The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "too high". Jerome Powell told an annual gathering of central bankers that the pace of price rises had fallen from a peak. However, it remains above the Fed's 2%
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The Police has named roads where you have high chances of being crashed by a drunk- drivers in the Kampala metropolitan area. The Traffic Police have named Gaba road, Kiira road, Jinja road, Entebbe road, Kampala-Expressway and Northern Bypass as some of the most deadly roads in the night because
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Housing Finance Bank's Head of Business and Institutional Banking, Angela Ndawula, hands over the cheque to the Future Female Alumni Association of Uganda's outgoing Chairperson, Hellen Nanteza Kawesa. Housing Finance Bank has announced its support towards the Future Female Alumni Association of Uganda (FFAAU). This platform brings together women pursuing
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Runners taking part in this year’s Tusker Lite Mt Rwenzori Marathon in September will have their hydration needs looked after by headline sponsor Coca-Cola Beverages Uganda (CCBU), while resting assured that the company will also take care of plastic waste at the event. The marathon, which focuses on environmental conservation,
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Vincent Waiswa Bagiire, the Permanent Secretary, Ministry of Foreign Affairs The Ministry of Foreign Affairs is seeking a viable resolution for the predicament Ugandan citizens who have been apprehended for overstaying in Turkey. Last month, the Ugandan Embassy in Ankara announced that a substantial number of Ugandan nationals had been
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Owning a home for retirement, one of the main targets of most Ugandans or Africans, has been named as the main causes of old-age poverty, according to some experts. While, according to the African traditional setting, it is one of the goals of any young man and to a lesser
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The net value of the assets of Ugandan electricity distributor Umeme Limited dropped by Sh9.96 billion in the 12 months to June 2023, eating into the potential capital gains that shareholders will receive in compensation when its concession to distribute electricity in the country ends in 2025. The firm, which
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Bajaj Auto Ltd. the manufacturer of Africa’s No.1 motorcycle, yesterday launched the new 125cc motorcycle - CT 125 HD in association with M/s Nish Auto Ltd. and M/s Verma Co Ltd., the authorised distributor and principal dealer respectively for Bajaj Motorcycles in Uganda. The launch of the CT 125 HD,
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The leadership of the Committee on National Economy, Hon. John Bosco Ikojo (R) and Hon. Robert Migadde (2nd, R) seated with Ministers Parliament has tasked government to fast-track the rehabilitation of the Kampala-Malaba metre gauge railway to enhance trade and transport and also place the country in tandem with her
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Victoria Ssekitoleko Government has been asked to invest in the entertainment industry so as to boost revenue moblisation, instead of focusing on a small group of taxpayers in Uganda. The call was made by Victoria Ssekitoleko, a member of Private Sector Foundation Uganda, who wondered why Government has continued to ignore investment
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