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Uganda loses Shs4.4 trillion to un-commercialised waste

Uganda loses Shs4.4 trillion to un-commercialised waste

The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen

Ultimate Uganda

Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom

Ultimate Uganda

Meeting Consumer Demand: The Rise of Competent and Ethical Financial Planners

Meeting Consumer Demand: The Rise of Competent and Ethical Financial Planners

In today's fast-paced world, securing a stable financial future is more important than ever. Whether it's planning for retirement or creating a well-balanced investment strategy, the need for expert financial advice is in high demand.Addressing Consumer Needs With a significant number of fin

Ultimate Uganda

NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

Ultimate Uganda

URA Collects UGX 28 Billion More Than Expected in August

URA Collects UGX 28 Billion More Than Expected in August

(Kampala) – The Uganda Revenue Authority (URA) has reported a  surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent

Ultimate Uganda

Outrage as Multichoice increases subscription fees again

Outrage as Multichoice increases subscription fees again

There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium content’s pricing  for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3

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Tanzania to expand natural gas exports to neighboring countries

Tanzania to expand natural gas exports to neighboring countries

Tanzania is advancing plans to expand its natural gas exports to neighbouring countries, including Uganda, Kenya, the Democratic Republic of the Congo (DRC), and Zambia, as it continues its ambition to become a regional cooking energy powerhouse.

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Inside Uganda’s murky carbon offset markets

Inside Uganda’s murky carbon offset markets

According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister (OPM), large swathes of the Mt Elgon ranges are uninhabitable owing to susceptibility to a

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Lukwago demands review of Greater Kampala programme

Lukwago demands review of Greater Kampala programme

Kampala Lord Mayor Erias Lukwago has called for a review of the Shs2.2 trillion Greater Kampala Metropolitan Area Urban Development Programme (GKMA-UDP) to ensure the effective allocation of the budgeted funds.Add

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Five core Business areas where AI can drive Revenue

Five core Business areas where AI can drive Revenue

According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth

Ultimate Uganda