David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20
Kigezi Police publicist Elly MaatePolice in Rubanda District have launched a manhunt for seven suspects who escaped from Rubanda Central Police Station after overpowering a cell guard on Saturday afternoon.Kigezi Regional Police Spokesperson Elly Maate said the incident occurred on
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban
The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for Supervision
A 31-year-old man has been arrested by the police in Yumbe on allegations of defiling his one-year-and-nine-month-old niece.The suspect, Hamid, a resident of Leinga Central Cell in Barakala Town, Yumbe district, was arrested after the child’s guardian returned home on Sunday, November 16
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on traders and investors alike.Changing tariffs, shifting monetary policies, and persistent tensions are weighing on s
Granit Xhaka has been linked with a stunning January move to Juventus just six months after joining Sunderland, with Italian reports claiming the midfielder is “back in fashion” for the Serie A giants. His entourage is said to be open to offers, but it has been reported in England that Sunder
Police has arrested 32 National Unity Platform, (NUP) supporters in Arua City for allegedly throwing stones at Police Vehicles damaging them in the process.The arrests follow a scuffle that ensued between NUP supporters and Police on Wednesday, 19th November, 2025 after the Party’s flagb
ENTEBBE – The Petroleum Authority of Uganda (PAU) is marking ten years of regulating the country’s oil and gas sector, a milestone that Executive Director Earnest Rubondo describes as a decade of steady growth, institutional strengthening and careful stewardship of Uganda’s petroleum resour
