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Inside proposal to revive tea farming

Inside proposal to revive tea farming

Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur

Ultimate Uganda

Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€

Ultimate Uganda

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2

Ultimate Uganda

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of government’s legal instruments, strategies, and plans for developing the tourism sector, indicates that in the 10 years

Ultimate Uganda

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

NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

Ultimate Uganda

Tourism sites in north left with no sights and sounds

Tourism sites in north left with no sights and sounds

Members of Parliament from northern Uganda have tasked the government to fast-track the gazettement and development of key monuments and cultural heritage sites as an ingredient to spur the economic development of the region.

Ultimate Uganda

Uganda lost Shs30b to corruption in FY2023-24, says IGG

Uganda lost Shs30b to corruption in FY2023-24, says IGG

The Inspectorate of Government said Uganda lost at least Shs30 billion to the corrupt and registered about 2, 377 graft related complaints in the Financial Year 2023/24, the Ombudsman said on Monday. Ă‚ Accor

Ultimate Uganda

Nakaseke seeks govt opinion on sacking 20 head teachers

Nakaseke seeks govt opinion on sacking 20 head teachers

Authorities in Nakaseke District are yet to sack 21 primary school head teachers in Nakaseke District for using forged academic transcripts despite a recommendation by the Inspectorate of Government (IG), the Daily Monitor has learnt.

Ultimate Uganda

Vision named among top 'kiosks' bleeding the taxpayer

Vision named among top 'kiosks' bleeding the taxpayer

President Museveni authorised a late Shs14 trillion tax increment that Minister Kasaija added to the Budget Estimates, leaving Ibrahim Ssemujju Nganda in a tiffFrom the standard gauge railway to Lubowa hospital and Kiira Motors to the Preside

Ultimate Uganda