Business •
20 Sep '24
“When I planted these crops, I never expected the rain would disrupt us; it usually doesn’t. This time, however, the rains were excessive, and my nearly ready crops were submerged by floods,” said Mr Patrick Toko, a resident of Okubani village, Ariwa Sub-county, Yumbe District. Tok
Business •
20 Sep '24
Kitu Kidogo, Panya Route and Rolexand other words from parlances in East Africa are the latest entrants into the Oxford English Dictionary. Kitu kidogo is a Swahili word for money offered or accepted as an inducement or bribe while panya route is a secret path or roundabout route, esp
Business •
20 Sep '24
The Pakistani Embassy has denied authorising the issuance of a diplomatic passport to the son of the former honorary consul of Pakistan in Uganda. About two weeks ago, the Minister of Internal Affairs, Maj Gen Kahinda Otafiire, pointed to the Pakistani Embassy as the authority that could
Business •
20 Sep '24
Justice and Constitutional Affairs minister, Mr Nobert Mao, has warned that the state of democracy in Uganda is unsatisfactory and called on citizens to demand for better. Mr Mao made the comments yesterday at an event to mark the International Day of Democracy hosted by the Swedish emba
Business •
19 Sep '24
In Vernon Parish, a herd of wild horses has roamed the Kisatchie National Forest for years.Some people speculate that the horses have been there for centuries. And as far as the horses were concerned, the 48,000-acre forest in which they roamed was their habitat. After all, the Vernon Paris
Business •
19 Sep '24
The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen
Business •
19 Sep '24
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
Business •
19 Sep '24
Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discloses laxity in the manner in which development projects, the majority of which are funded by international partners an
Business •
19 Sep '24
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
Business •
19 Sep '24
Themed “Joining Hands to advance Modernization and build a High-Level China-Africa Community with a Shared Future,” the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) was a big success and highlighted the common pursuit of China and African countries in realizing modernizat