When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve
Former Energy Minister Daudi Migereko takes over as chairman of the Uganda Railways Corp. board, facing the challenge of reviving a national asset plagued by decades of decay and land grabbing.KAMPALA, Uganda — Former Energy Minister Daudi Migereko has taken over as chairman of the Ugand
With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h
Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic
Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden
BVVK (Biometric Voter Verification Kit) is transforming the way elections are conducted in remote and hard-to-reach areas. Designed to operate efficiently even in places without reliable electricity, the BVVK has become a vital tool for ensuring seamless voter identification and verification. Wit
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
As Mityana District prepares for the next parliamentary elections, a strong case is emerging for Judith Nabakooba to reclaim her position as Woman Member of Parliament. Her track record in public service, spanning law enforcement, legislative leadership, ministerial reforms, and community
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images
