Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden
In an unprecedented turn of events that has left Kyotera buzzing, President Yoweri Museveni has lavished praise on two of the National Resistance Movement’s (NRM) most powerful figures—Haruna Kasolo and Patrick Kintu Kisekulo—who, despite their bitter rivalry, have united in a groundbreakin
Apostle Lilian Kumah, widow of the late Ejisu Member of Parliament and Deputy Minister of Finance, Dr John Ampontuah Kumah, has remarried a year after the legislator’s death.Confirmation of the development emerged through a thanksgiving message circulated on social media following her en
As Mityana District prepares for the next parliamentary elections, a strong case is emerging for Judith Nabakooba to reclaim her position as Woman Member of Parliament. Her track record in public service, spanning law enforcement, legislative leadership, ministerial reforms, and community
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor
Uganda projects 10.4% economic growth in FY2026/27independent.co.ug44minKAMPALA, UGANDA | Xinhua | Uganda’s economy is forecast to expand by 10.4 percent by the end of the 2026/2027 financial year, up from an estimated 6.6 percent at the end of the 2025/2026 financial year.
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images
The daughter of former minister Nsaba Buturo has passed on, drawing condolences from political, corporate and social circles across the country.Racheal Ainembabazi Buturo, a Marketing Assistant at Housing Finance Bank, died recently, according to an official statement released by the bankâ
