Search Results

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest

Ultimate Uganda

Slogans Of Unity, Politics Of Division: Why Coalitions Matter Now

Slogans Of Unity, Politics Of Division: Why Coalitions Matter Now

In modern politics, no single party can govern effectively in isolation. From Germany’s long-standing grand coalitions to Kenya’s broad-based alliances, fragmented electorates and diverse societies have made negotiation, compromise, and strategic partnerships not only necessary but essential.

Ultimate Uganda

Kira Road Police Admit Gaps in School Outreach, Shift Focus to Prevention

Kira Road Police Admit Gaps in School Outreach, Shift Focus to Prevention

Kira Road Police Division has acknowledged significant gaps in its school outreach programmes, revealing that several secondary schools within its jurisdiction have never been reached by community policing initiatives.Divisional Police Commander Suubi Sam said the revelation has prompted a

Ultimate Uganda

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

Ultimate Uganda

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l

Ultimate Uganda

Ugandan online rally to support girl filmed riding bicycle to school in heavy downpour

Ugandan online rally to support girl filmed riding bicycle to school in heavy downpour

A viral video of a schoolgirl cycling through heavy rain in Kabale has sparked a nationwide fundraising effort and calls for support.A section of Ugandans on social media this weekend started a push. A young schoolgirl who was filmed cycling through traffic in heavy rain. The clip,

Ultimate Uganda

Persis Namuganza: All You Need to Know About Museveni’s Maverick Minister Seeking to Drag Speaker Among Back to Bukedea

Persis Namuganza: All You Need to Know About Museveni’s Maverick Minister Seeking to Drag Speaker Among Back to Bukedea

Persis Princess Namuganza’s political journey is a saga of resilience and ambition, a tale that begins in the humble villages of Namutumba where she was born in 1984 and stretches into the grand chambers of Uganda’s Parliament where she now seeks to ascend to the coveted seat of Speaker. Her

Ultimate Uganda

Donald Trump considers limited strikes on Iran after talks collapse: Report

Donald Trump considers limited strikes on Iran after talks collapse: Report

President Donald Trump speaks with reporters at Joint Base Andrews, Md., Sunday, April 12, 2026, after he returned from Miami. (AP Photo)US President Donald Trump is considering limited military strikes on Iran alongside a naval blockade of the Strait of Hormuz, as his administration looks

Ultimate Uganda

Gen Sejusa: Parliament is the Dining Room Where Eaters Gather, Not NRM’s Bedroom

Gen Sejusa: Parliament is the Dining Room Where Eaters Gather, Not NRM’s Bedroom

KAMPALA & KYANKWANZI – UGANDA — A sharp exchange among senior political figures has ignited fresh debate over power and the future leadership of Uganda’s Parliament, with Justice Minister Norbert Mao leading the initial criticism of Speaker Anita Among before a stinging intervention by

Ultimate Uganda

Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac

Ultimate Uganda