There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim
Uganda is seeking funds to build three hydropower plants that would add over 1,600 megawatts (MW) of capacity to help meet rising power demand, an energy official said on Wednesday. The East African country has identified three potential sites on the Nile river, the biggest of which is t
The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som
KAMPALA, UGANDA – Government of Uganda through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and Uganda Coffee Development Authority has officially launched a nationwide coffee registration exercise aimed at enhancing sustainability, impro
Banyarwanda under their umbrella organization The Uganda Banyarwanda Cultural Development Association (UMUBANO) have today addressed the press at Speke Hotel Kampala where they spit venom over the ongoing injustice against them in Uganda.
It is about five years now since the revival of Uganda Airlines. What is there to write home about so far?Some of the reasons that led to the revival of Uganda Airlines emanated from complaints regarding connectivity, price and travel delays then. We have solved these and many other problems
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur
The government has been tasked to fast- track the implementation of the National Community Health Strategy to strengthen health service delivery at the community level. Mr Tadius Mwesige, the Manager of Strengthening Community Health Workforce in Uganda Project, which is currently being
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€
