-
2 months ago | 
kfm.co.ug | Moses Ndhaye
The government of uganda is yet to determine the fate of nearly 7,000 students who did not pass the 2024 Uganda Certificate of Education (UCE) exams. Dr. Kedrace Turyagyenda, Permanent Secretary of the Ministry of Education and Sports, said the ministry is still addressing the issue and will announce its decision in due course. “The process has started but it has not ended. For government issues to come out to the general public, we would have gone through a number of stages for approval.
-
Dec 11, 2024 | 
kfm.co.ug | Moses Ndhaye
The government of Uganda has expressed concern over the continued rise in new HIV/AIDS infections, warning that it could hinder the country’s economic growth. Dr. Robert Mutumba, Assistant Commissioner at the Ministry of Health, revealed that the government currently spends over 115 million US dollars annually on care and treatment for people living with HIV/AIDS.
-
Dec 4, 2024 | 
kfm.co.ug | Moses Ndhaye
A new report on budgeting for peace released by the Forum for Women in Democracy (FOWODE) has revealed that Uganda incurs substantial economic losses due to gender-based violence (GBV). The country loses an estimated Shs31 trillion annually as a result of the socio-economic impact of violence against women and girls. The report indicates that these costs arise as individuals and households divert their hard-earned income to cover expenses related to post-violence services.
-
Nov 19, 2024 | 
kfm.co.ug | Moses Ndhaye
A dispute has erupted within the ruling National Resistance Movement (NRM) party after a section of members filed a lawsuit... Mr. Fred Tukahirwa, the principal of the Aga Khan Education Service in Uganda, has urged parents to involve their children... The Minister of Finance, Planning, and Economic Development, Mr. Matia Kasaija, has announced an 11.5% interest rate for savers for...
-
Nov 19, 2024 | 
kfm.co.ug | Moses Ndhaye
A dispute has erupted within the ruling National Resistance Movement (NRM) party after a section of members filed a lawsuit against their leaders, alleging failure to hold internal elections, a critical requirement under both the NRM Constitution and the Ugandan Constitution.
-
Nov 8, 2024 | 
kfm.co.ug | Moses Ndhaye
MTN Uganda has announced a 29.6% year-on-year increase in profit after tax, totaling Shs 459.4 billion for the nine months in 2024,The growth was largely attributed to exceptional performance in MTN Uganda’s data and fintech segments, aligned with the company’s commitment to digital and financial inclusion in Uganda. Service revenue grew by 20.1% year-on-year, reaching Shs 2.31 trillion, with strong gains in data (up 30.1%) and fintech services (up 23.5%).
-
Oct 31, 2024 | 
monitor.co.ug | Moses Ndhaye
What you need to know:The Managing Director of d.light Uganda, one of the companies going to extend the services to the community Mr. Dauglas Gavala said, the signing of this contract has been long overdue and it’s going to impact the community, especially in the herd-to-reach areas. The government has injected $110 million (about Shs407 billion) to increase the use of renewable energy technologies by reducing the price of off-grid solar systems for the community.
-
Sep 29, 2024 | 
kfm.co.ug | Moses Ndhaye
Mr. Fred Tukahirwa, the principal of the Aga Khan Education Service in Uganda, has urged parents to involve their children in business to help develop their entrepreneurial skills. He noted that many individuals run their businesses single-handedly without involving their children. As a result, when they are no longer around, the children struggle to manage these businesses, leading to their eventual collapse.
-
Sep 25, 2024 | 
kfm.co.ug | Moses Ndhaye
The Minister of Finance, Planning, and Economic Development, Mr. Matia Kasaija, has announced an 11.5% interest rate for savers for the 2023/24 financial year. The minister made the announcement during the 12th Annual Members’ Meeting on Thursday at the Serena Hotel in Kampala. He stated that two trillion shillings would be credited to savers’ accounts. Last year, the fund paid a 10% interest to its members. He also noted that the fund experienced a 19.2% growth in the financial year ending 2023/24.
-
Sep 25, 2024 | 
kfm.co.ug | Moses Ndhaye
Finance Minister, Matia Kasaija is set to declare the National Social Security Fund (NSSF) interest rate for the Financial Year 2023/2024. The announcement is expected to be made on Thursday during the NSSF Annual Members’ Meeting that will be held at the Kampala Serena Hotel to among other things; review the Fund’s audited accounts and performance for the past financial year.
