High staff exits undermining banking sector stability, says BoU
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are c...
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Inside proposal to revive tea farming
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which...
Uganda unveils 600MW Karuma Hydropower Plant
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Is...
Harris pushes for second debate while Trump declines
U.S. Vice President Kamala Harris is pushing for a new debate next month as the November 5 election nears, while former President Donald Trump is declining, citing the s...
Japan grants Shs1.3b to boost Uganda’s health services
The Embassy of Japan on Thursday gave Uganda a grant of more than Shs1.3 billion to strengthen her emergency and disaster prevention systems. The funding is being avai...
PRIMEIs the EU coffee rule worthwhile?
The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Unio...
Uganda breaks ground on Ituka project, joining Africa’s solar revolution
Power Technology · tukio via Shutterstock.Uganda has become the latest country to join Africa’s solar revolution as Dubai-based renewables developer AMEA Power begins...
Parliament wants review of salary enhancements for security forces
Minister Muruli Mukasa said the salary enhancements were being guided by a 2017 Cabinet decisionParliament has advised Cabinet to rethink salary enhancements for security...
Equity Group registers strong recovery
Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefi...