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
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
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.
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
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
NATIONALNile Breweries Limited (NBL), Uganda’s leading beer manufacturer, is pleased to announce the appointment of Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the position following the untimely passing of Mr. Franci
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
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
The @PoliceUg spokesperson, Kituuma Rusoke, has confirmed that police officers have continued to occupy the home of @NUP_Ug president @HEBobiwine since January 15. Authorities say the presence is due to national security concerns, and no specific end date has been given for the occupation.
Joshua Cheptegei won the men's race at the Burj2Burj Half Marathon in Dubai on Sunday.Ugandan long distance great Joshua Chepetegei added another win to his glittering resume when he claimed the Burj2Burj Half Marathon in Dubai on Sunday but how much did he make?Ugandan legend Joshu
