Corruption Fueling Rampant Environmental Destruction, Warns Transparency International

The findings expose that enforcement officers are accepting bribes in the form of money, foodstuffs, and even sexual favors to permit illegal activities in protected areas, including wetlands, forests, and water bodies. A new report by Transparency International Uganda has revealed corruption as a major factor behind environmental degradation and the encroachment on natural resources…

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Roofings Group Celebrates 30th Anniversary with UMA

Founded in 1994, the company is known for its dedication to innovation, sustainability, and supporting Uganda’s industrial growth. Roofings Group, a prominent player in Uganda’s manufacturing industry, is marking a significant milestone by celebrating 30 years of partnership with the Uganda Manufacturers Association (UMA). This dual anniversary recognizes three decades of unwavering commitment to the…

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UPDF Troops Under United Nations Guard Unit Complete Security and Induction Training in Somalia

Uganda People’s Defence Forces (UPDF) troops serving under the United Nations Guard Unit Eleven (UNGU-XI) in Somalia successfully completed Camp Security and Induction Training for the third batch of personnel. The training, designed to enhance the effectiveness of UPDF troops in the complex operational environment of Somalia, focused on equipping personnel with essential security skills…

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Understanding Credit Risk in banking

When people think about banks, they often envision large institutions managing significant sums of money, making investments, and safeguarding savings. However, at the core of their operations, banks primarily focus on one specific type of risk: credit risk. What is Credit Risk? Credit risk refers to the possibility that a borrower will fail to repay…

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