dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a
MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern region.The operation codenamed “You cannot smuggle a phone without paying taxes,” that started three weeks ago, was r
The newly elected Mbale City Woman MP, Lydia Wanyoto Mutende, has officially declared her intention to contest for the position of Speaker of the 12th Parliament.She made the declaration today, Friday, 20th February, 2026 during a press conference held at House 49 in Malukhu, Mbale Industr
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
39th African Union summitKAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and econo
Rome, Italy — Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, has met the President of the International Fund for Agricultural Development (IFAD), Mr Alvaro Lario, in Rome, Italy, to discuss continued cooperation aimed at improving rural livelihoods and strengt
European Entrepreneur Vasundhara OswalKAMPALA – Entrepreneur Vasundhara Oswal has petitioned the High Court of Uganda, accusing senior Ugandan officials of grave constitutional and human rights violations stemming from her arrest and detention in October 2024.The 27-year-old Europ
Dr. Mukisa AyubBusoga Sub-Region has long been recognized as an area of immense potential. With its fertile soils, youthful population, strategic location along the Nile, and vibrant cultural heritage under the Busoga Kingdom, the sub-region should be among Uganda’s most economically dyn
President Museveni has strongly defended the use of Biometric Voter Verification (BVV) machines in the recently concluded elections, arguing that the technology curtailed electoral fraud and strengthened transparency, while framing the broader vote within the National Resistance Movement's histor
