Search Results

BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

Ultimate Uganda

Everybody hates you now. Everybody hates Israel because of this.”

Everybody hates you now. Everybody hates Israel because of this.”

Axios’s account of an expletive-laden phone call between President Trump and Prime Minister Netanyahu has landed at a fraught moment. According to a U.S. official’s summary cited by Axios, Trump told Netanyahu: “You’re fucking crazy. You’d be in prison if it weren’t for me. I’m savi

Ultimate Uganda

Police Arrest Three Suspected Members of “BONA BAFU” Gang in Kira Operation

Police Arrest Three Suspected Members of “BONA BAFU” Gang in Kira Operation

Police in Kira Division have arrested three suspects believed to be part of a criminal gang known as “BONA BAFU” during a targeted security operation carried out in Agenda within Kira Municipality.The operation took place on 26 May 2026 at around 7:00 p.m. and was conducted by officers

Ultimate Uganda

Three-year-old girl dies after alleged assault by father in Tororo

Three-year-old girl dies after alleged assault by father in Tororo

Preliminary investigations indicate that the child allegedly injured her father on the leg with a slasher while he was asleep in a grass-thatched house, which led to serious bleeding, before he allegedly attacked the child in retaliation.Bukedi South Regional Police spokesperson, Mugwe Joh

Ultimate Uganda

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s

Ultimate Uganda

Govt to save Shs24b in holiday spending cuts

Govt to save Shs24b in holiday spending cuts

The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex

Ultimate Uganda

Speaker budget grows seven times over six years

Speaker budget grows seven times over six years

Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLEThe budget of Parliament has within six years doubled to Shs1.2 trillion, despite the number of elected members of the Ho

Ultimate Uganda

Museveni asked to drop Kataaha from cabinet over incompetence

Museveni asked to drop Kataaha from cabinet over incompetence

The Forum for Democratic Change (FDC) has challenged President Yoweri Museveni to remove his wife, First Lady Janet Kataaha Museveni, from the cabinet, citing poor performance and persistent failures in the country’s education system.Janet Museveni was reappointed Minister of Education a

Ultimate Uganda

Clashes in DR Congo town after deadly incursion

Clashes in DR Congo town after deadly incursion

The mineral-rich region has been plagued by violence for more than 30 years from militias and other armed groups, including the Allied Democratic Forces formed by Ugandan rebels.The ADF, which has pledged allegiance to the Islamic State group, is notorious for extreme violence against civi

Ultimate Uganda

FIFA rush to introduce 'anti-Arsenal law' for the World Cup

FIFA rush to introduce 'anti-Arsenal law' for the World Cup

new rule, dubbed the 'anti-Arsenal law', is to be introduced at the World Cup, with an England goal used as a case study for what officials are looking to cut out.Set pieces have become a huge part of the game - especially in the Premier League - and FIFA and IFAB are looking to crack down

Ultimate Uganda