By Tamara Rajic The rapid advancement of artificial intelligence (AI) has captured the world's attention, permeating businesses across all sectors at an astonishing pace. Embracing AI technologies is essential for businesses to remain competitive and meet the evolving demands of customers in an increasingly digital age. AI-driven innovation is poised
Read MoreYear: 2024
Egyptair commenced cargo flights from Entebbe to North America in February 2024/ Courtesy photo The market has positively responded to Egyptair’s cargo services from Entebbe International Airport to North America, with the Ugandan community in the USA now able to easily get access to local food from the East African
Read MoreNew $1.5 Million Fund Aims To Expand Access To Air Quality Data To 1 Billion People By 2030
Air pollution is increasing in Kampala/Courtesy photo The EPIC Air Quality Fund, through a gift from Open Philanthropy, will bring air quality monitors and open pollution data to some of the world’s most polluted communities. Air pollution is the number one health risk to humankind, with EPIC’s Air Quality Life Index
Read MoreRetirees during sensitization workshop Brig Gen Emmanuel Kanyesigye, the commandant of the Jinja Cantonment has warned retiring Uganda People’s Defence Forces (UPDF) Colonels and Majors have been cautioned against using their military ranks and titles to assert authority in their villages. “Transitioning from command positions can be challenging but you
Read MoreRemanded: Charles Basoga The Anti-Corruption Court in Kampala has remanded Charles Basoga, Chairperson of the Busoga Growers Cooperative Union, to Luzira Prison on charges of conspiring with three others to defraud the government of 4.0515 billion shillings intended as compensation for the Busoga Growers Cooperative Union. Basoga appeared before Acting
Read MoreAll Government agencies have been urged not to recruit new staff in the 2024/25 Financial year, unless if explicit permission has been granted by the Ministry of Finance and Ministry of Public Service. The pronouncement was made by Ramathan Ggoobi, Secretary to Treasury in the 15th July 2024 Budget Execution
Read MoreJames Onyutta, Managing Director at FINCA Uganda By Cynthia Ruth Naggayi Research is increasingly becoming one of today’s most critical business assets, used especially to solve problems, advance technology, inform policymaking, and, most fundamentally, expand human knowledge. But, at the heart of all research is data, whether in the form of observations,
Read MorePersonal & Household Loans Take Biggest Share As Financial Institutions Extend Loans Worth Shs1.3Trn To Borrowers In May
Financial institutions in Uganda approved loans worth Shs1.3Trn in May 2024, with personal and household loans taking the largest share. According to the Performance of the Economy Monthly Reportfor June 2024 released by the Ministry of Finance, Planning and Economic Development, the value of credit approved for disbursement amounted to Shs1.331Trn up from
Read MoreFinance Ministry Directs Accounting Officers To Get Digital Number Plates For All Gov’t Vehicles
Ramathan Ggoobi, Secretary to Treasury The Ministry of Finance has directed all Accounting Officers of Ministries, Departments and Agencies to comply with the directive to replace the current number plates on their vehicles with the newly approved digital number plates. The directive is contained in the 15th July 2024 Budget
Read MoreCoffee, Gold, Flowers & Electricity Help Uganda Earn Shs3.2Trn From May Exports -Report
Uganda’s export earnings in May 2024 amounted to USD 891.97 million (Shs3.279Trn) a 39.4% increase from US$639.86million (Shs2,352,573,262,000) in April 2024, the Ministry of Finance has revealed. The details are contained in the Performance of the Economy Monthly Report for June 2024 that was released recently, with Government attributing the growth in exports
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