Excessive govt local borrowing starves private sector of credit
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no...
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To cap or not to cap interest rates
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...
Biden to bid farewell at APEC and G20 under Trump's shadow
President Joe Biden heads to South America this week for a curtain call with global leaders after over 50 years in U.S. politics, but the man he tried and failed to keep...
URA, BAT move to tighten noose against contraband boosts DTS
The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in t...
Seven arrested over revenge attack after Lira businessman shot dead
Police in North Kyoga Region have arrested seven clan members in connection with a revenge attack following the death of Dickens Odongo, a local businessman in Lira City...
‘We’re aware the boda market is built on trust’
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and dis...
Two years later: Did dead pupil foresee Salama fire?
Rebecca Namulondo, 9, had a chilling premonition of impending doom. In an emotional revelation, Godfrey Wamunyokoli, a Mathematics and Science teacher at the Salama Schoo...
Trump in phone call advises Putin not to escalate in Ukraine
U.S. President-elect Donald Trump spoke with Russian President Vladimir Putin and advised him not to escalate the Ukraine war, a source familiar with the conversation tol...
Parents in trouble for not packing school lunch
The Ministry of Education and Sports has said it will soon start prosecuting parents who do not provide their children with meals at school. Mr John Chrysostom Muyingo, t...
Raid on Parliament again raises questions about Uganda’s democracy
A section of journalists accredited to cover Parliament were denied access to the premises while those who were allowed access were locked up in the basement of the build...