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
LONDON, UK | Xinhua | Manchester City closed Arsenal’s lead at the top of the Premier League to just two points ahead of Sunday’s North-London derby with a hard-fought 2-1 win at home to Newcastle United.Nico O’Reilly put Manchester City ahead in the 14th minute with a fizzing low sh
The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp
Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas
The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.
Nelson Kabanda, who is spearheading the registration of the affected traders, said they had been surviving on their own, but that is now impossible since the fire did not spare any businesses. Kabanda explained that furniture traders even lost the equipment used for processing timber.More
A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s
Former Crystal Palace manager, Alan Pardew, has said Liverpool will stop Arsenal’s quadruple dream this season.Pardew has insisted Mikel Arteta’s men will not lift the Champions League trophy.He was reacting to the Gunners’ 4-0 thrashing of Wigan Athletic in the FA Cup fourth
President Museveni has strongly defended the use of Biometric Voter Verification (BVV) machines in the recently concluded elections, arguing that the technology curtailed electoral fraud and strengthened transparency, while framing the broader vote within the National Resistance Movement's histor
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
