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High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

Ultimate Uganda

Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

ToplineMore than 100 former staffers and national security leaders from past Republican administrations endorsed Vice President Kamala Harris on Wednesday—adding to the growing list of Republicans speaking out against former President Donald Trump.

Ultimate Uganda

BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex

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"Museveni Has Bribed NUP To Kill My Presidency in 2026" Bobi Wine Hits Hard At Kaguta With A Scandal

"Museveni Has Bribed NUP To Kill My Presidency in 2026" Bobi Wine Hits Hard At Kaguta With A Scandal

Opposition leader Bobi Wine has accused President Yoweri Kaguta Museveni of orchestrating a grand plot to dismantle the opposition by infiltrating its ranks and manipulating its key figures.According to Daily Moni

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Israel pounds Lebanon, pressuring Hezbollah after killing its leader

Israel pounds Lebanon, pressuring Hezbollah after killing its leader

 Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region after killing the Hezbollah leader Sayyed Hassan Nasrallah on Friday in an escalating conflict in Lebanon. The airstrikes on Yemen's port of Hodeidah were in response t

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What's behind the war that has driven Sudan to famine?

What's behind the war that has driven Sudan to famine?

A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one area in Darfur into famine. WHAT TRIGGERED THE VIOLENCE? Tensions had been building for months before fighting betw

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What civil society wants government to focus on in the next financial year

What civil society wants government to focus on in the next financial year

Civil society organisations have asked government to focus its resources on operationalisition of the different industrial parks spread across the country by investing in critical infrastructure such as electricity, water, roads and ICT infrastructure to drive industrialisation, job creation

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Thank you Museveni for sacking the incompetent. Now, please, continue

Thank you Museveni for sacking the incompetent. Now, please, continue

President Yoweri Museveni’s decision to dismiss Dorothy Kisaka, the Kampala Capital City Authority (KCCA) Executive Director, her deputy David Luyimbazi, and the Director of Public Health, Dr Daniel Okello, over the tragic Kiteezi landfill collapse, which claimed 35 lives, marks an importa

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MP Malende Rejects Mao’s Proposal, Defends Popular Presidential Elections

MP Malende Rejects Mao’s Proposal, Defends Popular Presidential Elections

Honorable Shamim Malende, the National Unity Platform (NUP) Woman Member of Parliament for Kampala and a respected lawyer, expressed her strong opposition to the recent proposal made by Minister Norbert Mao. Mao suggested that Uganda’s president should be elected by parliament rather than t

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Let diplomatic passports be for the right people

Let diplomatic passports be for the right people

Recent reports that the Ugandan government is investigating the issuance of diplomatic passports to ordinary citizens are both alarming and necessary. Diplomatic passports, meant to facilitate official state business abroad, should be granted to a select group of individuals with specific ro

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