Search Results

Absa Bank Uganda names Catherine Kijjagulwe head of markets

Absa Bank Uganda names Catherine Kijjagulwe head of markets

Catherine Kijjagulwe has been named head of markets at Absa Bank Uganda. Learn more about her professional background in financial markets and her new leadership role at the bank.KAMPALA, Uganda — Absa Bank Uganda has named Catherine Kijjagulwe as its new head of markets, the bank announ

Ultimate Uganda

Ex-Trade Ministry PS Ssali, MPs Mawanda, Akamba Return to Anti-Corruption Court in Shs3.8 Billion Fraud Case

Ex-Trade Ministry PS Ssali, MPs Mawanda, Akamba Return to Anti-Corruption Court in Shs3.8 Billion Fraud Case

Left to right: MPs Michael Mawanda, Paul Akamba, lawyer Julius Kirya, ex-Ministry of Trade PS Geraldine Ssali and Elgon MP Ignitius Mudimi Wamakuyu in the dock during the hearing of their case at the Anti-Corruption Court in Kampala on August 27, 2024.KAMPALA — Former Ministry of Trade P

Ultimate Uganda

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern

Ultimate Uganda

Hon Babirye Kityo, NRM’s Bulegeya tips President Museveni on factors that could increase NRM support in Central Region

Hon Babirye Kityo, NRM’s Bulegeya tips President Museveni on factors that could increase NRM support in Central Region

Masaka– Newly elected Bukoto East Member of Parliament Hon. Sarah Babirye Kityo has advised President Yoweri Kaguta Museveni to strengthen the National Resistance Movement’s (NRM) foothold in the Central Region by fostering closer ties with communities through regular consultations and engage

Ultimate Uganda

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet

Ultimate Uganda

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Uganda’s Chief of Defence Forces Muhoozi Kainerugaba has warned that Uganda could retaliate against any U.S. sanctions imposed on him or the country, escalating diplomatic tensions after senior American lawmakers questioned the credibility of Uganda’s recent elections.In a series of po

Ultimate Uganda

Samsung to offer treasury shares worth $120 million as bonuses

Samsung to offer treasury shares worth $120 million as bonuses

Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120

Ultimate Uganda

Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Ramadan Ggoobi speaking to reporters in Kampala on Friday.The Ministry of Finance has released Shs 16.537 trillion for expenditure in the third quarter of the 2025/26 financial year, with debt repayment and treasury operations taking the largest share.Out of the total release, Shs 7

Ultimate Uganda

Ministry of Finance allays fears on election-induced inflation

Ministry of Finance allays fears on election-induced inflation

Elevated government spending coupled with widespread voter bribery and campaign expenditure has resulted in inflation spikes in recent elections, such as the 2011 elections which sparked the famous “walk to work” protests.The Permanent Secretary and Secretary to the Treasury (PSST), Dr

Ultimate Uganda

“I know what Uganda wants,” Gen. Museveni tells Gen. Salim Saleh

“I know what Uganda wants,” Gen. Museveni tells Gen. Salim Saleh

When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve

Ultimate Uganda