On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi
At least six people were killed and 10 injured on Saturday by bomb explosions in Somalia’s capital Mogadishu and a town in the country's Middle Shabelle region, police and witnesses said. It was not immediately clear who had carried out the attacks, although Islamist militant group al-
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
The battle lines have been drawn in the sand, and there is no turning back now as desperate KCCA and Kitara gear up for an epic clash on Friday at Lugogo. With both sides faltering in their previous outings, the mind games are already swirling ahead of what promises to be a fierce con
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
Government has said it expects fuel prices to be uniform or have slight variances in about three months, a key discussion point since government took over as the sole importer and supplier of oil products. Responding to Monitor inquiries regarding the slow reduction in fuel costs among b
Livestock theft in the cattle corridor districts continues to challenge local leaders and security forces as thieves increasingly use passenger commuter taxis and saloon cars to transport stolen animals, evading detection. These criminal gangs, transporting both live animals and carcasse
Kampala Lord Mayor Erias Lukwago has asked the Inspector General of Government (IGG) to make public the findings of the Kiteezi garbage heap disaster, which led to the sacking of top executives of Kampala Capital City Authority (KCCA). President Museveni on September 24 fired KCCA Execu
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
