Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Mustafa Kizza became the latest Ugandan player to find a new home abroad after joining Egyptian second-division side Telecom. However, his transfer follows a trend that should raise a concern within the local football ecosystem. Kizza’s transfers have been both interesting and controve
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
Unidentified people abducted, beat and seriously injured a senior Tanzanian opposition party official before dumping her in a forest, her party said on Sunday, a month after a similar abduction and murder of another of its party leaders. The reported cases may taint the reformist image o
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
Local leaders in Kyotera District have tasked the government to explain the delayed commencement of the Mutukula Regional Market which has failed to take off four years after a foundation stone was laid. The Shs2 trillion project had started in 2020 but stalled a few months due to the Co
Rumours of ill-health have engulfed two African presidents in recent weeks, sparking contrasting responses and exposing how the wellbeing of leaders is often treated as a state secret. It started with Cameroon's President Paul Biya, 91, whose ministers denied that he was sick, insisting
Parliaments all over the world have been known as places where elected representatives of the people develop, deliberate, and adopt legislation that promotes public interests. In Uganda, Parliament has been at the forefront of originating, drafting and passing Bills that are often aimed
President Museveni said it was necessary for him to explain why he captured power because some people could easily compare him to Idi Amin.Ten days 29 years ago, President Museveni who had been in power for close
A 96th-minute winner from Sadio Mane earned Senegal a 1-0 win over Malawi and a place at the Africa Cup of Nations finals in Morocco next year, but Ghana are in serious danger of missing out after a surprise loss to Sudan on Tuesday. Senegal had 30 attempts at goal against their hosts bu
