public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. Whether it is railways, roads or hydro-dams, Mr Museveni specifies an expected drop in haulage costs, the internal rate of retu
The new scheme, introduced by the Agencia de Recaudación y Control Aduanero (ARCA) replaces the previous paper-based process with an end-to-end digital platform aimed at reducing bureaucracy, speeding up refunds and improving transaction traceability.Under the new system, foreign tourists
The High Court has dismissed an application filed by Henry Banyenzaki, a former minister and MP, over a disagreement he has with Tropical Bank regarding a loan facility he took in 2013.Justice Patience Rubagumya said the legal procedure (of originating summons) that Banyenzaki was using to
Security experts are warning that inadequate investment in kidnapping investigation skills has left law enforcement agencies exposed, fueling public anxiety as kidnapping cases continue to rise in Uganda. Kampala Metropolitan Police have recorded three high-profile kidnappings over the past two m
The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
The heightened demand for portions of Kaunda Grounds and neighbouring Green Valley by several developers could cost Gulu City its Shs6 billion greening project, the Monitor has learnt.Mr Alfred Okello, the Gulu City Landscape Officer, expressed fears that the city administration could lose
If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordinary Ugandans who are either receiving money from a relative abroad, running a small business, or simply trying to save, that d
Jane Atuhairwe (C), Branch Business Manager at Pearl Bank, Jinja Branch, Dr. Cissy Kityo (2nd L), Executive Director, JCRC, together with teams from Pearl Bank and Joint Clinic Research Centre in Jinja today, in commemoration of World Sickle Cell Day, which also doubled as the regional Bone Marro
The Church of Uganda Mothers Union has welcomed a High Court arbitration ruling that resolves a long-standing dispute with a contractor, clearing the way for the resumption of construction of its multi-billion-shilling Mothers’ Union House project in Kampala.Jubilation has swept through
