Business •
26 Sep '24
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen
Business •
26 Sep '24
Hundreds of mourners gathered at All Saints Church in Mbarara to bid farewell to Jolly Mugisha, the National Unity Platform (NUP) deputy president for the western region. Mugisha passed away on Monday after spending four weeks in a coma at Mbarara Regional Referral Hospital. She was 63 years old.
Business •
26 Sep '24
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
Business •
26 Sep '24
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
Business •
25 Sep '24
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
Business •
25 Sep '24
Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be
Business •
24 Sep '24
The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea
Business •
24 Sep '24
Ugandan farmers and exporters have been urged to adopt a new digital traceability system, to enhance the tracking of fresh produce from farms to Entebbe International Airport. The developers of the system, Re-engineering of Uganda's Sanitary and Phytosanitary Inspection of Horticulture E
Business •
24 Sep '24
Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than half of the workers are women, who turn to this refuge to cope with socio-economic challenges."We are 600 women out of ab
Business •
24 Sep '24
Across the continent, in the past few months, Gen Z; those born between 1996 and 2010, according to McKinsey & Company, are increasingly becoming a voice to reckon with. Unlike generations past, they refuse to remain unheard and mobilise each other to place their demands. Raised in the f