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Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.

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Museveni Rallies Ugandans to Vote Wisely

Museveni Rallies Ugandans to Vote Wisely

Museveni Rallies Ugandans to Vote WiselyKyotera — President Yoweri Kaguta Museveni, the National Resistance Movement (NRM) presidential flag bearer for the 2026 general elections, has called on Ugandans to vote wisely, urging them to support leaders and policies that deliver tangible res

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North Korean hackers steal $2 billion in crypto in 2025, remain top global threat

North Korean hackers steal $2 billion in crypto in 2025, remain top global threat

New Delhi, Dec 21 North Korea has emerged as the biggest threat to cryptocurrency security in 2025, even ...North Korean hackers steal $2 billion in crypto in 2025, remain top global threat | North Korean hackers steal $2 billion in crypto in 2025, remain top global threatNew Delhi,

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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Kampala– Government through the Ministry of Trade, Industry and Cooperatives together with the sugar millers in Busoga region have set UGX 125,000 as the minimum price of a ton of sugarcane in the region. This follows an outcry from some sugarcane out-growers in Busoga who have taking home as l

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

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MC Kats announces retirement from TV after 23 years

MC Kats announces retirement from TV after 23 years

Popular media personality Edwin Katamba, better known as MC Kats has called it quits after 23 years as an emcee.Popular media personality Edwin Katamba, better known as MC Kats has called it quits after 23 years as an emcee. The NBS TV star made the announcement on a live televised

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Be vigilant during festive season - Aids commission

Be vigilant during festive season - Aids commission

As Ugandans prepare to celebrate Christmas and usher in the New Year, the Uganda Aids Commission (UAC) has issued a warning against reckless behaviours, saying it could reverse gains made in the fight against HIV/Aids.The UAC Director General, Dr Nelson Musoba, cautioned that while the fes

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Museveni Warns Security Againsy Election Violence; ‘Torture, Beatings are Unnecessary’

Museveni Warns Security Againsy Election Violence; ‘Torture, Beatings are Unnecessary’

President Museveni on Wednesday warned security personnel against using excessive force during elections, saying beatings and torture were unnecessary and avoidable, remarks that come amid long-standing accusations by the opposition that security agencies routinely abuse political supporters.

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Bitcoin’s silent exodus hits crypto as long-time buyers cash out

Bitcoin’s silent exodus hits crypto as long-time buyers cash out

More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor

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