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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

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

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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

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

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Speaker Among Demands Answers Over Deadly Roads and Delayed Projects

Speaker Among Demands Answers Over Deadly Roads and Delayed Projects

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

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Travel Neza’s Laura Kagame wants Ugandans to enjoy their own backyard

Travel Neza’s Laura Kagame wants Ugandans to enjoy their own backyard

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

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Global Health Milestone: WHO Reports Billions Gaining Access to Better Care, Protection

Global Health Milestone: WHO Reports Billions Gaining Access to Better Care, Protection

The World Health Organization (WHO) has released its 2024–2025 Mid-Term Results Report, revealing unprecedented progress in global health, despite mounting economic and health challenges.The report highlights concrete gains in universal health coverage, health security, and healthier liv

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Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

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

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First Insurance Company Rebrands to Mirai

First Insurance Company Rebrands to Mirai

First Insurance Company Limited (FICO) has rebranded to Mirai General Insurance.This was during an event held at Four Points by Sheraton Hotel in Kampala, FICO’s acquisition by Pride Global, a dynamic Singapore-based multinational insurance and financial services group.T

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Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

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

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Matugga Healer Stabbed to Death Over Shs 2,000, Suspect on the Run

Matugga Healer Stabbed to Death Over Shs 2,000, Suspect on the Run

Police in Matugga have launched an investigation into a gruesome murder that occurred in the early hours of May 8, 2025, in Kito Cell. The victim, 45-year-old traditional healer Bisobolwa Isa, was fatally stabbed following an altercation with a younger man he ha

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KCCA to Charge for Posters in the City

KCCA to Charge for Posters in the City

With political activity intensifying ahead of the 2026 general elections, Kampala Capital City Authority (KCCA) has announced it will begin enforcing poster fees in line with the recently approved Kampala Capital City Outdoor Advertising Ordinance.Campaign posters and other advertisements

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