In a bid to address the low insurance penetration and rising out-of-pocket healthcare expenses in Uganda, Opportunity Bank Uganda has partnered with micro insurance provider Turaco to launch ‘Opportunity Sanyu, a micro medical cover product designed to cushion Ugandan families against medical a
Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small
Uganda and the United Nations High Commissioner for Refugees (UNHCR) have issued an urgent appeal for international support as the country faces a steep rise in refugee arrivals amid a deepening funding crisis.In a joint statement released on May 30, the Government and UNHCR warned that un
The price of brown sugar has soared across Uganda, with consumers and traders alike feeling the pinch of global supply disruptions and erratic weather that has battered production in leading sugar-exporting nations.A kilogram of brown sugar now sells for between Shs5,500 a
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
A shocking video has emerged of a Centenary Bank staff member, identified as Bernard, reporting to work in a drunken state.The video, which has been circulating on social media, shows Bernard slumped over his desk
The Permanent Secretary Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) Maj. Gen. David Kasura has said the European Union funded improving food security and resilience of food production systems project is set to enhance resilience and support sustainable food and nutrition s
When you talk about insurance, what runs through the minds of many Ugandans, is an imaginary image of a wealthy person, cushioning his property or the health of his family members.However, a section of experts in insurance industry have argued that the poor need insurance services more than
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
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
