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
President Yoweri Kaguta Museveni has warned that continued resistance by coastal East African states to Uganda’s desire for unhindered access to the Indian Ocean could lead to conflict.Speaking on Sunday, Museveni expressed frustration with what he called the “selfish mindset” of som
Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
AMERICAN forces are reportedly preparing to bomb military installations inside Venezuela – and the strikes could come in a “matter of days or even hours”.Donald Trump has already moved US naval and air assets closer to Venezuelan shores – stoking fears of an all-out war.An a
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,
"Super bad"Ever wondered what Seth Rogen and Evan Goldberg's high school experience was like? Greg Mottola's 2007 teen comedy "Superbad" — written by Rogen and Goldberg — provides a vulgar and hilarious fictionalized answer. The film stars Jonah Hill and Michael Cera as Seth and Evan,
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
Panic swept across the Pacific Wednesday morning after a powerful 8.8-magnitude earthquake off Russia’s far eastern coast set off tsunami alarms in more than a dozen countries.The quake struck off the Kamchatka Peninsula, one of the most seismically active regions in the world, sending w
It begins with a promise. A satellite dish on a tin roof. A blinking terminal in the middle of rural Kisii. Suddenly, a boy can watch a YouTube video without buffering.A teacher downloads a lesson plan in seconds. A clinic sends health records to the capital without delay. It feels like th
Even though the tension between Israel and Iran is brewing thousands of miles away, the ripples are undeniably hitting African shores. These two powerful nations have been locked in a “shadow war” for decades, and now, as things heat up, Africa must reckon with what this conflict means for ou
