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
The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes at a critical moment for Uganda’s tourism sector as it continues to recover from the significant disruptions caused by the COVID-
A driver facing serious charges related to the possession of prohibited goods has been granted bail. On September 25, 2024, Hussein Isabirye was released by the Anti Corruption Court in Nakasero, under the authority of Chief Magistrate Joan Aciro. The court set Isabirye’s bail at sh4 million, with
Kibuli Muslim Hospital has been recognized for its exceptional service to the Ugandan community. During a recent meeting with the hospital’s management team, John R. Musinguzi, the Commissioner General of the Uganda Revenue Authority (URA), commended the hospital’s dedication and sacrifices in s
Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r
Village health teams (VHT) from Kisoro Municipality are raising concerns about the overflowing Kamonyi sewerage into neighboring gardens in Karumena village, Kamonyi ward, Kisoro Municipality. This environmental hazard has significantly hindered the farming sector in the area. During a recent
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
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
Health education Nowadays, emergency contraceptive pills (ECPs) are increasingly being used as “a daily meal” by young women, especially in universities, as a means to prevent unintended pregnancies. These pills are designed to prevent pregnancy after unprotected sex, typically within
The government has decided to fly the body of the late Rev Fr Damian Grimes, the former long-serving head teacher of Namasagali College from the United Kingdom back to Uganda ahead of burial at the weekend. According to the tentative burial program released by the alumni of Namasagali C
