Non-performing loans drop but credit extension remains subdued
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...
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Vision Group seeks Shs25b in new share sale
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in...
Ex-ULS president withdraws dismissal application in Shs4.1b theft case
A senior lawyer and former Uganda Law Society (ULS) president accused of stealing over Shs4.1 billion meant for war loss compensation to Busoga Growers Cooperatives has w...
Motorists face long detours following Karuma Bridge closure
Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The govern...
Tooro tea farmers frustrated as prices remain low
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87...
Where are Uganda’s green jobs?
Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than...
Uganda earned $1.35b from coffee exports in last 12 months- UCDA
Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the ov...
Government urged to put breaks on tax incentives to companies
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury strugg...
Defying norms: Nakasongola women take to the waters
It is a cloudy day over Lake Kyoga. At midday, four women, oars slung over their shoulders, slowly walk through Zengebe Mayinja Landing Site, making their way to the lake...
Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increa...