Government has finally accepted to address one of Buganda Kingdom’s long-standing demands by allocating UGX 60 billion for land compensation, as part of UGX 1.8 trillion supplementary budget tabled before Parliament’s Budget Committee, on Tuesday.
Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev
In 2024, a wave of grim findings from global water assessments confirmed what scientists and communities have long feared: the planet’s water crisis is deepening, with climate change and human mismanagement pushing billions toward unsafe, unreliable water sources.The UN
In a groundbreaking initiative aimed at bolstering HIV response efforts, the Initiative for Better Health (IBH) launched its ambitious campaign to raise Shs1 billion with a symbolic starting point of just Shs1,000.Held at Piato Restaurant in Kampala, the launch event brought together key s
President Museveni has said that the Parish Development Model (PDM) program is one of the National ResistanceMovement (NRM) government’s deliberate interventions to get people out of poverty.“The program of PDM is part of our philosophy from the 1960s.We didn’t believe th
President Museveni has commissioned a 7-kilometre road network in Kasese Municipality, constructed under the Uganda Support to Municipal Infrastructure Development (USMID) program at a cost of Shs54 billion.Speaking at the ceremony, the President described the newly built roads as a vital
MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance
The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last
