Business •
31 Oct '24
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
31 Oct '24
The Government Chief Whip, Mr Hamson Denis Obua, has vowed to front a solid team to ensure that the National Coffee (Amendment) Bill, 2024, is endorsed to pave the way for the rationalisation of the Uganda Coffee Development Authority (UCDA). Mr Obua insists that the position on the Bill
Business •
29 Oct '24
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 (
Business •
24 Oct '24
Several businesspeople in Kigogwa Town are counting losses after a fuel tanker exploded at a trading centre on Tuesday. The northbound tanker overturned before bursting into flames that engulfed the area, destroying several shops that included hardware, stationery, salons, and eateries,
Business •
24 Oct '24
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
Business •
23 Oct '24
At least 10 bodies had by Tuesday evening been recovered from the scene of a fuel tanker explosion at Kigogwa Town on Kampala-Bombo road in Wakiso District. Another person is said to have died at Kiruddu Referral Hospital where several of those who sustained severe burns were rushed for
Business •
22 Oct '24
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
Business •
21 Oct '24
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
Business •
21 Oct '24
Tension is building up in Kayunga District following last Friday’s clash between the Banyala ethnic group and Mengo loyalists after the former seized a building belonging to the latter. There is heavy deployment at the facility to quell any likely chaos. A section of the Banyala ca
Business •
17 Oct '24
Former One Direction singer Liam Payne was found dead outside a hotel in Buenos Aires after the 31-year-old fell from his third-floor room balcony, Argentine police said on Wednesday. In a statement, the capital police said they were called to the hotel in the capital's leafy Palermo nei