Kyotera leaders up in arms over delayed market works
Local leaders in Kyotera District have tasked the government to explain the delayed commencement of the Mutukula Regional Market which has failed to take off four years a...
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Happy Independence Day, but our work is still cut out
As Uganda marks 62 years of flag Independence today, the vibrant civic society we once hoped would shape our shared life after the Union Jack was lowered remains elusive...
Who holds the largest share of govt's domestic debt
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministr...
Vision Group's Shs25b share sale explained
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a not...
Non-performing loans drop but credit extension remains subduedÂ
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended J...
What next after Uganda fails to wake up and smell the coffee?
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental r...
Store credit cards now carry a record interest rate as more Americans struggle to make payments
Retail credit card interest rates have reached an all-time record, according to new data from Bankrate.The average APR for retail credit cards is 30.45% this year, which...
PRIME What EABL’s offer to fully own UBL means
Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its m...
Egypt announces Africa’s first hydrogen-powered skyscraper, offering a new era for green power
An artist’s rendering of the Forbes International Tower.Photo: Adrian Smith + Gordon Gill ArchitectureForbes is set to construct a 50-storey hydrogen-powered build...
MTN seeks to separate mobile money business from listed company
MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, w...