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Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

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Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

A driver facing serious charges related to the possession of prohibited goods has been granted bail. On September 25, 2024, Hussein Isabirye was released by the Anti Corruption Court in Nakasero, under the authority of Chief Magistrate Joan Aciro. The court set Isabirye’s bail at sh4 million, with

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30 decomposing bodies found in boat off Senegal

30 decomposing bodies found in boat off Senegal

At least 30 decomposing bodies were found in a boat drifting around 70 km (38 nautical miles) off the coast of Senegal's capital Dakar, the military said on Monday. The navy was informed of the boat's presence on Sunday evening and a patrol boat was immediately deployed to the area, the

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Citizen sues govt over proposed Luzira Prison relocation

Citizen sues govt over proposed Luzira Prison relocation

A citizen has sued the government, challenging the alleged move to relocate Luzira Prison to Buikwe District in a bid to pave the way for a commercial investment. Mr Deus Arinaitwe has sued the Attorney General (AG), who is the chief legal adviser of the government, seeking orders and de

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MPs slam CDF Muhoozi on the floor

MPs slam CDF Muhoozi on the floor

The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba's conduct on social media became a subject of debate on the floor of Parliament on Tuesday as opposition MPs called for disciplinary action and a House probe for engaging in partisan politics. The 50-year-old First Son on Saturda

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Political aspirations shattered

Political aspirations shattered

Political pilgrims seeking to enter the Promised Land of elected office have been left wandering in the desolate desert of uncertainty after their guide returned to base. For some of his followers in the Patriotic League of Uganda (PLU), the declaration by Gen Muhoozi Kainerugaba, who is

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South Sudan lawyers challenge the postponement of elections in court

South Sudan lawyers challenge the postponement of elections in court

A group of South Sudanese lawyers filed a case to the country's top court on Monday challenging the president's postponement of elections and extension of the transitional government's term for two years. Ten days ago, President Salva Kiir's office announced an extension of the transitio

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Amolatar Woman MP Hopeful Calls for Unity Ahead of 2026 Elections

Amolatar Woman MP Hopeful Calls for Unity Ahead of 2026 Elections

Hon. Nam Eve, a vibrant youthful female councilor in Amolatar district, has called for unity and reconciliation among supporters of all aspirants ahead of the 2026 general elections. In a statement released on Sunday evening, Nam Eve urged the people of Amolatar to maintain unity and together

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Govt fronts macadamia for poverty alleviation in Busoga

Govt fronts macadamia for poverty alleviation in Busoga

Government has partnered with One Acre Fund (OAF) to front macadamia nuts to farmers as part of poverty alleviation strategies in Busoga Sub-region. Jinja District Production Officer Dr Tom Kasadha says government set aside three strategic commercial crops including Hass avocado, macadam

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