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Economy still faces several risks, says BoU

Economy still faces several risks, says BoU

Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot

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Museveni pledges Shs2 billion to Muslim women’s council

Museveni pledges Shs2 billion to Muslim women’s council

President Museveni has guaranteed to give Shs 2 billion to the Savings and Credit Cooperative Organisation (SACCO) of the women’s council affiliated to the Uganda Muslim Supreme Council (UMSC), the governing body of Muslims in the country. The money is geared towards backing the eco

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American Rapper, Lord Jamar alleges that Diddy’s S3xuality made Uptown Records to sack him

American Rapper, Lord Jamar alleges that Diddy’s S3xuality made Uptown Records to sack him

Lord Jamar, an American rapper, DJ, record producer, actor, and podcaster, has expressed

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Women activists call for reforms in land management

Women activists call for reforms in land management

Women activists in the land sector have urged the government to implement reforms in land management to better protect women’s rights to land ownership and usage. As the Ministry of Lands, Housing and Urban Development intensifies land reforms through its Program Implementation Action

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Poor living longer, rich dying younger

Poor living longer, rich dying younger

In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov

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At 62: Singapore innovates, Uganda struggles with waste

At 62: Singapore innovates, Uganda struggles with waste

The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,

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Rwanda becomes Uganda’s biggest sugar consumer in EAC

Rwanda becomes Uganda’s biggest sugar consumer in EAC

Rwanda has overtaken Kenya as Uganda’s biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common

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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

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New power tariffs excite Kalangala

New power tariffs excite Kalangala

Industrialists, cottage industry owners, and leaders in Kalangala District are optimistic about the newly-revised power tariffs announced by the Electricity Regulatory Authority (ERA). According to district leaders, the new tariffs on Buggala Island have been reduced by Shs275 for domest

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Tooro talent factory that keeps giving

Tooro talent factory that keeps giving

As you journey through the tranquil expanse of Kibale National Park, past picturesque Tooro tea plantations and rows of methodical trees near Fort Portal, an equally captivating sight welcomes you to the Tourism City. The 110-year-old Tooro Golf Club (TGC) lies on your right as you enter

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