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Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

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Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

A driver facing serious charges related to the possession of prohibited goods has been granted bail. On September 25, 2024, Hussein Isabirye was released by the Anti Corruption Court in Nakasero, under the authority of Chief Magistrate Joan Aciro. The court set Isabirye’s bail at sh4 million, with

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Government Loses Over Shs 1 Billion in Karamoja Stone Dealer Royalties

Government Loses Over Shs 1 Billion in Karamoja Stone Dealer Royalties

Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

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30 decomposing bodies found in boat off Senegal

30 decomposing bodies found in boat off Senegal

At least 30 decomposing bodies were found in a boat drifting around 70 km (38 nautical miles) off the coast of Senegal's capital Dakar, the military said on Monday. The navy was informed of the boat's presence on Sunday evening and a patrol boat was immediately deployed to the area, the

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Kayunga district councilors query ‘unclear’ appointment of 30 extra teachers

Kayunga district councilors query ‘unclear’ appointment of 30 extra teachers

Kayunga District councilors have called for an investigation into what they described as unclear circumstances under which 62 primary school teachers were interviewed and given appointment letters yet the district officials had advertised 32 vacancies. During the district council meeting

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Citizen sues govt over proposed Luzira Prison relocation

Citizen sues govt over proposed Luzira Prison relocation

A citizen has sued the government, challenging the alleged move to relocate Luzira Prison to Buikwe District in a bid to pave the way for a commercial investment. Mr Deus Arinaitwe has sued the Attorney General (AG), who is the chief legal adviser of the government, seeking orders and de

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The new Ugandan tribes. How cool?

The new Ugandan tribes. How cool?

Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be

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KCCA to get new directors in three months - Museveni

KCCA to get new directors in three months - Museveni

President Museveni has fired Kampala Capital City Authority (KCCA) executive director Dorothy Kisaka,  her deputy Eng David Luyimbazi and the director of Public Health Dr Daniel Okello over Kiteezi landfill collapse that left 35 people dead and several others missing. “In a decisive

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MPs slam CDF Muhoozi on the floor

MPs slam CDF Muhoozi on the floor

The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba's conduct on social media became a subject of debate on the floor of Parliament on Tuesday as opposition MPs called for disciplinary action and a House probe for engaging in partisan politics. The 50-year-old First Son on Saturda

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