The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
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
Hundreds of slum dwellers from Nsoba slum in Kawempe Division thronged Nsoba gardens on September 22 to get lunch, a meal that is considered a luxury by most urban poor. By 8am, families that were mobilized by local authorities had already settled at the venue where food was to be
It is a cloudy day over Lake Kyoga. At midday, four women, oars slung over their shoulders, slowly walk through Zengebe Mayinja Landing Site, making their way to the lakeshore. The landing site is one of the six found in Lwampanga Town Council in Nakasongola District. The women are all
Five months after its launch, Zimbabweâs new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the governmentâs plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the
It is a cloudy day over Lake Kyoga. At midday, four women, oars slung over their shoulders, slowly walk through Zengebe Mayinja Landing Site, making their way to the lakeshore. The landing site is one of the six found in Lwampanga Town Council in Nakasongola District. The women are all
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.
For many, it's a flavor of college parties or perhaps a favorite beach cocktail. Now global brands Coca-Cola and Bacardi are teaming up to make rum and Coke in a can.The Atlanta-based beverage giant is plowing deeper into the market for canned cocktails, announcing Bacardi Mixed with Coca-Cola
Jay Chaudhry, 65, is now known as the billionaire founder and CEO of Zscaler, a cybersecurity company valued at about $28 billion. Back in 1998, he was an entrepreneur who first sold the startup he started with his wife Giotti. That business was SecureIT, which
A Shein pop-up store in Ottawa, Canada. Photo: ReutersFast-fashion retailer Shein, which thrives on a business model that sells budget made-in-China consumer goods overseas, is set to file an initial public offering (IPO) in London this week, according to
