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
Canadian Prime Minister Mark Carney has unveiled his cabinet, promising "decisive action" on his ambitious economic agenda, amid a trade war with the US.The new cabinet of 28 ministers and 10 secretaries of state heralds some significant changes, including a new foreign
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
Former Uruguayan President José Mujica, known as "Pepe", has died at the age of 89.The ex-guerrilla who governed Uruguay from 2010 to 2015 was known as the world's "poorest president" because of his modest lifestyle.Current President Yamandú Orsi announced his pre
President Museveni has called on leaders and citizens of the Rwenzori sub-region to take full responsibility for ensuring the success of the Parish Development Model (PDM), warning them against the complacency that undermined earlier government poverty eradication efforts such as Entandikwa, NAAD
The government has unveiled a new digital traffic monitoring system to curb the country’s soaring road accident rates, targeting reckless drivers, unfit vehicles, and impunity on the roads.The initiative, announced by the Ministry of Works and Transport, is part of a broader strategy to
A delegation of angry councillors from Kayoro Sub-county in Tororo District on Monday stormed the district local government offices, demanding urgent action over what they described as persistent tax evasion by major private firms operating in their area.Led by Andrew Opio, the secretary f
St Augustine of Hippo once said, “The world is a book and those who don’t travel read only one page.”For Laura Kagame, 41, life has been built around the intricacies of tour and travel. When she speaks about travel, her eyes light up because of the
As it's Mother's Day today, many Ugandans are posting pictures of their beautiful mothers along with heartfelt notes.Spice Diana, a well-known female singer and Ugandan celebrity,
I& M Bank Uganda and Kenya Airways have announced a special discount for customers on international tickets.Customers can now enjoy up to 15% off international flights (worldwide) to select destinations when they book with their I& M mastercards.This campaign sales peri
