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Excessive govt local borrowing starves private sector of credit 

Excessive govt local borrowing starves private sector of credit 

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

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Male breast cancer: Echiku recalls noticing a small, painless lump on his right breast

Male breast cancer: Echiku recalls noticing a small, painless lump on his right breast

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

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Kadaga, Busoga clerics clash over Nyege Nyege fete

Kadaga, Busoga clerics clash over Nyege Nyege fete

Jinja-based Born Again pastors have joined Busoga East Diocese Bishop Paul Hannington Suubi to protest the hosting of the forthcoming Nyege Nyege Music festival in the area. The International Nyege Nyege Music Festival is scheduled for November 14 to 17 at the Jinja Golf Ground in Jinja

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Two years later: Did dead pupil foresee Salama fire?

Two years later: Did dead pupil foresee Salama fire?

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

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Turkey: Farmer’s tale from hobby to thriving business

Turkey: Farmer’s tale from hobby to thriving business

Dr Gerald Akankwasa, a general physician at Mulago Hospital, started his backyard flock in Jokolera, Kasangati Town Council, Wakiso District, with just three turkeys in early 2023. Barely two years later, he now has more than 170 birds of different ages. And with his determination and in

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Govt to finally implement local insurance for importers

Govt to finally implement local insurance for importers

Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers

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Here is what informed the rationalisation of agencies

Here is what informed the rationalisation of agencies

Back in the 1990s, Uganda adopted several reforms. One of them was creation of semi-autonomous agencies. The architects of these (largely donor-driven) reforms promised enhanced efficiency and State capacity to deliver services by sidestepping bureaucracy in the mainstream ministries. Th

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Traders eye money as nsenene return just on time

Traders eye money as nsenene return just on time

Grasshoppers, locally known as nsenene, are here again. The nsenene usually appear around late October through November and part of early December. However, last year they delayed, which created anxiety among trappers and traders who always make a killing from selling the delicious insec

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Uganda shilling strengthens against dollar - BoU

Uganda shilling strengthens against dollar - BoU

Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati

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MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

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. Joseph’s Seminary Nyenga. As part of its commitment to empowering youth and bridging the digital divide, MTN Uganda is p

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