Search Results

BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

Ultimate Uganda

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s

Ultimate Uganda

Mateus Fernandes cleared to LEAVE West Ham as Liverpool rival Man Utd for huge summer deal

Mateus Fernandes cleared to LEAVE West Ham as Liverpool rival Man Utd for huge summer deal

Liverpool and Manchester United are ready to do battle over West Ham star Mateus FernandesMateus Fernandes has been given the green light to leave West Ham this summer following discussions with the relegated Hammers, and while Manchester United are firmly in the race, Liverpool are closel

Ultimate Uganda

Clashes in DR Congo town after deadly incursion

Clashes in DR Congo town after deadly incursion

The mineral-rich region has been plagued by violence for more than 30 years from militias and other armed groups, including the Allied Democratic Forces formed by Ugandan rebels.The ADF, which has pledged allegiance to the Islamic State group, is notorious for extreme violence against civi

Ultimate Uganda

Man Utd 'target shock Hayden Hackney deal' with Michael Carrick pushing for Middlesbrough star

Man Utd 'target shock Hayden Hackney deal' with Michael Carrick pushing for Middlesbrough star

Manchester United have joined the queue of clubs pursuing Hayden Hackney this summer with Michael Carrick said to be driving a move for the sought-after Middlesbrough midfielder.Hackney is widely regarded as one of the best players outside the Premier League and was influential in driving

Ultimate Uganda

AfDB Agrees To Lend Uganda UGX2.4 Trillion For Malaba-Kampala SGR Construction

AfDB Agrees To Lend Uganda UGX2.4 Trillion For Malaba-Kampala SGR Construction

The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn), to finance the 326km Standard Guage Railway project.This followed a commitment given by Dr. Abdul Kamara, Vice Preside

Ultimate Uganda

Ambassador Kizige Donates Computer to Boost Land Registration Services in Kamuli

Ambassador Kizige Donates Computer to Boost Land Registration Services in Kamuli

KAMULI — Uganda's Ambassador Plenipotentiary to Moscow and former Bugabula North Member of Parliament Moses Kizige has donated a modern high-end computer and an uninterruptible power supply (UPS) to the Kamuli District Lands Office to improve land registration services and enhance data manageme

Ultimate Uganda

The Structural Logic of Political Fallouts in Uganda: Why Elite Purges Are a Feature, Not a Betrayal

The Structural Logic of Political Fallouts in Uganda: Why Elite Purges Are a Feature, Not a Betrayal

Centuries ago, Niccolò Machiavelli warned in The Prince that rulers who govern through personal power must constantly prevent subordinate centers of influence from becoming independent poles of attraction. In modern political science, this is understood as the core logic of competitive authorita

Ultimate Uganda

Journalist Kaggwa Njala Questions Museveni’s Cabinet Picks, Says “Another List Was Meant to Be Released”

Journalist Kaggwa Njala Questions Museveni’s Cabinet Picks, Says “Another List Was Meant to Be Released”

Journalist Simon Kaggwa Njala has stirred political debate after questioning President Yoweri Museveni’s latest Cabinet appointments, suggesting the final list may have deviated from an earlier intended lineup.Speaking shortly after the announcement of the 2026 Cabinet, Njala argued that

Ultimate Uganda

Why President Museveni’s New Cabinet Must Prioritise a Vocational Institute in Rural Masaka to Unlock Youth Employment

Why President Museveni’s New Cabinet Must Prioritise a Vocational Institute in Rural Masaka to Unlock Youth Employment

His Excellency the President of the Republic of Uganda, Yoweri Kaguta Museveni,I write this open letter at a defining moment in Uganda’s governance journey, following the recent Cabinet reshuffle and swearing-in of ministers. This renewed administrative phase presents an opportunity to r

Ultimate Uganda