Chris Mukiza, the executive director of UBOS Uganda's first ever multidimensional poverty index report for 2021, has revealed that up to 42.1 percent of Uganda's population lack in several social and economic aspects of a normal human life. The survey conducted by the Uganda Bureau of Statistics, took
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Mbale floods have left scores dead/Courtesy photo Bagishu and Sabiny have a choice between a rock and hard ground: a calamity and a dilemma. Landslides, which are an act of God on one hand, evictions by Uganda Wildlife Authority on the other are what they have to choose from. As
Read MoreBrace For Tough Times As Shilling Depreciation Not Easing Soon -Experts
The Uganda shilling continues to depreciate against the US dollar as both local and external factors exert pressure on the local and other emerging currency markets. For more than a week, the shilling has just stayed short of touching the 3,900 level against the dollar, amidst sustained intervention into
Read MoreTracy Bolton, chief operating officer at SAP Africa New research has highlighted the challenges most organisations face with balancing sustainability and profitability. A study by Oxford Economics and SAP has found that, while the business case for sustainability is well understood, most sustainability initiatives are simply not realising value.
Read MoreBy Francis Otucu On Thursday afternoon, it came to light that Democratic Party (DP) President, Nobert Mao, had been appointed as the Minister for Justice and Constitutional Affairs. Soon after the appointment, President Yoweri Musevni left for Arusha (Tanzania) for the Heads of State meeting on the progress of the
Read MoreIn the past, the currencies of some of the most powerful countries had their values directly linked to gold. Their currencies could be exchanged for a specified amount of gold determined by its international value. However, as world governments have moved on from the gold standard, they have since developed
Read MoreCOVID-19 Economic Shocks Will Push 4.1 Million Ugandans Into Poverty – EPRC Study
Paul Lakuma, one of the researchers on the forecast study While economic shocks triggered by the COVID-19 pandemic are likely to subside, experts at the Economic Policy Research Center (EPRC), warn that they could continue to set back the human capital development trajectory without a plan of action.
Read MoreEast African GDP Increases To Shss943.4 Trillion After DRC Joins Bloc
EAC Heads of States during the Signing Ceremony of Treaty of Accession by the Democratic Republic of the Congo to the East African Community at State House, Nairobi. PHOTO | PSCU The Democratic Republic of Congo on Monday completed the last and most important step of joining the East African
Read MorePrivate Sector Credit (PSC) growth is expected to decline in the coming months due to the tightening monetary conditions, the Bank of Uganda (BoU) has said in its Monetary Policy Report for July 2022. This after BoU increased its Central Bank Rate (CBR) by one basis point to 8.5 percent
Read MoreWhy President Museveni Appointed Jenifer Bamuturaki As Substantive Uganda Airlines CEO
Uganda Airlines new CEO, Jenifer Bamuturaki President Yoweri Museveni has appointed Jenifer Bamuturaki as the the substantive Chief Executive Officer (CEO) of Uganda Airlines, the country’s growing national carrier. A letter from the Works and Transport Minister, Gen. Edward Katumba Wamala, to the chairperson of the Uganda Airlines Board indicates
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