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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s 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

Ultimate Uganda

Vandals, inside theft and ageing grid damn UETCL

Vandals, inside theft and ageing grid damn UETCL

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

Ultimate Uganda

How refugee project is changing lives

How refugee project is changing lives

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

Ultimate Uganda

Salaries of police and prisons chiefs doubled

Salaries of police and prisons chiefs doubled

The monthly salaries of the Inspector General of Police (IGP) Abbas Byakagaba, and Commissioner General of Prisons (CGP) Johnson Byabashaija and those of their deputies have been more than doubled in the new salary structure of Financial year 2024/25 that takes

Ultimate Uganda

Double Standards or Fear of the Unknown? Why Does the Speaker Dodge Debate on Lavish Spending?

Double Standards or Fear of the Unknown? Why Does the Speaker Dodge Debate on Lavish Spending?

Speaker of Parliament, Anita Among, presides over the HouseThe August House Speaker, Rt Hon. Annet Anita Among, seems to be afflicted by a fear of the unknown or a person of double standards, as seen by her persistent suppression of House members from deb

Ultimate Uganda