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Museveni halts Central Bank directive on Sacco licensing

Museveni halts Central Bank directive on Sacco licensing

President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc

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Man Utd transfer news: Cole Palmer details emerge as double swoop prepared

Man Utd transfer news: Cole Palmer details emerge as double swoop prepared

Transfer deadline day has arrived and Manchester United have just hours remaining to complete any deals. The Red Devils must finalise any last-minute business by 7pm this evening. Michael Carrick has enjoyed a flawless beginning to life as manager at Old Trafford, with United securing a thrilling

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Benjamin Sesko rescues Man Utd with last-gasp winner in Fulham thriller - 5 talking points

Benjamin Sesko rescues Man Utd with last-gasp winner in Fulham thriller - 5 talking points

MANCHESTER UNITED 3-2 FULHAM: Benjamin Sesko comes off the bench to score an injury-time winner for Michael Carrick's side as they hold off a late fight back from FulhamBenjamin Sesko of Manchester United celebrates Benjamin Sesko was the hero for Manchester United(Image: Carl Recin

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Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

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You’re an Opportunist”: PLU Fires Back at Minister Baryomunsi Over Remarks on Muhoozi

You’re an Opportunist”: PLU Fires Back at Minister Baryomunsi Over Remarks on Muhoozi

The Patriotic League of Uganda (PLU) pressure group has sharply criticized the Minister of ICT and National Guidance, Dr. Chris Baryomunsi, following his public remarks distancing government from controversial social media posts by the Chief of Defence Forces (CDF), Gen. Muhoozi Kainerugaba.

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Muhoozi deletes controversial posts blaming Bobi Wine’s escape on US Embassy

Muhoozi deletes controversial posts blaming Bobi Wine’s escape on US Embassy

Reader modeMuhoozi deletes controversial posts blaming Bobi Wine’s escape on US Embassypulse.ug23hIn the now-deleted posts, Gen Muhoozi claimed that Uganda’s security cooperation with the United States had been undermined for nearly a decade by what he described as

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Over 30 school administrators, teachers arrested over early school opening

Over 30 school administrators, teachers arrested over early school opening

Jinja authorities have arrested school administrators and teachers for opening schools and conducting lessons before the official term start date.Jinja Resident District Commissioner Ahmed Kateregga Musaazi, confirmed the report (Photo/File)Jinja, Uganda: Authorities in Jinja Distri

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In

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“There is no opposition in Uganda,” Museveni says

“There is no opposition in Uganda,” Museveni says

Ugandan President Yoweri Museveni has alleged that the National Unity Platform (NUP), led by his two-time challenger Robert Kyagulanyi, popularly known as Bobi Wine, manipulated the 2021 General Election by introducing 2.7 million fake votes, one million locally and 1.7 million imported from Duba

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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

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