The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta
Makerere University students are up in arms over management’s failure to remit allowances for the past three months, leaving many without food and accommodation. More than 5,000 sponsored students are supposed to receive allowances. However, information from the country’s top institution
Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (
Three civilians from Ngora East Village, Paimol Sub-County in Agago District, who were shot dead by a Uganda People's Defence Forces (UPDF) soldier on October 20, 2024, were laid to rest on Wednesday. The deceased—Sunday Apio, 21; Santino Akidi, 47; and Florence Ajalo, 15—were all bu
A teenager who died while trying to rescue children who were caught up in the Kigogwa fuel tanker blaze has been described as selfless. Joseph Muwonge, 19, chose not to run away from the inferno on Tuesday evening as five children caught in the crosshairs cried out for help. The childr
The evening was filled with tributes, from colleagues celebrating his remarkable impact on MTN Uganda’s brand and market position. A light moment between Somdev and the MTN CFO, Andrew Bugembe (In suit)Various speakers praised Somdev’s contributions, highlighting his leadership i
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
In June this year, Kampala registered the highest cases of suicides in a single month, most of them involving high-profile individuals. Mr Luke Owoyesigyire, the Kampala Metropolitan Police deputy spokesperson, said four of seven incidents were registered in a single day on Martyrs' Day
