World Bank Group, IAEA Formalize Partnership to Collaborate on Nuclear Energy for Development World Bank Group and the International Atomic Energy Agency (IAEA) sealed an agreement to work together to support the safe, secure and responsible use of nuclear energy in developing countries. The partnership agreement, signed by World Bank
Read MoreMonth: July 2025
Global public debt hit a record $102 trillion in 2024 striking developing countries hardest UN Trade and Development Since 2010, developing countries’ debt has grown twice as fast as that of advanced economies. Today, 3.4 billion people live in countries spending more on interest payments than on health or education.
Read MoreCashew Nut Growing Program Kicks Off In Teso As 30 Community Facilitators Acquire Vital Skills
Minister Gidudu handing certificates of attendance to the facilitators/ Stephen Eligu As the initiative to grow 10 million cashew nut seedlings gains momentum in the Teso sub-region, at least 30 basic community facilitators have been trained to sensitize and monitor communities for the program's rollout. Launched on May 17th by
Read MoreDr. James Mwangi (2nd Right), Equity Group Managing Director and CEO with other senior leaders at the Group during the recently-concluded AGM Equity Group Holdings Plc recently held its 21st Annual General Meeting (AGM), where shareholders voted in favor of all the proposed resolutions, demonstrating strong confidence in the Group’s
Read MoreProfessor Achileo Kaaya speaking A coalition of civil society organizations advocating for food justice has called on government to immediately ban the sale of junk food in school canteens. The demand, part of a five-point appeal, also includes urgent approval of the draft Nutrient Profiling Model (NPM), enhanced public awareness
Read MoreRebecca Kadaga (3rd Right) is joined by other panelists at the post-budget dialogue The Minister for East African Community Affairs, Rebecca Kadaga has lashed out at some of the member states in the East African Community (EAC) for failing to pay subscription fees, which has crippled the activities at the
Read MoreSecuring Health After Retirement: Why a Post-Retirement Medical Cover is a Necessity, Not a Luxury
By Darius Niwaha Kishaho, CEO, Octagon Uganda Ltd For most of our working lives, we diligently pursue income, security, and a better future. We save for retirement, invest in our children’s education, and work hard to build a life of stability. But one often overlooked reality looms quietly in the
Read More30 staff members of UBL underwent training In a bid to standardise the hospitality industry while enhancing service excellence, Uganda Breweries Limited (UBL)’s Diageo Bar Academy 2025 training programme has continued to build the skills of bartenders, waiters, and waitresses across the country. According to Steven Baguma, UBL’s Reserve Ambassador,
Read MoreUganda earns big from coffee exports. Minister Tumwebaze says falling coffee prices is not a result of any government policy/intervention The Government of Uganda through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has finally spoken out on the falling coffee prices that have raised concerns among the stakeholders.
Read MoreCustomer Deposits Hit Shs35 Trillion Mark As Five Banks Control 56% Of Industry Market Share
Banking industry customer deposits increased by 97% to Shs35.17 trillion in 2024 to Shs33.55 trillion in 2023, Business Focus exclusively reports. However, five banks including Stanbic, Centenary, Absa, Equity and dfcu control 55.84% of the industry deposits, leaving 17 banks to share 44.16%. This analysis is derived from the financial
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