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Museveni Clarifies Sovereignty Bill: ‘It is About Policy, Not Private Money’

Museveni Clarifies Sovereignty Bill: ‘It is About Policy, Not Private Money’

Independence means the right to make our own mistakes if necessary and learn from themPresident Yoweri Kaguta Museveni has moved to de-escalate growing public anxiety over the proposed Sovereignty Bill, dismissing claims that the legislation aims to stifle foreign investment or block finan

Ultimate Uganda

79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, ove

Ultimate Uganda

Govt Publishes List of Licensed Labour Export Firms

Govt Publishes List of Licensed Labour Export Firms

The government has released an updated list of over 120 licensed labour export companies while warning young people about increasing cases of fraud, human trafficking, and exploitation linked to unregulated recruitment schemes.The State Minister for Youth and Children Affairs, Balaam Barug

Ultimate Uganda

A forex trader went to withdraw money from Ecobank. The manager locked him in the toilet, alerted police

A forex trader went to withdraw money from Ecobank. The manager locked him in the toilet, alerted police

The Eco Bank branch at Oasis Mall where Gabriel Achuk was locked in the toiletGabriel Achuk, a South Sudanese businessman who claimed he was locked inside the toilet of Ecobank at the Oasis Mall branch, where he had gone to withdraw money, has lost the case against the bank because his aff

Ultimate Uganda

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

Kampala resident, Matsiko Brian, is locked in a frustrating battle with telecom companies after a mobile money transaction worth UGX 4.5 million allegedly disappeared from the system despite a court order directing its recovery.Matsiko Brian, a resident of Mengo, says he has spent weeks pu

Ultimate Uganda

Africa’s one-dose cure brings sleeping sickness elimination within reach

Africa’s one-dose cure brings sleeping sickness elimination within reach

SPECIAL REPORT | BIRD AGENCY | Africa’s long battle against sleeping sickness may be approaching its final chapter as a new single-dose therapy gains international regulatory backing. The drug, acoziborole, received a positive scientific opinion on 27 February 2026 from the Committee for Medici

Ultimate Uganda

Cedi Expected To Lose Ground To The Dollar Before 2026 But Still Make History: “Slight Weakening”

Cedi Expected To Lose Ground To The Dollar Before 2026 But Still Make History: “Slight Weakening”

Fitch Solutions expects a slight weakening of the Ghana cedi to the US dollar before the end of December 2025The cedi is currently trading at GH¢12.00 to one dollar at the forex bureau and selling at GH¢10.92 on the interbank market.The cedi has been one of the best-performing cur

Ultimate Uganda

Ssenga Nantume shares traumatic experience with a ‘musama’ that changed her perspective on relationships
Tourism board, hotel owners lock horns over new licences

Tourism board, hotel owners lock horns over new licences

Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The board, that by the law, regulates the hospitality sector issued a warning that those facilities operating without a l

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74 financial institutions now access NIRA database, says BoU

74 financial institutions now access NIRA database, says BoU

Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr

Ultimate Uganda