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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

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Police arrest two women over alleged public kissing in Uganda

Police arrest two women over alleged public kissing in Uganda

Two women have been arrested in Uganda over alleged public same-sex conduct under the country’s Anti-Homosexuality Act 2023. Authorities say investigations into their are ongoing while they remain in custodyArua City, Uganda: The Police in Arua City are holding two women in custody follo

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Why Uganda must become a permanent member of BRICS

Why Uganda must become a permanent member of BRICS

If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a

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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

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Geosteady, Hindu Kay Hold Colourful Nikkah Ceremony

Geosteady, Hindu Kay Hold Colourful Nikkah Ceremony

Singer Geosteady and Hindu Kay have today cemented their marriage with a colorful religious Nikah ceremony after several years of being together.After ending his marriage with his baby mama, Prima Kadarshi, real name Prima Ndagire, Geosteady settled down with Hindu Kay, with whom he found

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URA recovers Shs1 billion in fines from smuggled electronics

URA recovers Shs1 billion in fines from smuggled electronics

MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern region.The operation codenamed “You cannot smuggle a phone without paying taxes,” that started three weeks ago, was r

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Rotary District 9213 launches $500,000 Mama Toto programme to support maternal, child health in Uganda

Rotary District 9213 launches $500,000 Mama Toto programme to support maternal, child health in Uganda

Rotary International President Francesco Arezzo, accompanied by his wife Anna Maria, is on a three-day visit focused on service projects and fellowship engagements. Right is Governor Geoffrey Kitakule of Rotary District 9213 and Health Minister, Ruth Acen.Kampala-Rotary District 9213 has l

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Gov’t hands over Shs3.8Bn roads in Nakaseke

Gov’t hands over Shs3.8Bn roads in Nakaseke

Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas

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Insurance players tipped to leverage booming Ugandan economy

Insurance players tipped to leverage booming Ugandan economy

With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to

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Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G

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