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Uganda Urged to Cut Remittance Costs to Spur Diaspora Investment

Uganda Urged to Cut Remittance Costs to Spur Diaspora Investment

Uganda has been urged to reduce the high cost of sending money from abroad, with officials and development experts warning that current transfer fees are discouraging remittances and stifling diaspora-led investment.The call was made during the commemoration of the Interna

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DRC Conflict: Uganda’s Role in the Search for Regional Stability

DRC Conflict: Uganda’s Role in the Search for Regional Stability

Security experts, analysts, and civil society leaders have convened in Kampala to dissect the persistent conflict in the Democratic Republic of Congo (DRC) and its growing implications on regional peace and development.The high-level dialogue, organised by the Advocates Coalition for Devel

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Musk turns on Republicans - and gives Trump's big bill a harder path

Musk turns on Republicans - and gives Trump's big bill a harder path

For 130 days, tech billionaire Elon Musk was a "special government employee" working inside the Trump administration to slash what he said were wasteful government programmes and bloated departments.Now, after his exit last week, he is back on the outside. And it is the Tr

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Turkish Contractor Preliminary Work in Tororo SGR Project

Turkish Contractor Preliminary Work in Tororo SGR Project

The Standard Gauge Railway (SGR) project took a significant step forward as Turkish contractor M/S Yapi Merkezi Insaat Ve Sanayi A.S was formally introduced to the leadership and stakeholders of Tororo District.The event, held at the Tororo District Council Hall, also unveiled the project

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Putin will seek revenge for Ukraine drone attack, warns Trump

Putin will seek revenge for Ukraine drone attack, warns Trump

Vladimir Putin has said he will have to respond to Ukraine's major drone attack on Russian airbases, US President Donald Trump has warned.Speaking after a phone call with the Russian president, Trump said: "President Putin did say, and very strongly, that he will have to r

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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

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Healing Old Wounds: Why Buganda Should Embrace Museveni’s Apology

Healing Old Wounds: Why Buganda Should Embrace Museveni’s Apology

The kingdom played a critical role in Museveni’s rise to power during the 1981–1986 bush war, hosting his guerrilla campaign in the jungles of Luweero. Thousands of lives were lost, and the scars of that conflict linger.On May 25, 2025, a

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Uganda’s Construction Sector Sees Modest Inflation Uptick in April , Driven by Specialised Activities and Civil Works

Uganda’s Construction Sector Sees Modest Inflation Uptick in April , Driven by Specialised Activities and Civil Works

Uganda’s construction sector recorded a mild rise in inflation, with the annual rate edging up to 0.6% in the 12 months ending April 2025, up from 0.5% in March, according to the latest Construction Input Price Index (CIPI) released by the Uganda Bureau of Statistics (UBOS).The increase,

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Govt Launches Million LEGS Project to Transform Rural Livelihoods

Govt Launches Million LEGS Project to Transform Rural Livelihoods

The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented

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Umeme to Seek Arbitration in London Over Shs 10.62tn Claim Against Uganda Govt

Umeme to Seek Arbitration in London Over Shs 10.62tn Claim Against Uganda Govt

Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces

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