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Uganda Shillings Strengthens as Exports and Investor Confidence Rise – BoU

Uganda Shillings Strengthens as Exports and Investor Confidence Rise – BoU

Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic

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‘I was declared deserter for resisting COVID-19 corruption in Uganda Prisons Service’

‘I was declared deserter for resisting COVID-19 corruption in Uganda Prisons Service’

A former Uganda Prisons Service custody health officer, James Turyatunga, has accused the institution of corruption and denying him justice after he was declared a deserter under contentious circumstances.Turyatunga, who once served at the height of the C

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Minister Otafiire reverses police ban on NUP candidate Paul Mwiru’s radio festival

Minister Otafiire reverses police ban on NUP candidate Paul Mwiru’s radio festival

The Minister in a letter to the Inspector General of Police, Abas Byakagaba, ordered the "Endigito Ya Busoga" event to proceed as planned next week, describing its ban as politically motivatedMinister of Internal Affairs, Major General (Rtd) Kahinda Otafiire, has overturned a police-led ba

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Appointment of New Court Martial Paves Way for Trial of Gen Birungi

Appointment of New Court Martial Paves Way for Trial of Gen Birungi

President Museveni has appointed a new leadership of the General Court Martial, clearing the final administrative hurdle for the long-awaited prosecution of former military intelligence chief Major General James Birungi, who has been detained since August on charges that include treason, terroris

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Uganda Posts Better Economic Outlook for October 2025

Uganda Posts Better Economic Outlook for October 2025

The Ministry of Ministry of Finance, Planning and Economic Development (MoFPED) has released data indicating a positive economic outlook for the month of October, 2025 as compared to the previous month.The Ministry says that in October 2025, the Shilling appreciated by 1.3 percent to an av

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STANBIC FRAUD WEB! Cyber Thieves Who Collided with Insiders to Target Enid Kukunda’s Sh725m officially charged, remanded

STANBIC FRAUD WEB! Cyber Thieves Who Collided with Insiders to Target Enid Kukunda’s Sh725m officially charged, remanded

Four people accused of attempting to defraud Stanbic Bank of Shs725 million were on Friday formally charged before the Buganda Road Chief Magistrate’s Court.They face seven counts, including forgery, uttering false documents, personation, attempted theft, and conspiracy to commit a felon

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Four Traders Remanded to Luzira Over Kampala Protests

Four Traders Remanded to Luzira Over Kampala Protests

Police fired tear gas at traders.Four city traders have been remanded to Luzira Prison after being charged with causing common nuisance during Monday’s protests over high taxes and rent in Kampala.The accused — Sunday John Baptist, Nsamba Kenny

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Xpeng (XPEV) Stock: Price Soars 18% on Robot Technology and Record Deliveries

Xpeng (XPEV) Stock: Price Soars 18% on Robot Technology and Record Deliveries

Xpeng XPEV stock jumped 18% to three-year highs on record deliveries and humanoid robot technology. Up 130% YTD, outperforming Chinese EV rivals.TLDRXpeng (XPEV) stock jumped 18% Tuesday to its highest price since July 2022October deliveries hit 42,013 vehicles, up 76% year-o

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Sonko Pledges To Help Comedian Sammy Kioko Recover Ksh19M From Machakos County.

Sonko Pledges To Help Comedian Sammy Kioko Recover Ksh19M From Machakos County.

Former Nairobi Governor Mike Sonko has publicly pledged to intervene in the payment dispute between comedian and fashion designer Sammy Kioko and the Machakos County Government. Kioko is allegedly owed a staggering Ksh19 million for an embroidery tender completed nearly two years ago.Speak

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BREAKING! Minister Ecweru Steps Down from Amuria County MP Race

BREAKING! Minister Ecweru Steps Down from Amuria County MP Race

In a surprising political development, the State Minister for Works and Transport, Honorable Musa Ecweru, has officially stepped down from the Amuria County Parliamentary race.The long-serving minister says his decision is aimed at fostering unity within the ruling National Resistance Move

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