Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell
MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic
On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g
Minister for General Duties Justine Kasule Lumumba presents the 2025 local government performance assessment results during the National Performance Review Conference at Speke Resort Munyonyo. Lumumba noted that overall service delivery improved to 67.23 percent, with water and sanitation emergin
Residents of Katabalanga village are reeling from shock following the gruesome murder of an 8-year-old boy, allegedly at the hands of his elder brother and a known fugitive.The victim, identified as Ndyanabo Ian, was found dead on Wednesday morning in a bush near his family’s coffee plan
And then there were four. The 2026 Champions League quarter-finals are history and less than a handful on teams remain on the road to Budapest.Paris Saint-Germain, the holders, were first to book their ticket by thrashing Liverpool, coming away from Anfield with a deserved 4-0 victory on a
Lionel Messi has followed in David Beckham's footsteps by buying his very own football club. The Argentine, who is widely considered to be the greatest to ever play the beautiful game, is currently thriving in the twilight stages of his career with Inter Miami.Beckham exercised an option t
WAKISO, Uganda — The government will begin paying teachers based on their daily attendance starting July 1, a radical policy shift aimed at curbing chronic absenteeism in public schools.Under the new reform, only teachers with at least a 95% attendance rate will receive their full monthl
