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BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

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Three-year-old girl dies after alleged assault by father in Tororo

Three-year-old girl dies after alleged assault by father in Tororo

Preliminary investigations indicate that the child allegedly injured her father on the leg with a slasher while he was asleep in a grass-thatched house, which led to serious bleeding, before he allegedly attacked the child in retaliation.Bukedi South Regional Police spokesperson, Mugwe Joh

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BUSHENYI SHOCKER: Woman Killed, Two Injured in Brutal Machete Attack as Police Hunt Suspect

BUSHENYI SHOCKER: Woman Killed, Two Injured in Brutal Machete Attack as Police Hunt Suspect

BUSHENYI, Uganda — Police in Bushenyi District have launched a manhunt for an unidentified assailant following a brutal machete attack that left one woman dead and two others seriously injured over the weekend.The deceased has been identified as Bamucungura Edisa, 64, who succumbed to he

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Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s

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Why Jose Chameleone Is Forever Grateful to Bebe Cool and Redsan

Why Jose Chameleone Is Forever Grateful to Bebe Cool and Redsan

the vibrant history of East African music, few stories capture the true spirit of brotherhood, struggle, and gratitude as powerfully as that of Ugandan legend Jose Chameleone. Known affectionately as the “Bus Corridor King,” Chameleone rose from humble beginnings to become one of the most inf

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Fort-portal city suspend weekly markets over Ebola

Fort-portal city suspend weekly markets over Ebola

Authorities in Fort Portal City have suspended the operation of weekly markets until further notice as part of measures to prevent the spread of Ebola Virus Disease.The suspension which takes immediate effect was announced following a meeting of the city Ebola task force yesterday.W

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Speaker budget grows seven times over six years

Speaker budget grows seven times over six years

Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLEThe budget of Parliament has within six years doubled to Shs1.2 trillion, despite the number of elected members of the Ho

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UCC Report: Mobile Money active users hit 36.7 million as Ugandans transact Shs2.37 billion in three months

UCC Report: Mobile Money active users hit 36.7 million as Ugandans transact Shs2.37 billion in three months

More Ugandans are using mobile money, but telecom companies earned less in the first three months of 2026.New figures from the Uganda Communications Commission, using data from Bank of Uganda, show active mobile money users climbed to 36.7 million between January and March.That’s

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France Opens Applications for Fully Funded Master’s Scholarships for Ugandan Students

France Opens Applications for Fully Funded Master’s Scholarships for Ugandan Students

The Embassy of France in Uganda has officially opened applications for its 2026/2027 Master’s Degree Scholarship Programme, offering fully funded study opportunities for young Ugandan graduates seeking to pursue postgraduate education in France.The scholarship programme targets Ugandan s

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Chaos at Mbarara Central Market as Vendors Find Shops Locked by Unknown Individuals

Chaos at Mbarara Central Market as Vendors Find Shops Locked by Unknown Individuals

Mbarara City – Business operations at Mbarara Central Market were disrupted on Tuesday morning after dozens of vendors arrived to find their shops locked by individuals they did not recognize.The unexpected development left many traders stranded and unable to access their merchandise, ca

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