Business •
11 Oct '24
The parties to the South Sudan High-Level Mediation in Nairobi, often referred to as the holdout groups, are expected to sign the final agreement in November following the completion of nine protocols on key agenda items. The revelations from the mediation team signal a revival of the fi
Business •
11 Oct '24
Two teachers from St. Mary's Junior School in Namirembe, Tororo District, have been remanded to Morukatipe Prisons after being charged with unlawful possession of Uganda National Examination Board (UNEB) materials. The school head teacher, Denis Juko and his junior teacher Moses Ejangu
Business •
09 Oct '24
Experts have raised concerns about the frequent consumption of soda, warning that the habit can lead to serious health problems.
Joy Ouma, a nutritionist at Aga Khan University Hospital, explains that beverages like soda provide an immediate energy boost but can negatively impact a person’s
Business •
09 Oct '24
The Anti-Corruption Unit of State House Uganda, in collaboration with the Criminal Investigations Department (CID) and the Office of the Director of Public Prosecutions (ODPP), has brought charges against two town agents and two leaders of the Parish Development Model (PDM) Savings and Credit Cooper
Business •
09 Oct '24
The executive director of the Uganda Bureau of Statistics (UBOS), Dr. Chris Mukiza, has firmly rejected calls for his resignation following the release of the 2024 National Population and Housing Census report, which contained several errors. Speaking at a breakfast meeting with journalists and medi
Business •
09 Oct '24
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
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
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
Business •
07 Oct '24
Deputy President Rigathi Gachagua, who is on the verge of being kicked out of office through impeachment, has appealed to his boss, President William Ruto, for forgiveness. Mr Gachagua on Sunday made a passionate appeal to Dr Ruto, saying while he was not aware of any transgressions, he