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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

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

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Authorities decry understaffing in Wakiso hospitals

Authorities decry understaffing in Wakiso hospitals

Authorities in Wakiso have decried understaffing and inadequate medical equipment in public health facilities in the district. The concern was raised on September 27 by Dr Mathias Lugoloobi, the officer in charge of Wakiso Health Centre IV, during commemoration of the 2024 World Patient

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Uganda unveils 600MW Karuma Hydropower Plant

Uganda unveils 600MW Karuma Hydropower Plant

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

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What other players give savers eager to grow money

What other players give savers eager to grow money

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

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Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2

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Retired civil servant gives hope, education to children with hearing impairment

Retired civil servant gives hope, education to children with hearing impairment

Many children with hearing impairment in villages across Bukedi Sub-region face significant challenges in accessing education. In response to this need, 70-year-old Sam Kateu, a retired civil servant who once worked as a procurement officer at the Ministry of Works, established Kavule Pa

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Internal Affairs yet to investigate illegal diplomatic passport holders

Internal Affairs yet to investigate illegal diplomatic passport holders

The Ministry of Internal Affairs is yet to investigate how some Ugandans have acquired diplomatic passports, which are reserved exclusively for diplomats. Earlier this month, Mr Rugiirwa Katatumba, son of the late businessman Bonney Katatumba, was seen on social media flaunting an allege

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

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Kiteezi tragedy: Survivors struggle with loss, relocation plans

Kiteezi tragedy: Survivors struggle with loss, relocation plans

The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity befell residents of Kiteezi in Wakiso District on August 10, claiming the lives of more than 35 people and destroying pro

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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