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
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
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
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
The Bishop of Bukedi Diocese, Rev. Samuel Bogere Eggesa, has urged all churches under his jurisdiction to urgently secure and formalise ownership of their land, warning that failure to do so could result in widespread loss to encroachers and land grabbers.Speaking at a landmark ratificatio
The government has unveiled a new digital traffic monitoring system to curb the country’s soaring road accident rates, targeting reckless drivers, unfit vehicles, and impunity on the roads.The initiative, announced by the Ministry of Works and Transport, is part of a broader strategy to
As the world reels from unrelenting violence in Gaza, a stalemated war in Ukraine, and worsening instability in South Sudan—despite one of the most dramatic papal interventions in recent history—the College of Cardinals has issued a solemn appeal for peace, urging the global Catholic faithful
Today, May 6, 2025, the life of Rajiv Ruparelia was celebrated as mourners gathered at the family home in Kololo, Uganda, to bid farewell to the young business mogul and rally star, who tragically passed away on May 3 at the age of 35.The somber event was followed by a cremation at the Hin
Private sector operating conditions during April remained encouraging as the headline Stanbic Purchasing Managers’ Index (Stanbic PMI) rose to 55.3, up from the 52.9 recorded for March.Readings above 50.0 signal an improvement in business conditions on the previous month, while readings
Edward Ssebufu, alias Eddie Mutwe—the head of security for NUP leader Robert Kyagulanyi—was on Monday produced at Masaka High Court under heavy security, a week after his alleged abduction by state operatives.Limping, barefoot, and visibly in pain, his condition triggered outrage from
