Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU
Axios’s account of an expletive-laden phone call between President Trump and Prime Minister Netanyahu has landed at a fraught moment. According to a U.S. official’s summary cited by Axios, Trump told Netanyahu: “You’re fucking crazy. You’d be in prison if it weren’t for me. I’m savi
Police in Kira Division have arrested three suspects believed to be part of a criminal gang known as “BONA BAFU” during a targeted security operation carried out in Agenda within Kira Municipality.The operation took place on 26 May 2026 at around 7:00 p.m. and was conducted by officers
KAMPALA, Uganda — As Uganda marks Martyrs Day on Thursday, churches across the country have intensified Ebola prevention measures following government directives to cancel the national pilgrimage at Namugongo.The annual religious event, traditionally held at Namugongo, attracts millions
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s
More Ugandans are using mobile money, but telecom companies earned less in the first three months of 2026.New figures from the Uganda Communications Commission, using data from Bank of Uganda, show active mobile money users climbed to 36.7 million between January and March.That’s
The Embassy of France in Uganda has officially opened applications for its 2026/2027 Master’s Degree Scholarship Programme, offering fully funded study opportunities for young Ugandan graduates seeking to pursue postgraduate education in France.The scholarship programme targets Ugandan s
Mbarara City – Business operations at Mbarara Central Market were disrupted on Tuesday morning after dozens of vendors arrived to find their shops locked by individuals they did not recognize.The unexpected development left many traders stranded and unable to access their merchandise, ca
Former Gender minister and Uganda Peoples Congress (UPC) stalwart Betty Amongi is among those who were dropped from their ministerial positions in the Cabinet reshuffle that was announced on Tuesday last week. Her dismissal, however, came as a surprise to many people since she was seemingly one o
The Inspector General of Government (IGG) has submitted her investigation report into alleged corruption involving former Speaker of Parliament Anita Among to President Museveni, sources familiar with the inquiry have said.The development marks a significant milestone in the high-profile i
