Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
Phaneroo Ministries International has dismissed social media reports alleging it is embroiled in a land dispute with the Uganda Heart Institute, labeling the claims as false, misleading, and based on a misrepresentation of facts.In a statement issued on April 16, 2026, the ministry respond
According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell
MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic
The Katikkiro of Buganda, Charles Peter Mayiga, has called upon newly sworn-in Buganda Kingdom representatives in the Ankole–Kigezi region to actively promote unity, cultural identity, and effective communication among the Kabaka’s subjects.The remarks were made during the official swe
On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g
Outgoing Mawokota South Member of Parliament Yusuf Nsibambi has sparked a political storm after a tough and unapologetic appearance on NBS Television’s Face-Off, where he delivered a hard-hitting critique of the National Unity Platform (NUP), defended his political shift, and painted a dramatic
And then there were four. The 2026 Champions League quarter-finals are history and less than a handful on teams remain on the road to Budapest.Paris Saint-Germain, the holders, were first to book their ticket by thrashing Liverpool, coming away from Anfield with a deserved 4-0 victory on a
Parliament is pushing for an additional Shs5 billion in the next financial year to expand medical insurance for older lawmakers, a move that has sparked debate both inside and outside the House.The proposal targets Members of Parliament aged above 75, a group that is currently not fully co
