Business •
14 May '25
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
Business •
14 May '25
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
Business •
14 May '25
Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo
Business •
14 May '25
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
Business •
14 May '25
President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai
Business •
14 May '25
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
Business •
14 May '25
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
Business •
14 May '25
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
Business •
10 May '25
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
Business •
10 May '25
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