Why banks are joining unit trusts party
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority...
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Govt fronts macadamia for poverty alleviation in Busoga
Government has partnered with One Acre Fund (OAF) to front macadamia nuts to farmers as part of poverty alleviation strategies in Busoga Sub-region. Jinja District Produc...
Court orders trial of 5 people in NSSF Lubowa land case
High Court in Kampala has ordered the trial of five people accused over the fraudulent transfer of land titles belonging to the National Social Security Fund (NSSF) for l...
President Museveni, 20 African Kings Expected at Lango Paramount Chief’s Coronation
President Yoweri Kaguta Museveni is expected to be the Guest of Honor during the coronation of Won Nyaci elect Eng. Dr. Moses Michael Odongo Okune, slated for November 2...
Museveni can only become a King David, not Amin
Whenever President Museveni denounces Idi Amin, labelling him an 'idiot', it rekindles debates about the parallels and contrasts between these two prominent figures in Ug...
URA Officers Manipulate Tax TINs to Steal UGX 319 Million
(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have d...
Zimbabwe’s new currency faces headwinds five months on
Five months after its launch, Zimbabweâs new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the governmentâ...
Ugandans choosing MDIs over banks, UMRA reveals
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study sho...
Activists push for non-custodial alternatives for minor offenses
Human rights activists have called for the implementation of non-custodial sentences to address Uganda’s prison congestion. The Commissioner of Prisons, Mr Apollo Baker...
Don’t blame us for high fees, private schools say
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses...