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Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

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

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Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp

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Eddy Kenzo roasted for claiming ‘most famous Ugandan’ title

Eddy Kenzo roasted for claiming ‘most famous Ugandan’ title

The page claimed that its findings were based on Google searches, social media reach and global influence.Singer Eddy Kenzo stirred a debate this weekend online after reposting a claim suggesting he is the most famous Ugandan.The assertion originated from a social media page known a

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Estranged Boyfriend Wins As Kampala Slay Queen Charlotte Komugisha Loses 2nd Court Case In One Week

Estranged Boyfriend Wins As Kampala Slay Queen Charlotte Komugisha Loses 2nd Court Case In One Week

Queen Charlotte Komugisha (48) loses 2nd court case in One week as judge rules that their 12-year-old son leaves home & goes to boarding to avoid exposure to parental quarrels.Robert Magara the Grade 1 Magistrate at the Makindye court in Kampala has ruled that the embattled Kampala tik

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Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G

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Audit finds widespread financial mismanagement at National Drug Authority

Audit finds widespread financial mismanagement at National Drug Authority

A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s

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HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli

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Kampala police boss, CP Ecega sacked as IGP moves to tackle capital crime

Kampala police boss, CP Ecega sacked as IGP moves to tackle capital crime

Kampala Metropolitan Police Commander Richard Ecega has been sacked amid rising violent crime as over 200 suspects are arrested in city operations.Kampala Metropolitan Police Commander, CP Richard Ecega has been sacked (Photo/Courtesy)Kampala, Uganda: The Inspector General of Police

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Kenyan President calls for emergency EAC summit as $89 million gap threatens to paralyze the bloc

Kenyan President calls for emergency EAC summit as $89 million gap threatens to paralyze the bloc

The President of Kenya and Chairperson of the East African Community (EAC) William Samoei RutoKenya’s President William Ruto has called for an emergency summit of Heads of State of the East African Community (EAC) to attempt to deal with mounting financial crisis at the regional bloc.

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Fans unamused as Ykee Benda seeks Muhoozi cash to redo wedding proposal

Fans unamused as Ykee Benda seeks Muhoozi cash to redo wedding proposal

Ykee Benda has stirred more controversy online after appearing to ask Chief of Defence Forces (CDF) Muhoozi Kainerugaba for money to redo his marriage proposal.Ykee Benda has stirred more controversy online after appearing to ask Chief of Defence Forces (CDF) Muhoozi Kainerugaba for money

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