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Insurance half year premiums grow by Shs104b

Insurance half year premiums grow by Shs104b

Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju

Ultimate Uganda

Economy posts positive results despite negative predictions

Economy posts positive results despite negative predictions

The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin

Ultimate Uganda

Inside Opposition electoral reforms

Inside Opposition electoral reforms

The Opposition is seeking leave to table different electoral and constitutional reforms ahead of 2026 General Elections. Daily Monitor has seen seven draft Bills which seek to, among others, amend certain provisions of the Constitution and other Acts of Parliament to split the legislativ

Ultimate Uganda

World Bank says 26 poorest nations in worst financial shape since 2006

World Bank says 26 poorest nations in worst financial shape since 2006

 The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer

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50 per cent of Fort Portal wetlands drown in destruction - study

50 per cent of Fort Portal wetlands drown in destruction - study

About 50.9 percent of Fort Portal City's total wetland area has been degraded due to human activities, a new study has revealed. According to the study by Aid Environment, commissioned by Join for Water in collaboration with Fort Portal City, wetland cover reduced from 537.4 hectares to

Ultimate Uganda

Why Ugandans can't build good homes

Why Ugandans can't build good homes

Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an

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Uganda's activists face increasing digital violence

Uganda's activists face increasing digital violence

Four years ago, the coronavirus pandemic increased human reliance on technology which enabled virtual engagements. Research by the National Library of Medicine, a US-based biomedical informatics and the world's largest biomedical online library shows that the Covid-19 imposed restr

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Is your car due for wheel alignment?

Is your car due for wheel alignment?

Is your car experiencing uneven tyre wear? Does it pull to one side as you drive, or does the steering wheel become crooked when you are driving straight? If so, your car likely needs an alignment. It is important to visit your mechanic to have your wheels aligned. Continuing to drive in thi

Ultimate Uganda

Why you must make car servicing routine

Why you must make car servicing routine

It has been one year since Arnold Mutebi purchased a 2001 model CR-V RE2 4WD Honda. When he bought the car, he was looking for a fuel-efficient vehicle that had a fairly high ground clearance and was affordable to maintain. Despite having the means to afford a newer car, Mutebi's passion for

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'Theft of public funds was a shameful thing back then'

'Theft of public funds was a shameful thing back then'

You will be making 79 in November. With the benefit of hindsight, has Independence been worth it? Independence was a positive development that came at the right time. Colonialism was no longer viable. But, I am not sure whether we have successfully utilised Independence to the advantage

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