President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Transfer deadline day has arrived and Manchester United have just hours remaining to complete any deals. The Red Devils must finalise any last-minute business by 7pm this evening. Michael Carrick has enjoyed a flawless beginning to life as manager at Old Trafford, with United securing a thrilling
Masaka– Newly elected Bukoto East Member of Parliament Hon. Sarah Babirye Kityo has advised President Yoweri Kaguta Museveni to strengthen the National Resistance Movement’s (NRM) foothold in the Central Region by fostering closer ties with communities through regular consultations and engage
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
Three people have been reported dead in a fatal accident that happened in Buwolya Town council Mayuge district on Wednesday 28th January 2026 at around 5.40pm.Busoga East Regional Police spokesperson, ASP Michael Kasadha said the accident involved a vehicle Mitsubishi Fuso Reg. No. UAR 142
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the lender shifts its strategy to meet revised capital requirements while maintaining core credit and deposit services.KAMPALA
