Tech governance and policy regulation refer to the frameworks, rules and practices that guide the development, deployment and use of technology to ensure it aligns with societal values, laws and …
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EconomicsFinanceLatest NewsNational NewsNews
Did Govt Plan for the Additional 11 Million People Before Approving the Budget?
As governments craft their financial year budgets, they consider various factors, including the country’s population, which is critical for allocating resources equitably and accurately. Without knowing the exact population, it …
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FinanceGlobal NewsLatest NewsNewsRegional News
Africa’s Financial Struggles: IMF Debt Piling up to Catastrophic Levels
Africa is facing a severe financial crisis as the International Monetary Fund (IMF) debt continues to escalate to catastrophic levels. With Egypt topping the list of African countries heavily indebted …
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The Government has been telling Ugandans that the economy has fully recovered from the economic shocks and crises such as COVID-19. This was first announced by Finance Minister, Matia Kasaija …
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As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to …
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AgricultureIndustry & TradeLatest NewsNews
Uganda Coffee Exports Skyrocket to Historic USD 1.14 Billion
Uganda’s coffee exports for the financial year 2023/24 have achieved an unprecedented milestone, reaching an all-time high of USD 1.14 billion. The Uganda Coffee Development Authority (UCDA) reports that these …
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Uganda’s economy has fully recovered from various shocks, crises, and “false alarms” that brought it to its knees, the Finance Ministry has announced. “You recall that when Covid-19 happened, leaders …
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Banking & SavingsFinanceLatest NewsNews
Dfcu Limited Announces 6.8 Billion Shilling Dividend Payout to Shareholders
Dfcu Bank has announced a significant dividend payout, totaling 6.8 billion shillings to its shareholders for the financial year ended December 31, 2023. This announcement was made during the bank’s …
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EnergyGlobal NewsLatest NewsNewsOil & GasRegional News
How Kenya’s $40M Bond Fee Hike At Vitol Terminal Hampers Uganda’s Competitive Fuel Prices Effort
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan …
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Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. In simple terms, it is the science of making machines that can think like humans. …