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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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Airtel’s Statutory Levy to UCC to Rises by 11.4% to  Hit Shs38bn

Airtel’s Statutory Levy to UCC to Rises by 11.4% to Hit Shs38bn

Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last

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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo

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Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai

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The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re

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Secure the Ground Beneath You, Bishop Eggesa Warns Churches Amid Land Grabs

Secure the Ground Beneath You, Bishop Eggesa Warns Churches Amid Land Grabs

The Bishop of Bukedi Diocese, Rev. Samuel Bogere Eggesa, has urged all churches under his jurisdiction to urgently secure and formalise ownership of their land, warning that failure to do so could result in widespread loss to encroachers and land grabbers.Speaking at a landmark ratificatio

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Global Health Milestone: WHO Reports Billions Gaining Access to Better Care, Protection

Global Health Milestone: WHO Reports Billions Gaining Access to Better Care, Protection

The World Health Organization (WHO) has released its 2024–2025 Mid-Term Results Report, revealing unprecedented progress in global health, despite mounting economic and health challenges.The report highlights concrete gains in universal health coverage, health security, and healthier liv

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First Insurance Company Rebrands to Mirai

First Insurance Company Rebrands to Mirai

First Insurance Company Limited (FICO) has rebranded to Mirai General Insurance.This was during an event held at Four Points by Sheraton Hotel in Kampala, FICO’s acquisition by Pride Global, a dynamic Singapore-based multinational insurance and financial services group.T

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Trash to Treasure: Western Uganda Urban Leaders Challenged to Rethink Waste and Land

Trash to Treasure: Western Uganda Urban Leaders Challenged to Rethink Waste and Land

Urban authorities in Western Uganda have been urged to take a more strategic and proactive approach to waste management and land use, seen as crucial levers for sustainable city growth.The call came during a meeting of the Western Region Urban Authorities Association of Uganda (UAAU) in Ru

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Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

China Railway 5 Engineering Group has signed a Shs 35 billion contract with the Mukono District Local Government to construct a 7.8-kilometre road connecting Ntenjeru to Bule landing site in Mukono District.The road, which links the sub-counties of Ntenjeru and Mpata, has been in poor cond

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