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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

Ultimate Uganda

Don’t blame us for high fees, private schools say

Don’t blame us for high fees, private schools say

Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi

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

Government cautions importers on exorbitant charges on assistive devices for PWDs

Government cautions importers on exorbitant charges on assistive devices for PWDs

The Third Deputy Prime Minister, Ms Rukia Isanga Nakadama, has cautioned importers of disability aids and equipment against charging high prices, despite government granting them tax waivers.In her address to participants attending a three-day 7th Community Based Rehabilitation (CBR) / C

Ultimate Uganda

No love lost as NUP set out to unseat Ssemujju

No love lost as NUP set out to unseat Ssemujju

Since its inception in 2020, the National Unity Platform (NUP) has turned introduction ceremonies (customary marriage) in its Buganda cradle into spaces used to spread its gospel of change. Whilst historically an introduction in Buganda has always been an apolitical ceremony for a few

Ultimate Uganda

The rising sickle cell disease burden

The rising sickle cell disease burden

Tracy Katusiime, 22, a teacher from Wakiso District was born with sickle cell disorder. She says she takes at least two different types of medicines every day to manage the condition.“My parents got to know my s

Ultimate Uganda

Russian firm to open digital plate centres at borders

Russian firm to open digital plate centres at borders

The Russian firm, Intelligent Transport Monitoring System (ITMS), is set to open additional digital number plate centers at Malaba and Mutukula in a bid to accelerate installation of global positioning system (GPS) trackers in all public and private vehicles, mo

Ultimate Uganda

Embattled Speaker Among fights back

Embattled Speaker Among fights back

LOP Ssenyonyi under siege as parliament moves from Kampala COVER STORY | IAN KATUSIIME | In her two year tenure following corruption scandals and international sanctions, under pressur

Ultimate Uganda

CanalBox Uganda officially launches internet services

CanalBox Uganda officially launches internet services

CanalBox Uganda, a new broadband internet service provider, has officially launched its services in Uganda after investing Shs50 billion in the past 11 months.The company offers two fiber optic internet plans: Start (50 Mbps) and Premium (200 Mbps), suita

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