Business •
20 Nov '24
(Kampala) â Ugandaâs prisons are operating at 363.6% of their intended capacity, with 76,244 inmates occupying facilities built to hold only 20,996, according to the 2023/24 Justice Law and Order (JLOS) report released at the Commonwealth Resort in Munyonyo.Commissioner General of Pris
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15 Nov '24
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
Business •
15 Nov '24
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
Business •
15 Nov '24
Emaritino Echiku, a 75-year-old resident of Soroti District, has been undergoing treatment for breast cancer at the Uganda Cancer Institute (UCI) in Kampala for the past three years. Echiku recalls noticing a small, painless lump on his right breast during adolescence, which he ignored f
Business •
13 Nov '24
The lively atmosphere at Hajj Hussein Ssengendo’s home in Masaka City’s suburb of Soweto, is a reflection of a man who has lived his life to the fullest. The home has all that an ageing senior citizen should have for life to move on. “At this age of 99, I actually have nothing
Business •
11 Nov '24
The theory that James Hewitt is Prince Harry's dad has been rumbling on for decades - but what's the evidence to suggest it is true and why do people keep talking about it?The rumours have been swirling for decadesThe long-standing speculation th
Business •
11 Nov '24
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Business •
11 Nov '24
Rebecca Namulondo, 9, had a chilling premonition of impending doom. In an emotional revelation, Godfrey Wamunyokoli, a Mathematics and Science teacher at the Salama School of the Blind, 40km east of Kampala in Luga Village, Kisoga Sub-county, Mukono District, shared a chilling detail abo
Business •
11 Nov '24
Despite the deliberate effort by the government to increase electricity generation, distribution and extend cooking gas cylinders, most Ugandan households are still using either firewood or charcoal for cooking, a survey by Twaweza, a nongovernmental organization working in East Africa has f
Business •
09 Nov '24
The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu