Atiak Sugar Factory: Billions spent, no production
When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support t...
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African music platform to pay $1m in royalties
A leading African music platform has announced that it is now prioritising hyperlocal markets to enhance the reach and impact of both its artistes and advertisers, focusi...
Kingfisher oil field nears completion
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production...
Why Ugandans can't build good homes
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nab...
Foreign reserves fall to all time low
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In detail...
How Lugogo Cricket Oval and Serena revolutionized the showbiz scene
In 2022, Sheebah Karungi did the unthinkable, organised twin concerts at Kampala Serena’s Victoria Conference Hall. It was an ambitious move that could still show how m...
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...
UEFA Europa League ladder: Table, standings for 2024/25 competition league phase
The 2024/25 season of the UEFA Europa League has begun, with fans still getting used to a new format.With four additional teams and eight matches instead of six in a leag...
Kiteezi tragedy: Survivors struggle with loss, relocation plans
The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity bef...
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...