Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than
The Ministry of Ministry of Finance, Planning and Economic Development (MoFPED) has released data indicating a positive economic outlook for the month of October, 2025 as compared to the previous month.The Ministry says that in October 2025, the Shilling appreciated by 1.3 percent to an av
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
President Yoweri Kaguta Museveni has warned that continued resistance by coastal East African states to Uganda’s desire for unhindered access to the Indian Ocean could lead to conflict.Speaking on Sunday, Museveni expressed frustration with what he called the “selfish mindset” of som
Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the flow of economic data and boost bets for further interest rate cuts.Gold rose for a fifth straight session on Thursday t
Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
The President expressed frustration over what he termed the “selfish mindset” of some coastal nations, saying that oceans and ports should serve the entire continent.Mbale, Uganda: President Yoweri Kaguta Museveni has warned that Uganda and other landlocked African countries could face
Are you thinking about retiring? Don't make the move without knowing these answers.Retiring is something many workers look forward to for a long time.You don't want to just jump into it, though. Otherwise, you could end up creating a difficult financial situation for yourself, or yo
Kampala – In the span of just over two months, five senior Uganda Police Force (UPF) officers have met untimely ends, sparking whispers of a curse on the force and urgent calls for transparency. From mysterious collapses to brutal attacks, the deaths of these dedicated servants of the law raise
Since Russia’s invasion of Ukraine in 2022, a growing number of Eastern Europeans - particularly Poles - have been buying homes on the Spanish mainland and the Balearic Islands, according to new property data. Figures from Spain’s College of Registrars show that Poles are increasingly favouri
