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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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Uganda Police Warn of Increased Crime Risk, Stricter Event Rules During Holiday Season

Uganda Police Warn of Increased Crime Risk, Stricter Event Rules During Holiday Season

Police spokesman Assistant Commissioner of Police Kituuma Rusoke confirmed security agencies are on heightened alert, noting that the holiday period coincides with the lead-up to the 2026 general elections.KAMPALA, Uganda — The Uganda Police Force warned the public Monday to anticipate a

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Poor legacy assets drag down PIC unlisted investment impairments

Poor legacy assets drag down PIC unlisted investment impairments

Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv

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Campaign Disruption in Aswa West!! Authorities Intervene as Kyagulanyi Defies Rally Rules

Campaign Disruption in Aswa West!! Authorities Intervene as Kyagulanyi Defies Rally Rules

The Territorial Police in Aswa West Region prevented the National Unity Platform (NUP) presidential candidate, Hon. Kyagulanyi, from proceeding to a location outside his designated campaign area on Thursday, December 5, 2025. The move sparked tension as the candidate attempted to divert his rally

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Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary so

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Uganda: Traffic Police Arrest Over 470 Drivers in Week-Long Crackdown.

Uganda: Traffic Police Arrest Over 470 Drivers in Week-Long Crackdown.

The Uganda Traffic Police have arrested 473 motorists in a week-long crackdown targeting road safety offenders across the country.The operations, conducted last week, focused on violations ranging from dangerous mechanical conditions to illegal vehicle modifications and invalid driving lic

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Exclusive: Club Guvnor finally Sold Off to City tycoon Jackson

Exclusive: Club Guvnor finally Sold Off to City tycoon Jackson

Club Guvnor, once Kampala’s undisputed symbol of elegance and disciplined nightlife, has continued to write new chapters in Uganda’s entertainment history. While many bars struggled to regain footing following the global shock of Covid-19, the shifting dynamics of Kampala’s nightlif

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate

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Ex-Minister Elioda accused of paying off EC, voters in desperate bid to achieve unopposed victory

Ex-Minister Elioda accused of paying off EC, voters in desperate bid to achieve unopposed victory

SHEEMA, Uganda — Former Minister of Science, Technology and Innovation Dr. Elioda Tumwesigye is facing severe allegations that he has paid voters and attempted to bribe Electoral Commission officials in a brazen effort to disqualify his main opponent and win the Sheema North parliamentary race

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10 Great Dark Fantasy Movies

10 Great Dark Fantasy Movies

Not every fantasy is about magical kingdoms, heroic warriors, and happy endings. There’s a darker (and far more interesting) side of the genre. Here, magic comes with a price, worlds are hostile, and creatures don’t play by moral rules. Everything feels eerie, twisted, and heavy. These are st

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