November 21, 2024
Economy

The Rise of Lotteries in Uganda: A Game of Chance and National Development

While Uganda may not have the same long-standing cultural ties to lotteries as countries like Brazil with their famous Jogo do Bicho, lotteries in Uganda are growing in popularity. In recent years, the Uganda National Lottery has emerged as a key player, not only in providing entertainment but also in funding crucial public projects. Operated

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Sport

Odeke: Power short-handed and weaker than last season

During their victory over Kampala Rockets Wednesday night, Dmark Power faced a challenging situation when Philip Ameny sustained an injury while contesting for a rebound. Despite his visible pain, Ameny continued to play as the five-time champions aimed to secure their second win of the season. Ameny contributed 13 points, nine rebounds, and seven assists

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News

Nabbanja directs women’s council to fight illegal school charges

Prime Minister Robinah Nabbanja has instructed representatives of the National Women’s Council (NWC) to combat illegal fees levied in public schools. Nabbanja emphasized that these unauthorized charges contribute significantly to the chronic issue of school dropouts prevalent in the country. “We usually enroll about 10 million students in Primary One, yet the completion rate is

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Sport

Rejected warder Omedi back with Prison break attempt

Denis Omedi, the 10-goal hero for Kitara, is set to return to Luzira Prison Grounds on Friday, aiming to settle scores with Maroons, the team that rejected him in the early stages of his career. As the StarTimes Uganda Premier League leaders seek to maintain their lead over immediate challengers Bul, Omedi will be on

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News

Over 100,000 pass senior six exams – Uneb

A remarkable achievement unfolded as 108,492 out of 109,488 students who participated in the 2023 Uganda Advanced Certificate of Examinations (UACE) passed, signaling a higher percentage of eligibility for admission into universities and tertiary institutions, as reported by the Uganda National Examinations Board (Uneb). Among the successful candidates, 52,452 attained 3 Principal passes, 28,191 secured

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News

‘Joe Walker’  completes 300km road safety walk

Joseph Beyanga, also known as Joe Walker, completed an extraordinary road safety walk from Kampala to Fort Portal, covering over 300 kilometers. Accompanied by his wife, Carol Byeyanga, and a group of Uganda Pentecostal University students, they embarked on this journey on February 26. Upon their arrival in Fort Portal City, they were greeted with

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News

Court grants bail to 5 Post Bank staff accused of stealing Shs138m

The Chief Magistrate’s Court granted bail to five Post Bank Uganda employees accused of stealing Shs138 million from the bank’s Arua City branch. The five individuals appeared before Chief Magistrate Paul Matyama, facing charges of theft of Shs138 million and conspiracy to steal Shs38 million between May and December 2023. They all pleaded not guilty

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News

Three dead in Koboko road crash

Three individuals lost their lives in a traffic accident that also left four others severely injured on the Koboko-Oraba Highway in Koboko District. An eyewitness reported that the driver was traveling at a high speed when he lost control and collided with a pavement. “The vehicle overtook me at a high speed, and shortly afterward,

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Business

Weakening shilling could push inflation above 5% target by July, says Bank of Uganda  

The recent depreciation of the shilling against the dollar has led to increased inflationary pressures. Bank of Uganda stated that this may cause inflation to exceed the 5 percent target in the second half of 2024. The shilling has been depreciating since November last year, with a sharp decline in February prompting Bank of Uganda

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Business

No country has developed because of too much borrowing, says Ggoobi

Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance, emphasized that excessive borrowing doesn’t lead to development. He stated that in the 2024/25 financial year, the government will prioritize saving and increasing revenue to address challenges, especially those stemming from commercial loans. During a workshop in Munyonyo, Kampala, discussing

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