Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic
Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden
Joshua was made to work far harder than he would have liked to extinguish the challenge of a brave but limited opponent. Picture: GettyBritish heavyweight Anthony Joshua only needed six rounds to stop boxing novice Jake Paul, who failed to deliver on his promises in one of the most strikin
Mikel Arteta, Manager of Arsenal, and David Raya of Arsenal embrace at full-time after victory in the penalty shoot out following the UEFA Champions League 2023/24 round of 16 second leg match between Arsenal FC and FC Porto at Emirates Stadium on March 12, 2024Image source, Getty Images
Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve
Apostle Lilian Kumah, widow of the late Ejisu Member of Parliament and Deputy Minister of Finance, Dr John Ampontuah Kumah, has remarried a year after the legislator’s death.Confirmation of the development emerged through a thanksgiving message circulated on social media following her en
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
The liquidation heatmap showed that there was a chance of a brief LTC price bounce to $82 next.Bitcoin [BTC] bounced to $89.5k before sinking to post a new low of $84.5k. This volatility saw Litecoin’s price [LTC] drop 7.5% in 5 hours, with the altcoin posting a new lower low at $72.64.
Uganda is scheduled to hold presidential and parliamentary elections on January 15, 2026, with the contest widely seen as tight. Incumbent President Yoweri Museveni, who will mark 40 years in power next year, faces strong competition from Kyagulanyi, a two-time presidential contender and musician
As Ugandans prepare to celebrate Christmas and usher in the New Year, the Uganda Aids Commission (UAC) has issued a warning against reckless behaviours, saying it could reverse gains made in the fight against HIV/Aids.The UAC Director General, Dr Nelson Musoba, cautioned that while the fes
