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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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Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden

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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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Uganda Prisons Officer Dismissed Over Support for Bobi Wine Remains Defiant.

Uganda Prisons Officer Dismissed Over Support for Bobi Wine Remains Defiant.

A Uganda Prisons Service (UPS) officer, Lawrence Ampe, has been dismissed from service over his public support for opposition National Unity Platform (NUP) leader and presidential candidate Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine.Ampe’s dismissal follows a series of soci

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Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash

Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash

Portuguese authorities charged the wife of Guinea-Bissau's ousted president as part of an investigation into suspected smuggling and money laundering, judicial police said on Tuesday.Dinisia Reis Embalo was arrested by Portuguese authorities on December 16, 2025.Dinisia Reis Embalo,

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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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Trump administration expands list of countries subject to entry restrictions

Trump administration expands list of countries subject to entry restrictions

U.S. President Donald Trump on Tuesday signed a proclamation expanding the list of countries subject to full or partial entry restrictions to cover around 40 countries, effective on Jan. 1, 2026.Trump “signed a Proclamation expanding and strengthening entry restrictions on nationals from

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Liverpool news: Mo Salah's dressing room message as Virgil van Dijk admits transfer stance

Liverpool news: Mo Salah's dressing room message as Virgil van Dijk admits transfer stance

The Liverpool dressing room have been left in no doubt about Mohamed Salah's intentionsMo Salah and Virgil van Dijk have been Liverpool's best players for close to a decade (Image: Getty Images)Mohamed Salah made sure to soak up Anfield's love be

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Stop Behaving Like Women – Gloria Bugie Blasts Aaronix

Stop Behaving Like Women – Gloria Bugie Blasts Aaronix

Gloria Bugie has fired back at fellow artist Aaronix, accusing him of attacking her name instead of focusing on his music and making it clear she would never work with him.Musician Gloria Bugie has launched a scathing attack on fellow artiste Aaronix, w

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Social Media Celebrities That Didn't Make It to 2026

Social Media Celebrities That Didn't Make It to 2026

From politics and business to music, media, and nightlife, Uganda and the wider East African region endured a year marked by repeated loss as prominent figures passed away under tragic and varied circumstances.Uganda—and the wider East African region

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