Business •
30 Sep '24
It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling better and all the small wounds on the skin are covering up. However, there is still excruciating pain in the inner part
Business •
28 Sep '24
A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one area in Darfur into famine. WHAT TRIGGERED THE VIOLENCE? Tensions had been building for months before fighting betw
Business •
27 Sep '24
Sudan's army launched artillery and airstrikes in Sudan's capital on Thursday in its biggest operation to regain ground there since early in its 17-month war with the Rapid Support Forces (RSF), witnesses and military sources said. The push by the army, which lost control of most of the
Business •
26 Sep '24
A Tunisian court sentenced presidential candidate Ayachi Zammel to six months in prison on Wednesday on charges of falsifying documents, his lawyer told Reuters, the second prison sentence against him in a week, days before the presidential election. The verdict highlights rising tension
Business •
25 Sep '24
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
Business •
23 Sep '24
Recent reports that the Ugandan government is investigating the issuance of diplomatic passports to ordinary citizens are both alarming and necessary. Diplomatic passports, meant to facilitate official state business abroad, should be granted to a select group of individuals with specific ro
Business •
17 Sep '24
The Minister of Education and Sports, Ms Janet Museveni, has summoned vice-chancellors and senates of all public universities at State House to elect their representatives to the National Council for Higher Education (NCHE) on September 17. According to a letter written to the VC of one
Business •
12 Sep '24
The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara
Business •
26 Aug '24
A seemingly normal burial ceremony turned into a politically charged encounter when Bobi Wine, the leader of the National Unity Platform (NUP), confronted Moses Karangwa, a well-known businessman and NRM stalwart, during his remarks at the funeral of Nsanja Patr
Business •
04 Jun '24
A Shein pop-up store in Ottawa, Canada. Photo: ReutersFast-fashion retailer Shein, which thrives on a business model that sells budget made-in-China consumer goods overseas, is set to file an initial public offering (IPO) in London this week, according to