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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo

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Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad

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Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

China Railway 5 Engineering Group has signed a Shs 35 billion contract with the Mukono District Local Government to construct a 7.8-kilometre road connecting Ntenjeru to Bule landing site in Mukono District.The road, which links the sub-counties of Ntenjeru and Mpata, has been in poor cond

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Museveni Asks Africa to Defend Family Values, Securie Economic Sovereignity

Museveni Asks Africa to Defend Family Values, Securie Economic Sovereignity

President Museveni urged African leaders to firmly resist foreign ideologies that threaten the continent’s familyfoundations and to match this resistance with a determined pursuit of economic and political integration to secure Africa’s future.The president made the remarks

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Bikers launch city cleanliness campaign to encourage love of country

Bikers launch city cleanliness campaign to encourage love of country

Uganda Bikers Association (UBA), better known for their love of speed on motorbikes, has decided to slow down long enough to engage in city-to-city cleanliness campaigns. UBA kickstarted this initiative with a Soroti city drive in late April, which they promise will be a yearly commitment.

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Gen. Saleh Preaches Prosperity to Boda Boda Union Leaders

Gen. Saleh Preaches Prosperity to Boda Boda Union Leaders

The Chief Coordinator of Operation Wealth Creation (OWC), Gen Salim Saleh, has called for unity among the leadership of boda boda riders in various parts of the country.Gen Saleh says unity among the leaders will help them in ensuring that the newly estab

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Major Coffee Investment in Luwero to Boost Uganda’s Value-Added Export

Major Coffee Investment in Luwero to Boost Uganda’s Value-Added Export

Coffee bags in stores at UGACOF factory in BweyogerereA major agro-industrial project aimed at boosting coffee processing and export capacity is set to take off in Luwero District, promising to enhance value addition in Uganda’s coffee sector and expand

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Mystery as 27-Year-Old Ugandan Returns From Abroad in a Coffin

Mystery as 27-Year-Old Ugandan Returns From Abroad in a Coffin

A very sad and painful moment was witnessed at Entebbe International Airport on Thursday when the body of 27-year-old Teddy Namata arrived in a casket.Teddy had travelled to Saudi Arabia last year to work and earn money for her family. Instead of coming b

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Matembe Warns: 'Uganda Will Descend Into Chaos If Bobi Take Power Only Museveni Can Keep Stability

Matembe Warns: 'Uganda Will Descend Into Chaos If Bobi Take Power Only Museveni Can Keep Stability

As Uganda prepares for the 2026 general elections, former Ethics Minister and renowned lawyer Miria Matembe has stirred debate with her bold statement supporting President Yoweri Museveni over opposition leader Bobi Wine.Matembe warned that Uga

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