Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Ed Sheeran's fitness journey began during the COVID-19 pandemic. Inspired by fatherhood and his wife Cherry, he adopted healthier habits, losing over 14kg.Ed Sheeran has revealed that he has lost more than 14 kilos over the past five years, as well as the reason behind his weight loss. The
Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic
Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve
In an unprecedented turn of events that has left Kyotera buzzing, President Yoweri Museveni has lavished praise on two of the National Resistance Movement’s (NRM) most powerful figures—Haruna Kasolo and Patrick Kintu Kisekulo—who, despite their bitter rivalry, have united in a groundbreakin
Kampala– Government through the Ministry of Trade, Industry and Cooperatives together with the sugar millers in Busoga region have set UGX 125,000 as the minimum price of a ton of sugarcane in the region. This follows an outcry from some sugarcane out-growers in Busoga who have taking home as l
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
As Ugandans prepare to celebrate Christmas and usher in the New Year, the Uganda Aids Commission (UAC) has issued a warning against reckless behaviours, saying it could reverse gains made in the fight against HIV/Aids.The UAC Director General, Dr Nelson Musoba, cautioned that while the fes
KAMPALA: The Chief Justice, Alphonse Owiny-Dollo, has urged High Court judges to treat electoral petitions with the seriousness of cases that affect the entire public, noting that election disputes go beyond individual candidates and touch the will of the electorate. His guidance comes barely a m
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
