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BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for Supervision

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Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than

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Former UCDA executive director is dead

Former UCDA executive director is dead

Dr Emmanuel Lyamulemye, the former executive director of the Uganda Coffee Development Authority (UCDA), is dead.Frank Tumwebaze, the Minister of Agriculture, Animal Industry and Fisheries, announced his death on X.“I learnt this morning with deep sorrow about the passing of Dr Em

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NRM welcomes UPC defectors in Apac, warns against corruption, political propaganda

NRM welcomes UPC defectors in Apac, warns against corruption, political propaganda

The ruling National Resistance Movement (NRM) has deepened its political dominance in Apac after absorbing a fresh wave of defectors from the Uganda Peoples’ Congress (UPC), turning campaign rallies in Chegere Sub-county into a charged arena of celebration and sharp accusations of corruption.

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New roadmap to drive growth and transformation in agriculture

New roadmap to drive growth and transformation in agriculture

A Science, Technology and Innovation Roadmap for Agriculture, being developed by the Department of Science, Technology and Innovation in partnership with the Food and Agriculture Organization of the United Nations, is expected to be completed by end-September 2026.New roadmap to drive grow

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Tanzania: Samia Suluhu Appoints Former Finance Minister as new Prime Minister

Tanzania: Samia Suluhu Appoints Former Finance Minister as new Prime Minister

Dodoma – President Samia Suluhu Hassan has named Dr. Mwigulu Nchemba, her long-serving former Finance Minister, as Tanzania’s new Prime Minister.The appointment, ratified by parliament in a near-unanimous vote on Thursday, 2025, comes just weeks after Hassan’s landslide victory in th

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$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea

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Total disgrace’: Trump boycotts South Africa’s G20 summit over claims its white population is being persecuted

Total disgrace’: Trump boycotts South Africa’s G20 summit over claims its white population is being persecuted

Donald Trump has warned no US officials will attend the G20 summit in South Africa over claims white people are being persecuted in the country.The US President said it is a "total disgrace" that South Africa is hosting the meeting between leaders from the world's largest economies.

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Mansions: Black Coffee’s Rise from Rural Mthatha to Billion-Rand Empire.

Mansions: Black Coffee’s Rise from Rural Mthatha to Billion-Rand Empire.

From Milking Cows to Millionaire Mansions: Inside Black Coffee’s R157 Million Clifton Dream Home and Billion-Rand EmpireNkosinathi Maphumulo, the globally acclaimed DJ Black Coffee, has come a long way from his humble beginnings in a rural Eastern Cape village. Milking cows with his gran

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Eddy Kenzo Threatens to Sue Promoter Nobart Over Murder Accusations.

Eddy Kenzo Threatens to Sue Promoter Nobart Over Murder Accusations.

Ugandan music star Eddy Kenzo has fired back at events promoter Nobart, threatening legal action over serious allegations linking him to murder and attempted harm.Eddy Kenzo Threatens to Sue Promoter Nobart Over Murder AccusationsEdirisa Musuuza, popularly known as Eddy Kenzo, has v

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