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
LONDON, UK | Xinhua | Manchester City closed Arsenal’s lead at the top of the Premier League to just two points ahead of Sunday’s North-London derby with a hard-fought 2-1 win at home to Newcastle United.Nico O’Reilly put Manchester City ahead in the 14th minute with a fizzing low sh
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
KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun
Kampala, Uganda: The High Court (Commercial Division) has ordered M/S Muwema & Co. Advocates to pay a total of USD 372,300 (approx. Shs1.34bn) in rent arrears and mesne profits, and to immediately vacate prime premises in Kololo following a protracted lease dispute with Downtown Investments L
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
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and Teso.The newly constructed Lake Kyoga ferries docked at Bukungu Landing Site in Buyende ahead of commissioning.B
The Chief Magistrate’s Court in Kabale has granted bail to Jolly Jackline Tukamushaba, the National Unity Platform (NUP) Deputy President for Western Uganda.Tukamushaba, who contested for the Rukiga District Woman Member of Parliament seat on the NUP ticket, was on February 6, 2026 charg
39th African Union summitKAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and econo
