Search Results

Foreign reserves fall to all time low

Foreign reserves fall to all time low

High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa

Ultimate Uganda

Economy still faces several risks, says BoU

Economy still faces several risks, says BoU

Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot

Ultimate Uganda

Uganda's activists face increasing digital violence

Uganda's activists face increasing digital violence

According to the National Library of Medicine, research, biomedical informatics and the world's largest biomedical online library, the Covid-19 imposed restrictions led to an inevitable surge in the use of digital technologies to adjust to new ways of interaction, life, and work.  For U

Ultimate Uganda

After Haiti suffers fresh gang massacre, what's behind the escalating violence?

After Haiti suffers fresh gang massacre, what's behind the escalating violence?

A gruesome hours-long gang attack in Haiti a couple of days ago left dozens dead, torching homes and cars, while forcing thousands more to run for their lives, in the latest blow to a country that has suffered extreme violence for years. The early morning attack on Thursday in the centra

Ultimate Uganda

Salim aims for bold, timeless elegance with personal flair

Salim aims for bold, timeless elegance with personal flair

Salim Fidah Kyakwita, a rising star on the fashion scene in Uganda has carved a niche with his bold, authentic designs.  His journey from being captivated by old films and magazines to becoming a designer whose name is synonymous with self-expression is a story of inspiration, passion,

Ultimate Uganda

From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

Ultimate Uganda

Pope Francis to appoint 21 new cardinals in December

Pope Francis to appoint 21 new cardinals in December

Pope Francis will appoint 21 new cardinals from around the world, he announced on Sunday, in an unexpected push to influence the powerful group of churchmen that will one day choose his successor. The ceremony to install the new appointees, known as a consistory, will be held on Dec. 8,

Ultimate Uganda

'God save the Tsar!': Putin receives first wishes for 72nd birthday

'God save the Tsar!': Putin receives first wishes for 72nd birthday

 "God save the Tsar!" was one of the first public birthday wishes for President Vladimir Putin who turns 72 on Monday and who has been Russia's paramount leader for nearly quarter of a century. The greeting came from ultra-nationalist Russian ideologue Alexander Dugin on his Telegram me

Ultimate Uganda

Bobi Wine not serious enough to lead Uganda – Mpuuga

Bobi Wine not serious enough to lead Uganda – Mpuuga

The High Court issued a judgement over the issue of the service award, saying it was not a legal issue. What is your overall view on that? You read the reasoning of the court. It’s called the ratio decidendi in the legal language. The reasoning of the court dissects real issues from he

Ultimate Uganda

NUP, Lukwago to fight over the Lord Mayor’s seat

NUP, Lukwago to fight over the Lord Mayor’s seat

Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him.  “The path they have taken is a dangerous one. If they want to fight me, they should know they can’t win that

Ultimate Uganda