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DTB opens new Tororo branch to strengthen banking access in eastern Uganda

DTB opens new Tororo branch to strengthen banking access in eastern Uganda

TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade

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Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

Nicholas Mukasa, the newly appointed Deputy Governor of Bank of NamibiaThe Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly complex economic en

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Uganda Records 2 Million Births in 2025 as Health System Struggles to Keep Pace

Uganda Records 2 Million Births in 2025 as Health System Struggles to Keep Pace

Uganda recorded approximately 2 million births in 2025, according to Dr Diana Atwine, the Permanent Secretary at the Ministry of Health, who warned that rapid population growth is outpacing the country’s healthcare capacity.Speaking before Parliament’s Public Accounts Committee (PAC) d

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Zeija Bids Farewell to Court of Appeal as He Assumes Chief Justice Role

Zeija Bids Farewell to Court of Appeal as He Assumes Chief Justice Role

The Court of Appeal of Uganda and Constitutional Court of Uganda on Thursday held a special sitting and luncheon in honour of Flavian Zeija following his elevation to Chief Justice of Uganda.The event, held at the Court of Appeal Conference Hall in Kampala, marked the end of Zeija’s tenu

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Gov’t releases Shs17.4t for fourth quarter of FY2025/26

Gov’t releases Shs17.4t for fourth quarter of FY2025/26

The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi.The Government has released Shs17.444 trillion for the fourth quarter of the Financial Year 2025/26, bringing the total cumulative release to Shs77.001 trillion, according to the Permanent Secretary and Secretary to the

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Masaka Industrial Park Project Hit by Flooding  concerns

Masaka Industrial Park Project Hit by Flooding concerns

Plans to establish an industrial park in Greater Masaka have suffered a major setback after it emerged that the proposed site is prone to frequent flooding, raising concerns over its viability.The project site, located in Mazzigo in Bukakata Sub-county, Masaka District, spans approximately

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Uganda tightens building controls as new law takes effect

Uganda tightens building controls as new law takes effect

KAMPALA – Uganda has ushered in sweeping reforms in its construction sector following the enactment of the Building Control (Amendment) Act, 2026, a move aimed at strengthening oversight, improving safety standards, and curbing illegal building practices.In a public notice, Eng. Flavia G

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Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac

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JEEMA Warns Tax Hikes Will Deepen Poverty, Undermine Uganda’s Economy

JEEMA Warns Tax Hikes Will Deepen Poverty, Undermine Uganda’s Economy

The Justice Forum (JEEMA) has condemned the government’s proposed tax increases in the 2026 national budget, warning that higher levies on income, fuel, and essential goods will worsen living standards for ordinary Ugandans.JEEMA said the planned hikes in Pay As You Earn (PAYE), fuel exc

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OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved:

OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved:

At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f

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