KAMPALA, Uganda — Uganda is hurtling toward a systemic social and economic crisis as a rapidly aging population outpaces a retirement savings framework that currently excludes 16 million workers.While the national pension sector appears robust on paper—with assets surging 21 percent to
President Yoweri Museveni has intervened in Cabinet tensions involving his son, CDF Muhoozi Kainerugaba, directing Internal Affairs Minister Kahinda Otafiire to clarify his position publicly and urging all ministers to support the UPDF’s national and regional contributions instead of engaging i
MBALE, Uganda — Court documents seen by The Ankole Times indicate that several individuals could face arrest if they violate a restraining order issued by the High Court in Mbale. The order was issued by Her Worship Rania Naluyima on behalf of the Mbale High Court.This was confirmed by t
A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi
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
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
MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern region.The operation codenamed “You cannot smuggle a phone without paying taxes,” that started three weeks ago, was r
Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec
Aviation and Outer Space expert Dr. Arnold Agaba has welcomed recent leadership changes at Uganda Airlines, calling them necessary to stabilize the national carrier and position it for long-term sustainability.Speaking to Canary Mugume on Next Big Talk hosted by Next Radio on Tuesday, Dr A
KAMPALA – President Yoweri Kaguta Museveni has accused the National Unity Platform (NUP) of orchestrating the 2021 machete attacks in Greater Masaka that left 28 elderly people brutally killed, as he warned of what he described as fresh opposition schemes to destabilize the country during the r
