Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban
The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for Supervision
Dancehall star Ziza Bafana has taken a sharp jab at Masaka businessman Emmanuel ‘Acram’ Lwasa, saying the financial turmoil he is currently facing is only the start of his suffering. According to Bafana, nothing Lwasa is going through should come as a surprise.“The trouble he is faci
A 31-year-old man has been arrested by the police in Yumbe on allegations of defiling his one-year-and-nine-month-old niece.The suspect, Hamid, a resident of Leinga Central Cell in Barakala Town, Yumbe district, was arrested after the child’s guardian returned home on Sunday, November 16
Kampala – Music industry circles were abuzz over the weekend following reports that Roger Lubega, the longtime former manager of Ugandan singer Spice Diana, was allegedly arrested under unclear circumstances. The arrest comes months after the two reportedly ended their working relationship afte
The four-day music and culture spectacle will run through to Sunday, 23rd November, promising thousands of attendees an elevated experience.The 10th edition of the Nyege Nyege Festival kicks off today, Thursday at Adrift Uganda, on Kalagala Falls.The four-day music and culture spect
The bitcoin price has crashed below $91,500, deepening a selloff that’s erased all of its gains for the year. Traders are now positioning for more pain.Bitcoin is in free fall—and traders are positioning for more pain.The Fed and AI bubble talk are two major headwinds for crypto
Thousands of people took to the streets of Mexico City to protest rising crime, corruption and impunity in a demonstration organised by members of Gen Z, which ultimately drew substantial support from older backers of opposition parties. The protest, however, ended in violence, leaving scores inj
Dodoma – President Samia Suluhu Hassan has named Dr. Mwigulu Nchemba, her long-serving former Finance Minister, as Tanzania’s new Prime Minister.The appointment, ratified by parliament in a near-unanimous vote on Thursday, 2025, comes just weeks after Hassan’s landslide victory in th
Government has moved to raise salaries of Resident District Commissioners (RDCs) to Shs9million from the current 2.2 million shillings per month.Uganda currently has a total of 146 Residents District Commissioners, 163 Deputies and about 300 of their Assistants serving across the various d
