The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest
In modern politics, no single party can govern effectively in isolation. From Germany’s long-standing grand coalitions to Kenya’s broad-based alliances, fragmented electorates and diverse societies have made negotiation, compromise, and strategic partnerships not only necessary but essential.
MONTREUX, Switzerland: The government of the Democratic Republic of Congo and the Alliance Fleuve Congo/March 23 (AFC/M23) rebel group announced on Saturday they had made “substantial progress” toward a protocol on humanitarian access and judicial protection, committing to rapid aid deliverie
The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic content, welcoming a move that would see the rate rise from Shs1,700 to Shs3,500 per litre.Juliet Namukasa, the chairperson
Parliament has rejected a proposal by the Ministry of Energy and Mineral Development to allocate an additional 300 billion Shillings for rural electrification in the 2026/27 financial year.Presenting the report of the Committee on Natural Resources, Soroti East MP Herbert Ariko urged the g
President Museveni has issued a strong warning against corruption particularly in government programs aimed at improving household incomes.Addressing thousands of jubilant supporters at Lango College Grounds on Saturday, Museveni emphasized the need to ensure that government poverty allevi
Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report
KAMPALA — A sudden withdrawal of donor funds has pushed Uganda and its development partners to confront a difficult reality: the era of relying heavily on external aid is becoming increasingly uncertain.The shift comes into sharper focus as the Kampala Geopolitics Conference 2026 opened
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
Phaneroo Ministries International has dismissed social media reports alleging it is embroiled in a land dispute with the Uganda Heart Institute, labeling the claims as false, misleading, and based on a misrepresentation of facts.In a statement issued on April 16, 2026, the ministry respond
