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
Zambia's foreign minister has warned diplomats against interfering in the country's affairs, days after the US ambassador raised concerns about the "systematic theft" of drugs donated to the southern African state.Mulambo Haimbe said there was an "increasing tendency" by e
The government has unveiled a new digital traffic monitoring system to curb the country’s soaring road accident rates, targeting reckless drivers, unfit vehicles, and impunity on the roads.The initiative, announced by the Ministry of Works and Transport, is part of a broader strategy to
Justice and Constitutional Affairs Minister Norbert Mao has issued a sharp condemnation of the alleged torture of Edward Ssebuufu, popularly known as Eddie Mutwe, and criticised the judiciary for continuing to try suspects who appear to have suffered abuse in custody.Mutwe
Ugandans woke up to troubling news on Thursday morning after reports surfaced of a foiled assassination attempt targeting a high-profile judicial officer living in Lubowa Housing Estate, a suburb along the Kampala-Entebbe highway.
Martin Jerome Okec Aliker, a prominent Ugandan businessman and dental surgeon, is celebrated as the first Ugandan to own a bus. His pioneering efforts in the
Security agencies in Uganda have increased their presence in the Lubowa Housing Estate after receiving a tip-off about a possible assassination plot targeting a high-ranking judicial officer living in the area.The incident has raised serious concerns abou
Retailers engage with UNBS over standards. PHOTO URNKAMPALA, UGANDA | Retailers in and around Kampala have blamed the continued presence of counterfeit and substandard products in their stores on the Uganda National Bureau of Standar
The Ugandan government has raised fresh concerns over the financial sustainability of Public Sector Organizations (PSOs), signaling a possible move to de-gazette several of them and lay off tens of thousands of employees.According to government insiders, this dr
On Monday, February 10, 2025, President Kaguta Museveni named Michael Atingi-Ego, a former deputy governor of the Bank of Uganda (BoU),
