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Museveni to Trump: We seek peace and mutually beneficial co-operation

Museveni to Trump: We seek peace and mutually beneficial co-operation

President Museveni Friday joined several African leaders who have congratulated Donald Trump on winning US' November 5 presidential election in which he defeated Vice President and Democratic nominee Kamala Harris. Twice-impeached President Trump emphatically recaptured White House wit

Ultimate Uganda

MTN Uganda Set to Increase Dividend Payouts for Investors

MTN Uganda Set to Increase Dividend Payouts for Investors

(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f

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China partners with Busoga Consortium to eradicate poverty

China partners with Busoga Consortium to eradicate poverty

The government of China has joined forces with the Busoga Consortium for Development (BCD) to tackle household poverty in the region.  This collaboration comes after a 2019/2020 report by the Uganda Bureau of Statistics (Ubos) revealed that Busoga was among the top five sub-regions hind

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Partnerships are crucial in propagating technology

Partnerships are crucial in propagating technology

The programme’s focus was to equip students with relevant skills to hit the ground running and build real-world projects right from the start. Most importantly, the programme did not only focus on technical skills but also critical issues such as ethics in AI. As she delivers her gradu

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80% of business leaders not ready for AI, says KPMG

80% of business leaders not ready for AI, says KPMG

The 2024 KPMG CEO Outlook on preparedness to integrate Artificial Intelligence (AI) into their workspaces, shows that 80 percent of business leaders are not ready to invest in AI.  The outlook, which interviewed 50 business leaders across East Africa, indicates that 80 percent of leader

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MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

MTN Uganda, through its corporate social responsibility arm, MTN Foundation, is excited to announce its latest initiative to boost digital access and education at St. Joseph’s Seminary Nyenga. As part of its commitment to empowering youth and bridging the digital divide, MTN Uganda is p

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We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

Kampala Capital City Authority (KCCA) has said it is fast-tracking the development of a waste-to-energy plant in Ddundu, Mukono District. Mr Dan Muhumuza Niweabine, the KCCA head of public and corporate affairs, yesterday said Ddundu land would not be a “dumping site but a centre where

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University students fear joblessness over AI rise

University students fear joblessness over AI rise

University students have expressed concerns about the global rise of artificial intelligence (AI), fearing it could worsen the already high unemployment rates in Africa.  They argue that with unemployment already rampant, the spread of AI may push more graduates into joblessness. Du

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Why poor people need insurance more than the rich   

Why poor people need insurance more than the rich   

When you talk about insurance, what runs through the minds of many Ugandans, is an imaginary image of a wealthy person, cushioning his property or the health of his family members.However, a section of experts in insurance industry have argued that the poor need insurance services more than

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Parliament summons Finance, AG over Roko’s Shs260b bailout

Parliament summons Finance, AG over Roko’s Shs260b bailout

Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec

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