Business •
11 Oct '24
US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas
Business •
11 Oct '24
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
Business •
11 Oct '24
In a clash reminiscent of two neighbors vying to prove who is king of the hill, Uganda finds itself under the spotlight with everything to play for. As they host the group’s underdogs south Sudan on Friday at Namboole Stadium, there is no room for error and no second chances; it is a
Business •
11 Oct '24
The government has identified a Ghanaian investor to address the Kiteezi landfill crisis. The investor, Dr Joseph Sian Agyepong, was officially handed control of the 36-hectare landfill on October 8. This decision follows the tragic August 10 incident in Wakiso District, where a massive
Business •
09 Oct '24
In a developing diplomatic showdown, the United States of America envoy to Uganda, William Popp, is scheduled to meet with President Yoweri Museveni at State House in Entebbe this Thursday.The meeting comes in the
Business •
09 Oct '24
The Uganda National Examinations Board (UNEB) has sounded an alarm after a significant number of Senior Four candidates risk being ungraded due to their schools’ failure to submit continuous assessment scores. Data from UNEB reveals that only 56% of the 4,166
Business •
09 Oct '24
Kenyan President William Ruto is facing growing pressure to publicly explain the reasons behind his fallout with his deputy, Rigathi Gachagua. Allegations against Gachagua, which led to an attempt by parliamentarians to remove him from office, are reportedly not new in Kenya’s political landscape.
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
09 Oct '24
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
Business •
08 Oct '24
Women activists in the land sector have urged the government to implement reforms in land management to better protect women’s rights to land ownership and usage. As the Ministry of Lands, Housing and Urban Development intensifies land reforms through its Program Implementation Action