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Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act

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Uganda: Museveni Enacts Major Housing and Construction Reforms

Uganda: Museveni Enacts Major Housing and Construction Reforms

President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence

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EXCLUSIVE! After Nameere’s win, NUP’s Namutaawe also faces court drama in District Woman MP result

EXCLUSIVE! After Nameere’s win, NUP’s Namutaawe also faces court drama in District Woman MP result

Insider sources allege a quiet legal consultations aimed at challenging Joan Namutaawe’s Masaka District Woman MP election victory, though no petition has yet been filed.A photo collage of Masaka District Woman MP-elect Joan Namutaawe (NUP) and NRM candidate Joanita Nalule, whose closely

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In The Achieves: When President Museveni Explained What Impressed Him To Name Babalanda to His Cabinet

In The Achieves: When President Museveni Explained What Impressed Him To Name Babalanda to His Cabinet

The corridors of power in Uganda have often been filled with whispers, rivalries, and the subtle tug-of-war for influence. Yet, amid the noise, President Yoweri Kaguta Museveni has always shown a remarkable ability to single out individuals whose inner fire and resilience speak louder than the ch

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EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

KAMPALA: The European Parliament on Thursday adopted a strongly worded resolution condemning Uganda’s post-election environment, calling for the immediate release of opposition figures, an end to internet restrictions, and a review of the European Union’s cooperation with Kampala.In a

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Mao vs Among: Inside the battle for Uganda’s 12th speakership

Mao vs Among: Inside the battle for Uganda’s 12th speakership

The race for the Speakership of Uganda’s 12th Parliament has exposed a quiet but consequential struggle inside the ruling National Resistance Movement (NRM), with incumbent Speaker Anita Among emerging as both the symbol and beneficiary of a rapidly closing party consensus.When Norbert M

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Wakiso seals UGX 43.8 billion deal to redevelop central and Kawuku markets

Wakiso seals UGX 43.8 billion deal to redevelop central and Kawuku markets

WAKISO, Uganda — A major milestone has been achieved in the transformation of trade infrastructure in Wakiso District following the official signing of multi-billion shilling contracts for the construction of selected modern markets.In a ceremony marked by optimism and commitment to serv

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MILLY BABALANDA: Why President Museveni’s Outreach to the Opposition Strengthens Uganda’s Democracy

MILLY BABALANDA: Why President Museveni’s Outreach to the Opposition Strengthens Uganda’s Democracy

Moments following national elections often test the strength of a country’s political institutions and the maturity of its leadership. Emotions can run high, divisions may deepen, and mistrust can easily obscure national purpose. It is precisely at such moments that leadership anchored in wisdo

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Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.

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INCOMPETENCE OR SABOTAGE? Sh53bn Karamoja Valley Dams, Tanks Turn into Mud Pits Under Ministry of Water Negligence

INCOMPETENCE OR SABOTAGE? Sh53bn Karamoja Valley Dams, Tanks Turn into Mud Pits Under Ministry of Water Negligence

A shocking Auditor General’s report has exposed deep rot, negligence and sheer incompetence at the Ministry of Water and Environment, after billions of shillings meant to save Karamoja from chronic water shortages were blown on valley tanks and dams that are now choked with silt, broken down or

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