Business •
14 May '25
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
Business •
14 May '25
Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo
Business •
14 May '25
A contentious 143-page bill, the UPDF (Amendment) Bill, 2025, is set to be tabled in the Ugandan parliament today by Minister of Defence and Veteran Affairs, Jacob Oboth Oboth, triggering a wave of concern over potential civilian trials in military courts.The bill, a sweeping overhaul of t
Business •
14 May '25
A self-declared "king" of Germany and three of his senior "subjects" have been arrested and their group banned for attempting to overthrow the state.Peter Fitzek, 59, was among those arrested in morning raids across seven states on Tuesday, which involved about 800 securit
Business •
06 May '25
Private sector operating conditions during April remained encouraging as the headline Stanbic Purchasing Managers’ Index (Stanbic PMI) rose to 55.3, up from the 52.9 recorded for March.Readings above 50.0 signal an improvement in business conditions on the previous month, while readings
Business •
06 May '25
Eddie Mutwe, the long-time bodyguard of opposition leader Robert Kyagulanyi, was formally charged with robbery on Monday in a highly tense court appearance marked by disturbing allegations of torture and procedural irregularities.Appearing before Grade One Magistrate Abdal
Business •
06 May '25
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
Business •
05 May '25
BBC | Donald Trump says he is directing his government to reopen and expand Alcatraz, the former prison on an island off the coast of California.In a message on his Truth Social site on Sunday, President Trump said that "for too long America has been plagued by vicious, vi
Business •
04 May '25
President Yoweri Kaguta Museveni has publicly praised the Uganda People's Defence Forces (UPDF) for their successful joint military operation with the South Sudan Army, which resulted in the recapture of the strategic town of Nassir from armed militias.
Business •
04 May '25
Opposition leader Robert Kyagulanyi, popularly known as Bobi Wine, has called upon Ugandans both at home and abroad to join a crucial X (formerly Twitter) Space tonight at 7:30 PM East African Time.The online gathering, which will be hosted by Bobi Wine himself,