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50% of agribusiness loan requests rejected - BoU

50% of agribusiness loan requests rejected - BoU

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

Ultimate Uganda

Govt pushes for mercury free options for artisanal miners

Govt pushes for mercury free options for artisanal miners

The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment.  Speaking duri

Ultimate Uganda

Ubos says still analysing 2024 census report, regrets error in results

Ubos says still analysing 2024 census report, regrets error in results

The Uganda Bureau of Statistics (Ubos) has gone back to the drawing board to analyse the 2024 National Population and Housing Census report which was released on Thursday last week. Ubos pulled down the main census report from its website following public outcry over contradicting figure

Ultimate Uganda

Brazil to ban sports betting if 'addiction' not regulated

Brazil to ban sports betting if 'addiction' not regulated

Brazil President Luiz Inacio Lula da Silva, whose government is trying to stop a sports bets craze consuming household incomes, said on Sunday he will ban online betting if regulation does not cure "addiction" by bettors. Soccer-mad and bet-loving Brazilians have fallen hard for sports b

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From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

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Bobi Wine not serious enough to lead Uganda – Mpuuga

Bobi Wine not serious enough to lead Uganda – Mpuuga

The High Court issued a judgement over the issue of the service award, saying it was not a legal issue. What is your overall view on that? You read the reasoning of the court. It’s called the ratio decidendi in the legal language. The reasoning of the court dissects real issues from he

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The rise of washing bays as social daytime hangouts

The rise of washing bays as social daytime hangouts

When you wake up at 2pm, on the eighth day of your annual leave, having finished all the errands for the day and you are bored, witless of your indoor surroundings, what do you do? You will probably end up at a car wash. Because we all know that the car wash is the best daytime hango

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High yielding jackfruit give hope to farmers

High yielding jackfruit give hope to farmers

Jackfruit, whose scientific name is Artocarpus heterophyllus Lam, has potential to reduce food and nutrition insecurity for both rural and urban communities in various parts of the world. Studies have shown that jackfruit is rich in both macro and micronutrients including carbohydrates,

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Is your next boss an AI?

Is your next boss an AI?

Imagine a bunch of nerds in the 1960s, sitting around thinking: “Hey, what if we could send messages between these things called computers instead of just passing notes in class?” They proceed to further think: “Let’s make these machines talk to each other so we don’t have to!" And

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Govt pushes for mercury free options for artisanal miners

Govt pushes for mercury free options for artisanal miners

The government has renewed its call to phase out the use of mercury among Artisanal and Small-Scale Gold Miners (ASGM), citing severe health risks and environmental pollution. Phiona Nyamutoro, Minister of State for Energy and Mineral Development (Minerals), emphasized the urgency of thi

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