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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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Uruguay's José Mujica, world's 'poorest president', dies

Uruguay's José Mujica, world's 'poorest president', dies

Former Uruguayan President José Mujica, known as "Pepe", has died at the age of 89.The ex-guerrilla who governed Uruguay from 2010 to 2015 was known as the world's "poorest president" because of his modest lifestyle.Current President Yamandú Orsi announced his pre

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Germany arrests self-declared 'king' and bans his extremist group

Germany arrests self-declared 'king' and bans his extremist group

A self-declared "king" of Germany and three of his senior "subjects" have been arrested and their group banned for attempting to overthrow the state.Peter Fitzek, 59, was among those arrested in morning raids across seven states on Tuesday, which involved about 800 securit

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Tororo Councillors Storm District Offices Over Shs596m Property Tax

Tororo Councillors Storm District Offices Over Shs596m Property Tax

A delegation of angry councillors from Kayoro Sub-county in Tororo District on Monday stormed the district local government offices, demanding urgent action over what they described as persistent tax evasion by major private firms operating in their area.Led by Andrew Opio, the secretary f

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Global Health Milestone: WHO Reports Billions Gaining Access to Better Care, Protection

Global Health Milestone: WHO Reports Billions Gaining Access to Better Care, Protection

The World Health Organization (WHO) has released its 2024–2025 Mid-Term Results Report, revealing unprecedented progress in global health, despite mounting economic and health challenges.The report highlights concrete gains in universal health coverage, health security, and healthier liv

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Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad

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New White Paper Exposes Uganda’s Illicit Alcohol Crisis

New White Paper Exposes Uganda’s Illicit Alcohol Crisis

A newly released white paper by the Coalition Against Illicit Alcohol Uganda (CAIA-UG) in collaboration with Arrow Empirical Research Institute has uncovered a nationwide crisis, painting a sobering picture of the scale, causes, and consequences of illicit alcohol consumption in Uganda.Tit

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New White Paper Exposes Uganda’s Illicit Alcohol Crisis

New White Paper Exposes Uganda’s Illicit Alcohol Crisis

A newly released white paper by the Coalition Against Illicit Alcohol Uganda (CAIA-UG) in collaboration with Arrow Empirical Research Institute has uncovered a nationwide crisis, painting a sobering picture of the scale, causes, and consequences of illicit alcohol consumption in Uganda.Tit

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Museveni Asks Africa to Defend Family Values, Securie Economic Sovereignity

Museveni Asks Africa to Defend Family Values, Securie Economic Sovereignity

President Museveni urged African leaders to firmly resist foreign ideologies that threaten the continent’s familyfoundations and to match this resistance with a determined pursuit of economic and political integration to secure Africa’s future.The president made the remarks

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YY Coaches Faces 30-Day Suspension After Fatal Buikwe Crash

YY Coaches Faces 30-Day Suspension After Fatal Buikwe Crash

The Ministry of Transport has warned that YY Coaches could face a 30-day suspension if investigations confirm that the company’s driver was at fault in the deadly bus crash that occurred along Katosi Road in Buikwe District.The crash, which happened in Makindu village, left three people

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