The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the
Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
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
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
For nearly 20 years, 54-year-old Patrick Aluma Waigo lived a modest life as a subsistence farmer in Aluru Sub-county, Lea Parish, Moyo District in northern Uganda.His aspirations never extended beyond growing enou
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In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-
How times have changed! Just last November, Uganda were grambling their way to Morocco to reluctantly host their home matches in the 2026 World Cup qualifiers against Guinea and Somalia.The Cranes had previously a
