Business •
20 Sep '24
The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m
Business •
19 Sep '24
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
Business •
19 Sep '24
For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c
Business •
19 Sep '24
The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private
Business •
19 Sep '24
The East African Court of Justice (EACJ) kicked off its September session in Arusha this week after taking a break since May due to lack of funding. The judges started working on September 16, hoping to clear a backlog of cases by October 11. “Due to financial challenges, the cour
Business •
19 Sep '24
Uganda is still at risk of violent extremism in defence of religion, ideology, and political goals, a new report released on September 18 shows. Violent extremism refers to the beliefs and actions of people who support or use violence to achieve ideological, religious, or political goals
Business •
18 Sep '24
The death on Monday of a nine-year-old boy in Kabale District after contracting rabies from a stray dog opens an old festering wound in the country. The boy died on a day his contemporaries returned to school to have a crack at the third and final term of their academic year in Primary Three
Business •
18 Sep '24
Tanzania has been ranked first in Eastern, Southern and Central Africa for its leadership in cybersecurity, according to the 2024 Global Cyber Security Index (GCI). The East African country scored 100 percent across all five cybersecurity pillars that include legal, technical, organisati
Business •
18 Sep '24
Members of Parliament (MPs) have condemned domestic violence, especially against women. This follows the death of athlete Rebecca Cheptegei on September 5, after she was doused with petrol and set on fire by her ex-boyfriend Dickson Ndiema Marangach. The Ugandan national, who was tra
Business •
18 Sep '24
A new climate report has shown that Uganda has been steadily warming for the past 40 years to date. The report released by the Uganda National Meteorological Authority (UNMA) looks at Uganda’s climate from 1950-2023, where Uganda has been warming at the rate of around 2.6 degrees Celsi