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Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

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Muhereza Kyamutetera Appointed CEO of Uganda Tourism Association

Muhereza Kyamutetera Appointed CEO of Uganda Tourism Association

The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes at a critical moment for Uganda’s tourism sector as it continues to recover from the significant disruptions caused by the COVID-

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Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which

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How EU rule will change coffee sector

How EU rule will change coffee sector

The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea

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Where are Uganda’s green jobs?

Where are Uganda’s green jobs?

Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than half of the workers are women, who turn to this refuge to cope with socio-economic challenges."We are 600 women out of ab

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Unprecedented Planetary Health Check: Breaking Down Boundaries And Threats To Earth's Stability

Unprecedented Planetary Health Check: Breaking Down Boundaries And Threats To Earth's Stability

Six Of Nine Earth Planetary Health Boundaries Have Been Broken – And There's More To ComeNew Assessment Reveals Critical State of Earth's Planetary Health In a groundbreaking study conducted by scientists at the Potsdam Institute for Climate Impact Research (PIK) in Germany, it has been re

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A Brief Peep into The NUP Manifesto for 2021 – 2026! But Do They Still Follow It?

A Brief Peep into The NUP Manifesto for 2021 – 2026! But Do They Still Follow It?

The National Unity Platform (NUP), a political movement that originated from the People Power movement, and its manifesto, outlining its vision for an inclusive, peaceful, and democratic Uganda. The party aims to end Uganda’s 35-year rule under the National Resistance Movement (NRM) through

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Knowing we deserve better is a great thing

Knowing we deserve better is a great thing

If you have heard Hon Norbert Mao speak, whether at a funeral service or graduation ceremony, you will admit that there is a good connection between a head and mouth that rarely goes wrong. Like him or not, this is something you give to him without a grudge. Strangely, that has never transla

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Women urged to use leadership roles for peacebuilding

Women urged to use leadership roles for peacebuilding

National Women's Council chairperson Faridah Kibowa has urged women to use the positions they hold in government to promote peace as females comprise majority of Uganda’s near 50million people population. "Women should play a pivotal role as ambassadors of peace across all sectors. We

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