Energy officials tasked by Museveni to lower electricity rates
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper...
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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...
Government projects uniform fuel prices by December
Government has said it expects fuel prices to be uniform or have slight variances in about three months, a key discussion point since government took over as the sole imp...
Uganda Shilling Gains While Stanbic Rises, MTN Slips
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 36...
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...
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...
Support systems lacking as poisoning cases soar in Eastern Uganda
Fionah Auma, not real name, a resident of Busia District, was in 2019 chased from her husband's home by her in-laws after he died of hepatitis B. Auma says her in-laws cl...
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...
Support systems lacking as poisoning cases soar in Eastern Uganda
Fionah Auma, not real name, a resident of Busia District, was in 2019 chased from her husband's home by her in-laws after he died of hepatitis B. Auma says her in-laws cl...
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...