Business •
14 May '25
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Business •
14 May '25
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last
Business •
14 May '25
Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo
Business •
14 May '25
Let me take you back to a conversation I overheard between two Taxi commuters in Kampala not long ago. Two passengers, clearly regulars on the route, were swapping war stories of traffic, transport costs, and landlords.One said, “Eh, I pay Shs300,000 rent in Seeta, but every day I lose t
Business •
14 May '25
Canadian Prime Minister Mark Carney has unveiled his cabinet, promising "decisive action" on his ambitious economic agenda, amid a trade war with the US.The new cabinet of 28 ministers and 10 secretaries of state heralds some significant changes, including a new foreign
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14 May '25
Zambia's foreign minister has warned diplomats against interfering in the country's affairs, days after the US ambassador raised concerns about the "systematic theft" of drugs donated to the southern African state.Mulambo Haimbe said there was an "increasing tendency" by e
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14 May '25
Former Uruguayan President José Mujica, known as "Pepe", has died at the age of 89.The ex-guerrilla who governed Uruguay from 2010 to 2015 was known as the world's "poorest president" because of his modest lifestyle.Current President Yamandú Orsi announced his pre
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14 May '25
President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re
Business •
14 May '25
The High Court in Kampala on Tuesday played chilling Crime Scene Reconstruction videos recorded at the residence of the late businessman Henry Katanga, revealing graphic testimony from a nurse who first attended to Molly Katanga after the fatal incident that left her husband dead.The foota
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14 May '25
A contentious 143-page bill, the UPDF (Amendment) Bill, 2025, is set to be tabled in the Ugandan parliament today by Minister of Defence and Veteran Affairs, Jacob Oboth Oboth, triggering a wave of concern over potential civilian trials in military courts.The bill, a sweeping overhaul of t