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Uganda Shillings Strengthens as Exports and Investor Confidence Rise – BoU

Uganda Shillings Strengthens as Exports and Investor Confidence Rise – BoU

Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic

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Gov’t: Dr. Kizza Besigye Will Not Be Released Until Trial is Concluded

Gov’t: Dr. Kizza Besigye Will Not Be Released Until Trial is Concluded

The Government of Uganda has said detained opposition figure Dr. Col. Kizza Besigye will not be released until his treason trial is concluded, insisting that due process must take its course.The position was communicated on Thursday during a press briefing in Rukungiri District by the Depu

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Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden

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Most attacking keeper in league' - why Raya is key for Arsenal

Most attacking keeper in league' - why Raya is key for Arsenal

Mikel Arteta, Manager of Arsenal, and David Raya of Arsenal embrace at full-time after victory in the penalty shoot out following the UEFA Champions League 2023/24 round of 16 second leg match between Arsenal FC and FC Porto at Emirates Stadium on March 12, 2024Image source, Getty Images

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Kiryandongo targets 100% safe water coverage with Shs480m projects

Kiryandongo targets 100% safe water coverage with Shs480m projects

Anselm Kyaligonza joined by the community during the launch of the deep borehole at Kiruli-Kibura in Kigumba sub countyKiryandongo, Uganda: Kiryandongo District authorities have launched the drilling of deep boreholes and construction of production wells worth Shs477.5 million as part of a

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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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Electoral Commission To Mps; BVVK Will Work Without Inconvenience Even In Remote Areas.

Electoral Commission To Mps; BVVK Will Work Without Inconvenience Even In Remote Areas.

BVVK (Biometric Voter Verification Kit) is transforming the way elections are conducted in remote and hard-to-reach areas. Designed to operate efficiently even in places without reliable electricity, the BVVK has become a vital tool for ensuring seamless voter identification and verification. Wit

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Uganda signs $2bn deal to boost oil infrastructure

Uganda signs $2bn deal to boost oil infrastructure

Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co

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Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Kampala– Government through the Ministry of Trade, Industry and Cooperatives together with the sugar millers in Busoga region have set UGX 125,000 as the minimum price of a ton of sugarcane in the region. This follows an outcry from some sugarcane out-growers in Busoga who have taking home as l

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Activists speak out on Museveni “bullet” threats.

Activists speak out on Museveni “bullet” threats.

President Museveni’s caution to his rivals against provoking the army has drawn criticism from human rights activists, some calling it unconstitutional.While addressing journalists at his Kisozi farm on Wednesday evening, the National Resistance Movement (NRM) presidential candidate, Yow

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