A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
(Kampala) – The High Court has ordered the Ugandan government to pay 150 million shillings in damages to two journalists who were assaulted by Uganda Peopleâs Defence Forces (UPDF) soldiers while covering a protest in 2021. The compensation, awarded as UGX 75 million for each journalist, reco
(Buikwe) – Opposition leader Robert Kyagulanyi, commonly known as Bobi Wine, visited Buikwe District this week, continuing his National Unity Platform (NUP) countrywide tour while addressing his followers on the principles of justice, freedom, and resilience in Uganda. Wine emphasized his vision f
Japanese Princess Yuriko has died aged 101 after her health deteriorated recently, palace officials said.Yuriko was the wife of wartime Emperor Hirohitoâs brother and the oldest member of the imperial family. She died on Friday at a Tokyo hospital, the Imperial Household Agency said.
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
Uganda’s wait for a return to the Africa Cup of Nations is over. The Cranes needed just a point from their game against South Africa at Namboole on Friday to confirm qualification to the 2025 Afcon finals in Morocco. But they didn't have to wait that long as Congo fell to South Sudan
Emaritino Echiku, a 75-year-old resident of Soroti District, has been undergoing treatment for breast cancer at the Uganda Cancer Institute (UCI) in Kampala for the past three years. Echiku recalls noticing a small, painless lump on his right breast during adolescence, which he ignored f
President Joe Biden heads to South America this week for a curtain call with global leaders after over 50 years in U.S. politics, but the man he tried and failed to keep from returning to power is likely to be the focus of many meetings: incoming President Donald Trump. Biden will hold
Deputy Inspector General of Uganda Police Force, Mr James Ochaya, has sounded the alarm on a disturbing trend where young girls, some as young as 14, are using social media to seek romantic relationships with older individuals. "There is a disturbing misuse of social media. We have rec
The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which
