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
LONDON, UK | Xinhua | Manchester City closed Arsenal’s lead at the top of the Premier League to just two points ahead of Sunday’s North-London derby with a hard-fought 2-1 win at home to Newcastle United.Nico O’Reilly put Manchester City ahead in the 14th minute with a fizzing low sh
For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int
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
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
Rotary International President Francesco Arezzo, accompanied by his wife Anna Maria, is on a three-day visit focused on service projects and fellowship engagements. Right is Governor Geoffrey Kitakule of Rotary District 9213 and Health Minister, Ruth Acen.Kampala-Rotary District 9213 has l
With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to
KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun
The newly elected Mbale City Woman MP, Lydia Wanyoto Mutende, has officially declared her intention to contest for the position of Speaker of the 12th Parliament.She made the declaration today, Friday, 20th February, 2026 during a press conference held at House 49 in Malukhu, Mbale Industr
In April 2013, the General Court Martial convicted the then Brig Henry Tumukunde who was the head of the Internal Security Organization (ISO) on charges of conduct prejudicial to good order and discipline of the Defense Forces following a statement he made on a local radio in Kampala without auth
