What other players give savers eager to grow money
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-ea...
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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...
Sudanese ex-leader Bashir moved to northern town for treatment
Sudanese former leader Omar al-Bashir has been transferred from Sudan's war-ravaged capital to the northern town of Merowe for medical treatment, his lawyer said on Tuesd...
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...
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...
EU deforestation regulation a game changer for global trade, environment
Addressing deforestation has become critical in a world grappling with climate change, biodiversity loss, and ecosystem collapse. The European Union (EU) has responded to...
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...
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 catast...
Effective waterproofing solutions for buildings
Many houses suffer from recurring water damage, leading homeowners to invest in annual renovations. Another approach is to try different waterproofing solutions and contr...
NMG introduces special desk for climate change
The year 2023 was confirmed as the warmest on record, with the average global temperature reaching 1.45°C, according to a World Meteorological Organisation (WMO) report...