Search Results

Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act

Ultimate Uganda

DIRTY MONEY WATCHDOG IN THE DOCK! Probe Catches FIA Napping as Illicit Cash Slips Through the Net… Recruitment Chaos, 1,086 Suspicious Reports Ignored, 79% of Cases Stall

DIRTY MONEY WATCHDOG IN THE DOCK! Probe Catches FIA Napping as Illicit Cash Slips Through the Net… Recruitment Chaos, 1,086 Suspicious Reports Ignored, 79% of Cases Stall

For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int

Ultimate Uganda

Uganda: Bar Owner Killed in Alleged Love-Related Fight in Kassanda

Uganda: Bar Owner Killed in Alleged Love-Related Fight in Kassanda

Police in Kassanda District are investigating the death of a 30-year-old bar proprietor who was allegedly killed following a late-night fight linked to a domestic dispute.The deceased, Ivan Ahimbisibwe, owned E-Zone Bar and Lodges located in Lugongwe Trading Centre, Kijuna Subcounty.

Ultimate Uganda

Kampala on Edge as Murders and Street Gangs Fuel Rising Fear

Kampala on Edge as Murders and Street Gangs Fuel Rising Fear

For many residents, the killings are not being viewed as isolated tragedies. They have instead sharpened an anxiety that has been quietly building across the Kampala Metropolitan Area, a sense that violence is creeping closer to spaces once considered safe.In the last two weeks, Greater Ka

Ultimate Uganda

Woman arrested for strangling co-wife to death in Adjumani

Woman arrested for strangling co-wife to death in Adjumani

Police in Adjumani have arrested a 35-year-old woman over the alleged strangulation of her co-wife during a polygamous household dispute as investigations into the fatal domestic violence case continue.Adjumani, Uganda: Police in Adjumani District have arrested a 35-year-old woman over the

Ultimate Uganda

European Entrepreneur Oswal sues top Ugandan security officials over alleged unlawful detention, torture and property seizure

European Entrepreneur Oswal sues top Ugandan security officials over alleged unlawful detention, torture and property seizure

European Entrepreneur Vasundhara OswalKAMPALA – Entrepreneur Vasundhara Oswal has petitioned the High Court of Uganda, accusing senior Ugandan officials of grave constitutional and human rights violations stemming from her arrest and detention in October 2024.The 27-year-old Europ

Ultimate Uganda

EACOP project sparks ongoing battle over land and justice

EACOP project sparks ongoing battle over land and justice

Kampala, Uganda | THE INDEPENDENT | In Arusha, Tanzania, Lubega John Nsamba represented her ailing father, John Mary Nsamba, whose land along the East African Crude Oil Pipeline (EACOP) had been acquired without what the family considered fair compensation.Over a month after his burial nea

Ultimate Uganda

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t

Ultimate Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

KAMPALA: The European Parliament on Thursday adopted a strongly worded resolution condemning Uganda’s post-election environment, calling for the immediate release of opposition figures, an end to internet restrictions, and a review of the European Union’s cooperation with Kampala.In a

Ultimate Uganda

UPC’s Jimmy Akena tells Muhoozi to ‘grow up’

UPC’s Jimmy Akena tells Muhoozi to ‘grow up’

Addressing journalists on Wednesday, Akena sounded off on the army chief and First Son, calling his social media posts “an embarrassment” to all Ugandans Uganda People’s Congress (UPC) president Jimmy Akena publicly chastised Chief of Defence Forces Gen Muhoozi Kainerugaba, urging th

Ultimate Uganda