Search Results

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

Ultimate Uganda

Police arrest two women over alleged public kissing in Uganda

Police arrest two women over alleged public kissing in Uganda

Two women have been arrested in Uganda over alleged public same-sex conduct under the country’s Anti-Homosexuality Act 2023. Authorities say investigations into their are ongoing while they remain in custodyArua City, Uganda: The Police in Arua City are holding two women in custody follo

Ultimate Uganda

South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

Ultimate Uganda

Open Letter to President Alleges Misconduct, Infighting Among Senior KCCA Directors

Open Letter to President Alleges Misconduct, Infighting Among Senior KCCA Directors

Kampala | Uganda — An open letter addressed to the President has raised serious concerns about alleged misconduct and internal conflict involving two senior directors at the Kampala Capital City Authority (KCCA).The letter, written by a self-described “concerned city citizen” from Ka

Ultimate Uganda

NRM MP Loser in Kalungu Calls on Gen. Muhoozi to Intervene Over Minister Sekindi’s Alleged Support for Opposition

NRM MP Loser in Kalungu Calls on Gen. Muhoozi to Intervene Over Minister Sekindi’s Alleged Support for Opposition

The National Resistance Movement (NRM) flag bearer for Kalungu District Woman Member of Parliament, Hon. Helen Nakeeya, has appealed to Chief of Defence Forces Muhoozi Kainerugaba to intervene in escalating political tensions in the district following the recently concluded elections.Addre

Ultimate Uganda

Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru

Ultimate Uganda

Nsibambi’s Defection to NRM – After Losing His Parliamentary Bid

Nsibambi’s Defection to NRM – After Losing His Parliamentary Bid

Former Bukedia County MPWhat pressures or incentives influenced Yusuf Nsibambi’s decision to switch sides? And what price will he pay? For years, Nsibambi was regarded as one of the opposition’s most reliable minds on law and governance—articulate, grounded, and often a pillar on mat

Ultimate Uganda

Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act

Ultimate Uganda

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

At least 20 students from underprivileged backgrounds are set to benefit from scholarships worth Shs 3.85 billion to pursue science and technology degree programmes at leading universities in Uganda.The scholarships are being offered under the Airtel Africa Foundation Tech Fellowship, a ne

Ultimate Uganda

SPEAKERSHIP: Anita Among Courts Powerful Muslim, Buganda’s Prince Nakibinge

SPEAKERSHIP: Anita Among Courts Powerful Muslim, Buganda’s Prince Nakibinge

Rt. Hon. Anita Annet Among and Dr. Prince Kassim Nakibinge.In a strategic move amid intensifying speculation over the upcoming speakership race in Uganda’s 12th Parliament, Speaker Anita Among paid a high-profile courtesy call on one of the country’s most influential Muslim figures.

Ultimate Uganda