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
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last
Canadian Prime Minister Mark Carney has unveiled his cabinet, promising "decisive action" on his ambitious economic agenda, amid a trade war with the US.The new cabinet of 28 ministers and 10 secretaries of state heralds some significant changes, including a new foreign
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
President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re
The Bishop of Bukedi Diocese, Rev. Samuel Bogere Eggesa, has urged all churches under his jurisdiction to urgently secure and formalise ownership of their land, warning that failure to do so could result in widespread loss to encroachers and land grabbers.Speaking at a landmark ratificatio
The government has unveiled a new digital traffic monitoring system to curb the country’s soaring road accident rates, targeting reckless drivers, unfit vehicles, and impunity on the roads.The initiative, announced by the Ministry of Works and Transport, is part of a broader strategy to
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
MTN Uganda is undertaking a significant nationwide network upgrade initiative aimed at substantially improving the reliability and speed of its voice, data, and mobile money services.This ambitious project seeks to deliver a more seamless and enhanced digital
Opposition politician Hon. Ssemujju Ibrahim Nganda has raised concerns over what he describes as an unexplained delay by the Electoral Commission (EC) in processing the registration of their new political outfit, the People's Front for Freedom (PFF).Speaking on
