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Bank of Uganda launches three-year pilot to buy domestic gold for reserves

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest

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Missile chemicals from China found on seized Iranian ship in Hormuz? Here’s what Nikki Haley claims

Missile chemicals from China found on seized Iranian ship in Hormuz? Here’s what Nikki Haley claims

Former US envoy to the United Nations Nikki Haley, member of Donald Trump’s Republican Party, has claimed that an Iranian vessel recently intercepted by the US Navy was travelling from China and was carrying materials linked to missile-related chemical shipments.Nikki Haley also pointed

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Police deny plot arrest Bobi Wine ahead of return from self-exile

Police deny plot arrest Bobi Wine ahead of return from self-exile

Uganda Police has said it has no plans to arrest National Unity Platform (NUP) president, Robert Kyagulanyi Ssentamu, also known as Bobi Wine, nor to issue any specific guidelines regarding his anticipated return from self-exile.Over the weekend, NUP announced that its leader is expected t

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UPDF Soldier Jailed 30 Years for Killing Man He caught Red-Handed Bonking His Wife

UPDF Soldier Jailed 30 Years for Killing Man He caught Red-Handed Bonking His Wife

UPDF Soldier identified as private Ronald Okello, attached to the 5th Division Regiment was on Friday April 17, 2026, sentenced to 30 years in Jail for murdering Godfrey Opio whom he accused of bonking his wife, Doris Etyang.The heatless soldier was sentenced by Lira High court Judge Lady

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Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic content, welcoming a move that would see the rate rise from Shs1,700 to Shs3,500 per litre.Juliet Namukasa, the chairperson

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M7 New Cabinet Lineup Takes Shape After Kyankwanzi, As Ugandans Count Down to Swearing-In Day 12th May

M7 New Cabinet Lineup Takes Shape After Kyankwanzi, As Ugandans Count Down to Swearing-In Day 12th May

The just-ended NRM MPs Kyankwanzi retreat was infiltrated by more than 50 undercover political operatives and IOs whose duty it was to help gather intrusive personal information about the targeted new MPs’ suitability for inclusion in Cabinet.The information gathered is meant to guide th

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Bobi Wine honoured alongside global leaders at democracy gala in New York

Bobi Wine honoured alongside global leaders at democracy gala in New York

Bobi Wine was honoured alongside prominent international leaders, including former United States National Security Advisor John Bolton, Canadian political leader Chrystia Freeland, and US Senator Mark Kelly. Bobi Wine was honoured at the 2026 Heroes of Democracy Gala in New York.He

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79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, ove

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Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l

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As Museveni Takes Oath for Seventh Term, Let us Reflect on his Achievements Over the Past Six Terms

As Museveni Takes Oath for Seventh Term, Let us Reflect on his Achievements Over the Past Six Terms

On May 12, 2026, President Museveni will take the oath of office for the seventh time as President of Uganda. He is the only president I have known since I began to understand the world.I have grown, studied, graduated, and given birth to my child under his leadership. I cannot describe wh

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