The Stanbic Bank Headline Purchase Manager’s Index (PMI) posted a 56.6 performance in December which signified an improvement in business conditions at the end of 2018. The latest reading which went up by 0.9 from 55.7 registered in November is higher than the series average of 53.2. Commenting on December’s
Read More
All products covered by compulsory standards must be certified by the Uganda National Bureau of Standards (UNBS) and issued with its Distinctive Mark before they are allowed on the market, following the coming into force of the Use of Distinctive Mark Regulation, 2018 on 1st January 2019. Some of the
Read More
Uganda's public debt has increased by 22 percent, rising from 33.99 trillion Shillings as at June 30, 2017, to 41.51 trillion Shillings as at June 30, 2018, according to the 2018 Auditor General's report released this morning. Handing over the report to the Speaker of Parliament Rebecca Kadaga, the Auditor
Read More
Lecturers who were expelled in a recent shake up at Makerere University have this morning handed to the speaker of Parliament Rebecca Kadaga, a petition challenging their dismissal from the institution. The university on December 23, 2018, announced the expulsion of 32 staff and suspension of 13 others for absconding
Read More
The Auditor General John Muwanga has released a new report revealing that Government may never recover 28.4 Billion Shillings disbursed to youths under Youth Livelihood Project. The AG found that almost 64 percent of the sampled youth projects, consisting of 71 percent value of loans, were non-existent and another 25
Read More
Democratic Republic of Congo’s Catholic church said on Thursday it was clear which candidate won the country’s presidential election, and demanded that the electoral commission publish accurate results. The church, one of Congo’s most trusted institutions and representing about 40 percent of its 80 million population, based its finding on
Read More
Pan African Tobacco Group (PTG), Africa’s largest indigenous producer of cigarettes and other Tobacco products, reached a milestone recently by celebrating its 40th anniversary. Rwandan multi-millionaire businessman Tribert Rujugiro Ayabatwa (in featured photo) founded the company in 1978 when he began manufacturing cigarettes in Burundi in 1978 after a successful
Read More
Ethiopian Airlines Flight No ET 338, a Boeing 337-800 on Thursday morning overshot the runaway on landing at Entebbe Airport International Airport. According to Civil Aviation Authority (CAA), the incident happened at 12:41am. “All the 139 passengers and crew on board disembarked safely,” CAA said in a statement dated January
Read More
Uganda has emerged as one of the world’s cheapest places to travel in 2019. Therefore, if you want to save money in 2019 and still travel the world, you’re in luck. Every year, Forbes taps into experts and influencers to find out their picks for cheap travel in the upcoming year.
Read More
Kenyan fish traders are calling on the Government to restrict illegal import of fish from Uganda, The Standard reports. They say their businesses are hurting from the large amounts of fish being sold in the local market from Uganda. The traders who were interviewed hoped the East African trade protocols
Read More
