Business •
09 Oct '24
Soroti Councillors Throw Punches Instead of Proposals in Latest Meeting
Debate sometimes resembles a wrestling match in Ugandan politics. This was the case at the Soroti district council meeting on October 9, 2024 which turned into a scene worthy of a local boxing match. The afternoon began w
Business •
09 Oct '24
A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
08 Oct '24
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,
Business •
07 Oct '24
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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07 Oct '24
Supporters of current Tunisian President Kais Saied began celebrations in the capital on Sunday night after an exit poll broadcast on state television showed him winning, beating two rivals, one of whom is now in prison Saied on Sunday faced two election rivals: his former ally turned cr
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06 Oct '24
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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04 Oct '24
Alison Mary Akello was crowned second runner-up at the recently concluded Miss Tourism Africa contest held at the Landmark Centre in Lagos, Nigeria, on October 1. The top prize, Miss Tourism Africa 2023/24, went to Ndinelago 'Ndina' Emosho from Namibia, who walked away with £2,000 (appr
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02 Oct '24
MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex
Business •
01 Oct '24
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€