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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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Airtel’s Statutory Levy to UCC to Rises by 11.4% to  Hit Shs38bn

Airtel’s Statutory Levy to UCC to Rises by 11.4% to Hit Shs38bn

Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last

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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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Think You Don’t Need a VPN? Here’s Why You Might Be Wrong

Think You Don’t Need a VPN? Here’s Why You Might Be Wrong

Whether you're a local or an expat living in Uganda, you most likely use the internet on a daily basis for work, shopping, streaming, and chatting.However, most individuals are unaware of this fact: every time you go online, your browser history, personal information, and even bank account

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Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai

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Zambia warns diplomats after US reveals 'systematic' aid theft

Zambia warns diplomats after US reveals 'systematic' aid theft

Zambia's foreign minister has warned diplomats against interfering in the country's affairs, days after the US ambassador raised concerns about the "systematic theft" of drugs donated to the southern African state.Mulambo Haimbe said there was an "increasing tendency" by e

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The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re

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Molly Katanga’s Injuries Described as ‘Catastrophic’ in Court as Nurse Recounts Bloody Morning Scene

Molly Katanga’s Injuries Described as ‘Catastrophic’ in Court as Nurse Recounts Bloody Morning Scene

The High Court in Kampala on Tuesday played chilling Crime Scene Reconstruction videos recorded at the residence of the late businessman Henry Katanga, revealing graphic testimony from a nurse who first attended to Molly Katanga after the fatal incident that left her husband dead.The foota

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Speaker Among Demands Answers Over Deadly Roads and Delayed Projects

Speaker Among Demands Answers Over Deadly Roads and Delayed Projects

Speaker of Parliament Anita Among has raised alarm over the worsening condition of national roads, warning that the situation poses serious risks to Ugandan road users, especially during the current rainy season.Among pointed to stalled projects, poor contractor performance, and a lack of

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Germany arrests self-declared 'king' and bans his extremist group

Germany arrests self-declared 'king' and bans his extremist group

A self-declared "king" of Germany and three of his senior "subjects" have been arrested and their group banned for attempting to overthrow the state.Peter Fitzek, 59, was among those arrested in morning raids across seven states on Tuesday, which involved about 800 securit

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