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
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
President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re
Speaker of Parliament Anita Among has raised alarm over the worsening condition of national roads, warning that the situation poses serious risks to Ugandan road users, especially during the current rainy season.Among pointed to stalled projects, poor contractor performance, and a lack of
St Augustine of Hippo once said, “The world is a book and those who don’t travel read only one page.”For Laura Kagame, 41, life has been built around the intricacies of tour and travel. When she speaks about travel, her eyes light up because of the
MTN Uganda is undertaking a significant nationwide network upgrade initiative aimed at substantially improving the reliability and speed of its voice, data, and mobile money services.This ambitious project seeks to deliver a more seamless and enhanced digital
Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad
China Railway 5 Engineering Group has signed a Shs 35 billion contract with the Mukono District Local Government to construct a 7.8-kilometre road connecting Ntenjeru to Bule landing site in Mukono District.The road, which links the sub-counties of Ntenjeru and Mpata, has been in poor cond
Vice President Maj. Jessica Alupo has officially launched a transformative chili farming project aimed at revitalizing the socioeconomic landscape of the Busoga sub-region.The launch was presided over by the First Deputy Prime Minister and Minister for East African Community Affairs,
Stanbic Bank Uganda has through its Stanbic for Her initiative, has partnered with UN Women to launch a transformative programme in the West Nile region, targeting both refugee and host communities.The initiative is designed to empower women through digital inclusion, financial literacy, a
