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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Zimbabwe’s new currency faces headwinds five months on

Zimbabwe’s new currency faces headwinds five months on

Five months after its launch, Zimbabwe’s new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the government’s plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the

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Teacher fights for wife’s life while struggling with mounting medical costs

Teacher fights for wife’s life while struggling with mounting medical costs

A teacher at Moroto Core PTC is urgently seeking assistance from well-wishers to cover Shs74 million in medical bills incurred after his wife underwent brain surgery at Mengo Hospital to remove a tumor. Mr John Dokolem, who has been a tutor at Moroto Core PTC since 1992, shared that he h

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No love lost as NUP set out to unseat Ssemujju

No love lost as NUP set out to unseat Ssemujju

Since its inception in 2020, the National Unity Platform (NUP) has turned introduction ceremonies (customary marriage) in its Buganda cradle into spaces used to spread its gospel of change. Whilst historically an introduction in Buganda has always been an apolitical ceremony for a few

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Vandals, inside theft and ageing grid damn UETCL

Vandals, inside theft and ageing grid damn UETCL

The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi

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Proposed five new cities to come with a hefty price tag

Proposed five new cities to come with a hefty price tag

The Ugandan government is proposing to create more new cities amid concerns that the nine cities, which were created in 2020, are already crippling financially and operating under numerous challenges.The Constitut

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A bitter fight over a multi-billion shilling MTN marketing contract

A bitter fight over a multi-billion shilling MTN marketing contract

In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-

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Uganda in race to meet new EU coffee export rules

Uganda in race to meet new EU coffee export rules

Bags of Ugandan coffee stored at a bulking centre as they await shipping to overseas markets. Over 60% of the country’s coffee ends up in the EU market signifying its importance to Uganda. COURTESY150 days left to comply with new to

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Liverpool hit the jackpot with Klopp signing who's worth more than Yoro

Liverpool hit the jackpot with Klopp signing who's worth more than Yoro

Last season, Liverpool fell apart at the final stretch. A slump in form after enduring the bite of the winter months saw conquests for the FA Cup&nbs

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5 important health checks every woman should get and why

5 important health checks every woman should get and why

Taking care of your health is one of the most important things you can do for yourself.

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