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High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

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Mikel Arteta drops big Arsenal hint with two key decisions after Man Utd exit

Mikel Arteta drops big Arsenal hint with two key decisions after Man Utd exit

Arsenal have enjoyed a strong start to the season to assert themselves as title contenders once again.Arsenal have rebuilt their ranks ove

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EXCLUSIVE: King Charles recognises Uganda UK Health Alliance Lead Person

EXCLUSIVE: King Charles recognises Uganda UK Health Alliance Lead Person

London (UK) –  A Uganda Diaspora, Moses Mulimira joined 300 guests, including High Commissioners and Representatives from various organisations associated with the Commonwealth, during a reception hosted by the King & Queen at St. James’s Palace in London, to celebrate the Commonwealth Diaspora

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Museveni wants law to regulate moneylenders

Museveni wants law to regulate moneylenders

President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government would push for the enactment of a law to fight the vice. “Money lenders are becoming a problem. They go to our v

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Tanzanian-made aircraft begin operations

Tanzanian-made aircraft begin operations

The first three aircraft manufactured in Tanzania, known as the Skyleader 600, have officially begun operations both domestically and beyond. This significant milestone was announced by the Director of Airplanes Africa Limited (AAL), Mr David Grolig, following the arrival of the first Sk

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BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

MTN Uganda has accused Uganda Revenue Authority (URA) of deploying â€˜coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex

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Amref tips govt on universal health coverage for underserved communities

Amref tips govt on universal health coverage for underserved communities

The government has been tasked to fast- track the implementation of the National Community Health Strategy to strengthen health service delivery at the community level. Mr Tadius Mwesige, the Manager of Strengthening Community Health Workforce in Uganda Project, which is currently being

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Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€

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UAE says residence of its ambassador in Khartoum attacked by Sudanese military

UAE says residence of its ambassador in Khartoum attacked by Sudanese military

The United Arab Emirates said early on Monday the residence of its ambassador in Khartoum was attacked by a Sudanese military aircraft, condemning it as a "heinous attack". The UAE's foreign ministry said in a statement that the attack on its ambassador's residence had c

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Arsenal fans will be absolutely furious with what happened twice during Tottenham’s win vs Man Utd

Arsenal fans will be absolutely furious with what happened twice during Tottenham’s win vs Man Utd

Arsenal and talk of red cards is becoming very familiar this season, probably too much so in the eyes of Mikel Arteta.Many felt as if 

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