Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi
First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA). After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M
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
Contractors have said the poor state of roads in Nebbi District is stifling completion of government projects in the area. The contractors say they are finding difficulties in transporting materials to the sites, especially whenever it rains. One of the affected projects is the const
There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium contentâs pricing for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3
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
Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.
