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Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

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Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which

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Museveni can only become a King David, not Amin

Museveni can only become a King David, not Amin

Whenever President Museveni denounces Idi Amin, labelling him an 'idiot', it rekindles debates about the parallels and contrasts between these two prominent figures in Uganda's political history. Amin has globally been clustered in a band of brutal leaders like Adolf Hitler who was the maste

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Zimbabwe’s new currency faces headwinds five months on

Zimbabwe’s new currency faces headwinds five months on

Five months after its launch, Zimbabwe’s new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the government’s plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the

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Minister Kasaija stresses peace as key to tourism growth

Minister Kasaija stresses peace as key to tourism growth

The Minister of Finance, Planning and Economic Development, Mr Matia Kasaija, has urged Ugandans to maintain peace and security to enhance the country’s tourism industry. Uganda recently witnessed a series of demonstrations by citizens dissatisfied with service delivery and high levels

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Meeting Consumer Demand: The Rise of Competent and Ethical Financial Planners

Meeting Consumer Demand: The Rise of Competent and Ethical Financial Planners

In today's fast-paced world, securing a stable financial future is more important than ever. Whether it's planning for retirement or creating a well-balanced investment strategy, the need for expert financial advice is in high demand.Addressing Consumer Needs With a significant number of fin

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Boost Your Activity with 32 Exercise Snacking Ideas for Home or Office

Boost Your Activity with 32 Exercise Snacking Ideas for Home or Office

Exercise snacking is a popular trend that involves incorporating short bursts of exercise into your daily routine to stay active. These small bursts of movement can be done at home or in the office, and can have numerous health benefits. Here are some creative ideas to boost your activity levels and

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Game-changing tech products for plant care

Game-changing tech products for plant care

In many homes, incorporating greenery is a valued aspect of interior and exterior design, whether it is a stylish monstera on the deck, herbs thriving in benchtop planters, or a mini vegetable garden. However, not everyone has a natural aptitude for plant care. Fortunately, advancements in t

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Interior design pieces to invest in by age

Interior design pieces to invest in by age

Investing in interior design pieces is a thoughtful way to create a home that evolves with you through different stages of life. As your needs, preferences, and lifestyle change, so too should the key elements that define your living space. From foundational pieces in your 20s to timeles

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Experience Thrills and Chills with the Enhanced PS5 Pro Version of Survival Horror Game Retrieval

Experience Thrills and Chills with the Enhanced PS5 Pro Version of Survival Horror Game Retrieval

In a recent announcement, developer 333Studios revealed that they will be launching an enhanced version of their upcoming survival horror game, Retrieval , specifically designed for the PS5 Pro. The game promises to deliver an immersive and chilling experience with improved graphics and a higher fra

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