Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
Atletico Madrid stunned Copa del Rey holder and La Liga leader Barcelona in the first leg of their Copa del Rey semifinal on Thursday.An own goal and strikes from Antoine Griezmann, Ademola Lookman and Julian Alvarez gave Atletico a 4-0 advantage to take into the return leg at the Camp Nou
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Musician Lydia Jazmine has always kept her romantic life away from the public eye, often avoiding discussions about her relationships in the media.However, the singer has now opened up about why she decided to dump her former boyfriend, revealing that the man was simply not serious about t
WAKISO, Uganda — A major milestone has been achieved in the transformation of trade infrastructure in Wakiso District following the official signing of multi-billion shilling contracts for the construction of selected modern markets.In a ceremony marked by optimism and commitment to serv
Manchester United captain, Bruno Fernandes, has gone past Cristiano Ronaldo and become the second player in the club’s history to reach 200 goal contributions. He achieved the feat faster than the 41-year-old.In the game against Tottenham, Fernandes scored his 104th goal for the Red Devi
The Minister of Information and Communication Technology and National Guidance, Dr Chris Baryomunsi, has called on banks in Uganda to embrace modern technology to enhance efficiency and improve service delivery to customers.Dr Baryomunsi made the remarks while speaking at the National Lead
Celebrating his 41st birthday on February 5, Cristiano Ronaldo remains a global football icon. Since his 2003 debut for Portugal, Ronaldo has built a legendary career, winning as many as five Ballon d'Or awards and scoring over 960 goals during stints with Manchester United, Real Madrid, Juventus
KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
