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Cabinet Vetting: Minister Nyamutoro challenged by MPs on Minerals sector

Cabinet Vetting: Minister Nyamutoro challenged by MPs on Minerals sector

Nyamutoro appeared before the committee on Tuesday as Parliament concluded the vetting of President Museveni's new Cabinet appointees.State Minister for Minerals Development Fiona Nyamutoro has said members of Parliament's Appointments Committee challenged her about the targets set of her

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Fish farming emerges as new weapon against poverty in Kibuku

Fish farming emerges as new weapon against poverty in Kibuku

For decades, crop farming has been the backbone of livelihoods in Kibuku District. Yet unpredictable weather patterns, declining soil fertility, pests and fluctuating market prices have continued to frustrate farmers, leaving many households struggling to escape poverty.Now agricultural ex

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BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

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Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s

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Why Jose Chameleone Is Forever Grateful to Bebe Cool and Redsan

Why Jose Chameleone Is Forever Grateful to Bebe Cool and Redsan

the vibrant history of East African music, few stories capture the true spirit of brotherhood, struggle, and gratitude as powerfully as that of Ugandan legend Jose Chameleone. Known affectionately as the “Bus Corridor King,” Chameleone rose from humble beginnings to become one of the most inf

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Govt to save Shs24b in holiday spending cuts

Govt to save Shs24b in holiday spending cuts

The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex

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France Opens Applications for Fully Funded Master’s Scholarships for Ugandan Students

France Opens Applications for Fully Funded Master’s Scholarships for Ugandan Students

The Embassy of France in Uganda has officially opened applications for its 2026/2027 Master’s Degree Scholarship Programme, offering fully funded study opportunities for young Ugandan graduates seeking to pursue postgraduate education in France.The scholarship programme targets Ugandan s

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AfDB Agrees To Lend Uganda UGX2.4 Trillion For Malaba-Kampala SGR Construction

AfDB Agrees To Lend Uganda UGX2.4 Trillion For Malaba-Kampala SGR Construction

The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn), to finance the 326km Standard Guage Railway project.This followed a commitment given by Dr. Abdul Kamara, Vice Preside

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BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa

BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa

Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (

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Uganda’s betting companies withhold Shs 2.6bn in winning claims

Uganda’s betting companies withhold Shs 2.6bn in winning claims

Lotteries and gaming operators in Uganda withheld at least Shs 2.6 billion in winning claims from 125 players in the current financial year.According to the National Lotteries and Gaming Regulatory Board (NLGRB), the complainants petitioned the regulator after their purported winnings were

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