If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a
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
Museveni with General Mohamed Hamdan DagaloPresident Yoweri Kaguta Museveni welcomed General Mohamed Hamdan Dagalo, commander of Sudan’s Rapid Support Forces (RSF), to State House Entebbe amid intensifying calls for an end to Sudan’s protracted civil war. The Friday meeting centered on
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
KAMPALA — Kampala Capital City Authority (KCCA) enforcement teams, backed by police, demolished dozens of illegal roadside kiosks and structures overnight into Friday, escalating a citywide crackdown aimed at restoring order in the capital’s central business district.The operation foll
Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas
Uganda’s national carrier, Uganda Airlines, is grappling with escalating operational turbulence after grounding both of its long-haul aircraft, triggering a wave of flight cancellations that has now ensnared city tycoon Dr. Sudhir Ruparelia among affected passengers.“My Sunday flight w
Kampala city after street vendors being evicted.Overview:KCCA spokesperson Daniel Nuwabine said this time it will be different. He said eviction of street vendors in the Central Business District (CBD) is part of a broader effort to organize trade in the city and the entire Greater
Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec
Nelson Kabanda, who is spearheading the registration of the affected traders, said they had been surviving on their own, but that is now impossible since the fire did not spare any businesses. Kabanda explained that furniture traders even lost the equipment used for processing timber.More
