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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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Ex-MP Ssemujju Opposes First Lady Interfacing with Appointments Committee Online

Ex-MP Ssemujju Opposes First Lady Interfacing with Appointments Committee Online

The education minister, Janet Museveni releasing UHPAB resultsKAMPALA – The First Lady and Minister-designate for Education and Sports, Janet Kataha Museveni, is expected to appear before Parliament’s Appointments Committee for vetting via Zoom on Tuesday after not appearing before the

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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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Ntungamo Allocates Shs100 Million for Bwongyera HCIII Renovation as Residents Call for More Staff

Ntungamo Allocates Shs100 Million for Bwongyera HCIII Renovation as Residents Call for More Staff

Bwongyera Health Centre III is set for a major facelift in the 2026/27 financial year, but residents say improved infrastructure must be matched with increased staffing and better road access to address growing healthcare demands.Bwongyera Health Centre III in Ntungamo District is set to b

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Flooding strands motorists on Entebbe Highway, sparks drainage concerns

Flooding strands motorists on Entebbe Highway, sparks drainage concerns

Motorists using the Entebbe Highway were stranded this morning in Kitubulu, Katabi Town Council, after a heavy downpour flooded a section of the road, making it impassable.Many commuters were forced to wait for more than two hours as several vehicles became stuck in the floodwaters. Reside

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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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Museveni to Reshuffle Permanent Secretaries

Museveni to Reshuffle Permanent Secretaries

President Museveni is preparing a fresh round of changes in the public service, with several Permanent Secretaries expected to be reassigned or moved as part of a wider effort to align government implementation with the priorities of his newly appointed Cabinet.Highly placed government sou

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State Opposes Bail for Kivumbi, 24 Co-Accused in Terror Case

State Opposes Bail for Kivumbi, 24 Co-Accused in Terror Case

Former Butambala County MP Muwanga Kivumbi at the International Crimes Division of the High Court in Kampala.The State has opposed the bail application of former Butambala County Member of Parliament Muhammad Muwanga Kivumbi and his 24 co-accused, who are facing terrorism charges, arguing

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FY 2026/27 National Budget Reading Set for June 11

FY 2026/27 National Budget Reading Set for June 11

KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in

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KCCA Assesses Kiira Motors as Kampala Targets 100 Electric Buses and Mass Transit Expansion

KCCA Assesses Kiira Motors as Kampala Targets 100 Electric Buses and Mass Transit Expansion

Kampala Capital City Authority has begun evaluating Kiira Motors’ production capacity as the city moves to scale up electric bus deployment and lay groundwork for a future Bus Rapid Transit system.Kampala Capital City Authority (KCCA) has begun assessing Kiira Motors Corporation’s capa

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