Search Results

Bank of Uganda Warns Against Using Shilling Notes in Bouquets and Decorative Gifts

Bank of Uganda Warns Against Using Shilling Notes in Bouquets and Decorative Gifts

The Bank of Uganda has issued a strong warning to the public regarding the misuse of Uganda Shilling currency, urging everyone to preserve the integrity of banknotes and coins. The central bank specifically cautioned florists, designers, gifting stylists, and clients against using brand-new bankn

Ultimate Uganda

Inside Uganda’s elections, where goons set the rules

Inside Uganda’s elections, where goons set the rules

On December 7, 2025, Reuters carried a stark headline that rippled across Uganda’s political landscape: “Bobi Wine says Uganda security forces beat him.”The wire story reported that Uganda’s leading opposition figure, Robert Kyagulanyi, popularly known as Bobi Wine, said he was bea

Ultimate Uganda

Government invests UGX1 trillion to expand loan capacity at UDB

Government invests UGX1 trillion to expand loan capacity at UDB

KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj

Ultimate Uganda

Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

Ultimate Uganda

Abitex, Bajjo Face Jail Over Misused SACCO Funds

Abitex, Bajjo Face Jail Over Misused SACCO Funds

Abitex and Bajjo face possible jail after being accused of misusing over UGX 3 billion in government SACCO funds meant to support Ugandan promoters.Abitex, Bajjo Face Jail Over Misused SACCO FundsTop Ugandan events promoters, including Abitex and Bajjo, are facing possible jail time

Ultimate Uganda

Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the lender shifts its strategy to meet revised capital requirements while maintaining core credit and deposit services.KAMPALA

Ultimate Uganda

Museveni remains key to peace in Uganda and the region

Museveni remains key to peace in Uganda and the region

President Yoweri Museveni’s attempts to bring stability and lasting peace back to Uganda are a clear example of his legacy. After the country gained independence in 1962 and struggled to get going for the next two decades, he stepped in and played a key role in putting an end to the bloody wars

Ultimate Uganda

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda.The facility was commissioned by Mbale City De

Ultimate Uganda

UCC Announces Full Restoration of Internet Services Nationwide

UCC Announces Full Restoration of Internet Services Nationwide

The Uganda Communications Commission (UCC) has announced the full restoration of internet services across the country, ending days of restricted access imposed during the recently concluded general elections.In a public notice dated Monday, 26 January 2026, the communications regulator sai

Ultimate Uganda

CDF Muhoozi confirms full restoration of social media after election shutdown

CDF Muhoozi confirms full restoration of social media after election shutdown

CDF Muhoozi Kainerugaba has announced the full restoration of social media in Uganda, ending the phased internet shutdown imposed during the 2026 general elections.Chief of Defence Forces Gen. Muhoozi Kainerugaba during a public appearance. (Photo/Courtesy)Kampala, Uganda: The Chief

Ultimate Uganda