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BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

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Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s

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Uganda’s betting companies withhold Shs 2.6bn in winning claims

Uganda’s betting companies withhold Shs 2.6bn in winning claims

Lotteries and gaming operators in Uganda withheld at least Shs 2.6 billion in winning claims from 125 players in the current financial year.According to the National Lotteries and Gaming Regulatory Board (NLGRB), the complainants petitioned the regulator after their purported winnings were

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KCCA Assesses Kiira Motors as Kampala Targets 100 Electric Buses and Mass Transit Expansion

KCCA Assesses Kiira Motors as Kampala Targets 100 Electric Buses and Mass Transit Expansion

Kampala Capital City Authority has begun evaluating Kiira Motors’ production capacity as the city moves to scale up electric bus deployment and lay groundwork for a future Bus Rapid Transit system.Kampala Capital City Authority (KCCA) has begun assessing Kiira Motors Corporation’s capa

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The Structural Logic of Political Fallouts in Uganda: Why Elite Purges Are a Feature, Not a Betrayal

The Structural Logic of Political Fallouts in Uganda: Why Elite Purges Are a Feature, Not a Betrayal

Centuries ago, Niccolò Machiavelli warned in The Prince that rulers who govern through personal power must constantly prevent subordinate centers of influence from becoming independent poles of attraction. In modern political science, this is understood as the core logic of competitive authorita

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Why President Museveni’s New Cabinet Must Prioritise a Vocational Institute in Rural Masaka to Unlock Youth Employment

Why President Museveni’s New Cabinet Must Prioritise a Vocational Institute in Rural Masaka to Unlock Youth Employment

His Excellency the President of the Republic of Uganda, Yoweri Kaguta Museveni,I write this open letter at a defining moment in Uganda’s governance journey, following the recent Cabinet reshuffle and swearing-in of ministers. This renewed administrative phase presents an opportunity to r

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Gov’t to license all EV charging stations under new energy law

Gov’t to license all EV charging stations under new energy law

Government is preparing regulations that will require all electric vehicle (EV) charging stations in Uganda to be licensed and permitted under the Energy Efficiency and Conservation Act, in what officials describe as a major step toward formalising the country’s fast-growing e-mobility sector.

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Former RCC Burora petitions NRM to remove Anita Among from CEC position over corruption scandals

Former RCC Burora petitions NRM to remove Anita Among from CEC position over corruption scandals

Former Rubaga Deputy Resident City Commissioner Herbert Anderson Burora has announced plans to table a petition seeking the removal of Speaker of Parliament Anita Annet Among from her powerful position as Second Vice Chairperson of the ruling National Resistance Movement (NRM).Burora made

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I’ve lost nearly 100 Billion in Raid: Anita Among Stares at Luzira as Museveni Drops All Immunity

I’ve lost nearly 100 Billion in Raid: Anita Among Stares at Luzira as Museveni Drops All Immunity

Former Speaker of Parliament Anita Among is now fully exposed to arrest and prosecution after losing all formal protections that previously came with her office.As of May 28, 2026, she holds no position in government, and her name is absent from President Museveni’s latest cabinet appoin

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MUST student collapses and dies moments before entering examination room

MUST student collapses and dies moments before entering examination room

The Mbarara University of Science and Technology community is in mourning today after one of its students, Nowembabazi Marvin, collapsed and died on campus this morning — just as he was preparing to sit an examination at the Faculty of Business and Management Sciences.Marvin was a third-

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