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Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru

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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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Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

At least 20 students from underprivileged backgrounds are set to benefit from scholarships worth Shs 3.85 billion to pursue science and technology degree programmes at leading universities in Uganda.The scholarships are being offered under the Airtel Africa Foundation Tech Fellowship, a ne

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UWA Defends UGX10Bn Helicopter Plan as James Musinguzi Explains Bigger Conservation Strategy

UWA Defends UGX10Bn Helicopter Plan as James Musinguzi Explains Bigger Conservation Strategy

The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost and sustainability of the proposal.But according to UWA Executive Director James Musinguzi, the helicopter is not a luxur

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UPDF Flags Off United Nations Guard Unit Ahead of Somalia Deployment

UPDF Flags Off United Nations Guard Unit Ahead of Somalia Deployment

The Uganda Peoples’ Defence Forces (UPDF) has officially flagged-off the United Nations Guard Unit (UNGU) XII, which is set to deploy to Somalia for peace support operations. The ceremony took place at the International Peace and Support Training Center (IPSO-TC) in Ssingo.Addressing the

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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

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Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Peter MukuruKAMPALA, Uganda — The Uganda Development Bank (UDB) has announced the appointment of Peter Mukuru as Director of Business Technology and Member of the Executive Committee, strengthening the Bank’s leadership as it accelerates its digital transformation agenda.Mukuru

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Government confirms salary hike for arts teachers in next financial year

Government confirms salary hike for arts teachers in next financial year

KAMPALA, Uganda — Secondary school arts teachers on the government payroll will receive a 25 percent salary increase starting in July, officials said this week.The pay raise, which covers the 2026-2027 financial year, is part of a phased plan to address long-standing wage gaps between sc

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Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Thomas MukoyaKAMPALA, Feb 20 (Reuters) – Uganda raised its projected public spending for the 2026/2027 financial year by 12.7% to 78.2 trillion shillings ($21.78 billion), up from an earlier estimate of 69.4 trillion shillings, the finance ministry announced on Friday.In a post on

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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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