A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which
At 10:14am presiding judge Isaac Muwata walks into a fully-packed courtroom The court clerk calls for the Henry Katanga murder case file as the suspects who appear physically in court, head to the dock. Assistant Director of Public prosecution (DPP) Samali Wakooli, introduces the pro
(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f
(Kampala) – Police in Uganda have arrested four teachers accused of sharing fake Primary Leaving Examination (PLE) papers online in exchange for money, and they are expected to face charges in court on November 5, 2024. Uganda’s Police Force has confirmed the arrest of four teachers invol
The programme’s focus was to equip students with relevant skills to hit the ground running and build real-world projects right from the start. Most importantly, the programme did not only focus on technical skills but also critical issues such as ethics in AI. As she delivers her gradu
The US heads to the polls today, with many across Africa, including Uganda, hopeful that the incoming president will maintain foreign aid that supports educational programmes. The US has significantly contributed to Uganda's education sector through scholarships, partnerships, funding, a
MTN Uganda, through its corporate social responsibility arm, MTN Foundation, is excited to announce its latest initiative to boost digital access and education at St. Josephâs Seminary Nyenga. As part of its commitment to empowering youth and bridging the digital divide, MTN Uganda is p
Black Friday in developed economies such as the United States has since become a calendar event in several countries across the globe, especially Africa. This year it will kick off November 29, unofficially marking the start of the Christmas shopping season not only in the United State
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
