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Museveni stresses importance of peace, security for business

Museveni stresses importance of peace, security for business

President Museveni has underscored the critical role of peace and security in fostering business success. Addressing participants during the fifth Bi-Annual Private Sector CEO retreat in Kampala on Monday, the President emphasised that the absence of security impedes business operations.

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Uganda signs Africa water agreement

Uganda signs Africa water agreement

Uganda has solidified its position as a hub for water and sanitation management in Africa by signing a historic host agreement with the African Water and Sanitation Association (AfWASA).  The agreement establishes the African Water and Sanitation Academy (AWASA) in Uganda, marking a sig

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NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

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URA Collects UGX 28 Billion More Than Expected in August

URA Collects UGX 28 Billion More Than Expected in August

(Kampala) – The Uganda Revenue Authority (URA) has reported a  surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent

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PSFU asks govt to address delays in paying domestic arrears

PSFU asks govt to address delays in paying domestic arrears

Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t

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President Museveni Cautions Leaders Against Using Money in Politics

President Museveni Cautions Leaders Against Using Money in Politics

President Yoweri Kaguta Museveni has cautioned leaders against using money in politics, saying that it’s against the National Resistance Movement (NRM)’s 4th principle of democracy. “With Principle No.4 (democracy), we must remove the pollution of using money in politics. Let all leader

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PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

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How more conferences will boost our economy

How more conferences will boost our economy

Briefly tell us about yourself.I have been the chief executive officer of Uganda Hotel Owners Association (UHOA) for the last eight years. I started as the first female CEO of this association. When I took over, I was the youngest person to hold this position.We started the association with

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Enhancing love for Mathematics through CBC in Ugandan schools

Enhancing love for Mathematics through CBC in Ugandan schools

Mathematics has long been perceived as a challenging subject by many students and adults, despite its undeniable importance in everyday life and various professional fields. This negative perception often begins at an early age, leading to a lifelong aversion to the subject. However, with th

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NMG introduces special desk for climate change

NMG introduces special desk for climate change

The year 2023 was confirmed as the warmest on record, with the average global temperature reaching 1.45°C, according to a World Meteorological Organisation (WMO) report.  This alarming increase in global warming is largely attributed to human-induced climate change, further exacerbated

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