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World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry

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Museveni Praises Cheptegei For Investing Wisely, Tours His Mega Hotel Project In Kapchorwa

Museveni Praises Cheptegei For Investing Wisely, Tours His Mega Hotel Project In Kapchorwa

President Yoweri Kaguta Museveni has hailed world champion Joshua Cheptegei for putting his athletic earnings to productive use by investing in a hotel project in Kapchorwa District.During a stopover between campaign rallies in the Sebei region, the President toured the facility, commendin

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Oil Production: NUPRC To Begin 2025 Licensing Round From December 1.

Oil Production: NUPRC To Begin 2025 Licensing Round From December 1.

The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrels of crude oilThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its intention to commence th

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Kiir sacks top petroleum official after a week in post.

Kiir sacks top petroleum official after a week in post.

South Sudan’s President Salva Kiir has dismissed the undersecretary at the Ministry of Petroleum just a week after appointing him, in the latest shake-up in the country’s sensitive oil sector.The undersecretary is the highest-ranking official managing the ministry since Petroleum Minis

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Don't Retire Until You Ask Yourself 4 Crucial Questions

Don't Retire Until You Ask Yourself 4 Crucial Questions

Are you thinking about retiring? Don't make the move without knowing these answers.Retiring is something many workers look forward to for a long time.You don't want to just jump into it, though. Otherwise, you could end up creating a difficult financial situation for yourself, or yo

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Panic in Poland as residents abandon country for Spain

Panic in Poland as residents abandon country for Spain

Since Russia’s invasion of Ukraine in 2022, a growing number of Eastern Europeans - particularly Poles - have been buying homes on the Spanish mainland and the Balearic Islands, according to new property data. Figures from Spain’s College of Registrars show that Poles are increasingly favouri

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EACOP starts 7.5KM road construction to link Hoima oil rich villages

EACOP starts 7.5KM road construction to link Hoima oil rich villages

The East African Crude Oil Pipeline (EACOP) Ltd, the company leading the development of Uganda’s crude oil export pipeline, in partnership with Hoima City, has commenced the construction of the Nyamasoga – Katooke Road under its Socio-Economic Investment (SEI) programme.This initiative

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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje

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Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ugandan local

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Trump to host his first summit with Central Asian leaders

Trump to host his first summit with Central Asian leaders

US President Donald Trump will host all five Central Asian leaders in Washington on Thursday for the first time, a few months after they held separate summits with Russia’s Vladimir Putin and China’s Xi Jinping.The West has upped its interest with the resource-rich region, where Moscow

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