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Foreign reserves fall to all time low

Foreign reserves fall to all time low

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

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Ugandans in India call out government on economic independence

Ugandans in India call out government on economic independence

Ugandans studying in India have highlighted the need for economic independence and noted that one way of achieving this is by embracing local produce. This was on October 9 during Uganda's Independence Day celebrations at Marwadi University in India. Dr Derrick Ssebaduka, the preside

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Don Nasser further remanded as case is still under investigation

Don Nasser further remanded as case is still under investigation

Kampala City businessman and socialite Nasser Nduhukire, also known as Don Nasser, has been further remanded to Luzira Prison until October 23. Nduhukire appeared on Tuesday morning before the presiding Chief magistrate at Buganda Road Court, Mr Ronald Kayiizi for his case in which he fa

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At 62: Singapore innovates, Uganda struggles with waste

At 62: Singapore innovates, Uganda struggles with waste

The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,

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Uganda's activists face increasing digital violence

Uganda's activists face increasing digital violence

According to the National Library of Medicine, research, biomedical informatics and the world's largest biomedical online library, the Covid-19 imposed restrictions led to an inevitable surge in the use of digital technologies to adjust to new ways of interaction, life, and work.  For U

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A perfect Nyege Nyege teaser party

A perfect Nyege Nyege teaser party

Next month from the 14 to 17, the renowned Nyege Nyege Festival, now in its 9th edition, will take place in Jinja at the Source of the Nile in Njeru. This switch of venue is intended to provide festival-goers with a more convenient experience, eliminating the need to walk long distances betw

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No thank you from many left out of Neyanziza concert

No thank you from many left out of Neyanziza concert

It was 9pm and lots of people were still stuck in the long queues both at the VIP area and the general gate at Cricket Oval Lugogo on Friday evening trying to get access to Sheebah’s Neyanziza show. Some had tickets while others wanted to buy at the gate.  The police and several bounc

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Rwanda becomes Uganda’s biggest sugar consumer in EAC

Rwanda becomes Uganda’s biggest sugar consumer in EAC

Rwanda has overtaken Kenya as Uganda’s biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common

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From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

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Tugende Mu Kikadde: Where nostalgia meets modernity

Tugende Mu Kikadde: Where nostalgia meets modernity

It is said old is gold, and music precisely does it in a special way because it evokes nostalgic memories of moments in time in our past. But lately, old music seems to transcend beyond age segments as young folks are seen capturing videos of themselves joyfully and playfully dancing on TikT

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