Business •
19 Sep '24
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
Business •
19 Sep '24
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi
Business •
19 Sep '24
The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private
Business •
19 Sep '24
(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious minds, is set to trim its staff of part time lecturers thanks to a staggering UGX 6.7 billion debt hanging over its head like a hea
Business •
19 Sep '24
In exciting news for Grand Theft Auto enthusiasts, the highly anticipated sixth installment, GTA 6, is officially scheduled for release in autumn 2025.Take-Two Interactive , the publisher, has reiterated its commitment to launching GTA 6 in mid-late 2025, according to a recent Securities and Exchang
Business •
18 Sep '24
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.
Business •
18 Sep '24
Tanzania has been ranked first in Eastern, Southern and Central Africa for its leadership in cybersecurity, according to the 2024 Global Cyber Security Index (GCI). The East African country scored 100 percent across all five cybersecurity pillars that include legal, technical, organisati
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18 Sep '24
A new climate report has shown that Uganda has been steadily warming for the past 40 years to date. The report released by the Uganda National Meteorological Authority (UNMA) looks at Uganda’s climate from 1950-2023, where Uganda has been warming at the rate of around 2.6 degrees Celsi
Business •
18 Sep '24
The death of athlete Rebecca Cheptegei, who was doused in petrol and set ablaze by her former boyfriend, Dickson Ndiema Marangach, has renewed questions on governmentâs implementation of the Domestic Violence Act. The 33-year-old was last week buried in Bukwo District, days after Ma
Business •
18 Sep '24
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in