Search Results

Uganda maintains highest treasury bill rate in East Africa

Uganda maintains highest treasury bill rate in East Africa

Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.‎‎The data indicates Uganda's position at the top of the regional interest rate rankings

Ultimate Uganda

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the

Ultimate Uganda

Oil pipeline layoffs signal job cuts surge in sector

Oil pipeline layoffs signal job cuts surge in sector

As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked claims of discrimination amid claims of retention of majorly expatriat

Ultimate Uganda

Cristiano Ronaldo 'will not help Portugal' at World Cup as Bruno Fernandes warning issued

Cristiano Ronaldo 'will not help Portugal' at World Cup as Bruno Fernandes warning issued

Cristiano Ronaldo "dominating the whole team" will hamper Portugal at the World Cup, according to John Barnes, who feels his presence and stature could impact on their other players.The Al-Nassr forward is playing at his sixth World Cup this summer at the age of 41 and is still integral to

Ultimate Uganda

Kasuku under fire over remarks about late Sydney Gongodyo’s widow

Kasuku under fire over remarks about late Sydney Gongodyo’s widow

Media personality and YouTuber Isaac Daniel Katende, popularly known as Kasuku, has come under criticism following comments he made about the widow of slain rugby player Sydney Gongodyo.Gongodyo, a 27-year-old forward for the Uganda Rugby Cranes and Stanbic Black Pirates, died on June 5, 2

Ultimate Uganda

How the ‘reckless’ actions of Mukono RDC Ndisaba cost taxpayers Shs 86 million

How the ‘reckless’ actions of Mukono RDC Ndisaba cost taxpayers Shs 86 million

Mukono RDC, Fatuma Nabitaka Ndisaba's actions have cost the taxpayer dearlyThe actions of Fatuma Nabitaka Ndisaba, the RDC for Mukono, have cost taxpayers Shs 86 million after she recklessly intervened in a land dispute and passed judgment with disregard for the law.The High Court i

Ultimate Uganda

No Money for Intern Doctors, But Billions for Big People” — Ssemujju Nganda Attacks Shs84 Trillion Budget

No Money for Intern Doctors, But Billions for Big People” — Ssemujju Nganda Attacks Shs84 Trillion Budget

Former Kira Municipality Member of Parliament Ssemujju Nganda has sharply criticised the newly presented Uganda national budget, questioning what he describes as misplaced priorities in government spending allocations.His remarks come shortly after the presentation of the Shs84.3 trillion

Ultimate Uganda

Money Was There but You Failed! Jacob Oboth Oboth Blasts Predecessors over Stalled Parliament Building, Redirects Speaker’s Office Budget

Money Was There but You Failed! Jacob Oboth Oboth Blasts Predecessors over Stalled Parliament Building, Redirects Speaker’s Office Budget

Oboth Oboth reiterated pledges from his maiden address, declaring “zero tolerance to corruption” and stating, “I have no monies to recover because I didn’t spend [on speaker election campaigns].”He called for a “factory reset” of Parliament — strengthening committee oversig

Ultimate Uganda

Early Morning on TV, Full Figure Curses Anita Among Saying She is the Reason Why P’ple Who Nearly Killed her Never Went to Prison

Early Morning on TV, Full Figure Curses Anita Among Saying She is the Reason Why P’ple Who Nearly Killed her Never Went to Prison

On Tuesday morning, Salt TV’s controversial presenter Full Figure Nakangubi used her slot on the morning show to celebrate the woes that befell former Speaker Anita Among, the woman whose political demise has since attracted euphoria among the long-persecuted and suffocated staffers at Parliame

Ultimate Uganda

Man Utd target Mateus Fernandes could repeat transfer trick to force through move

Man Utd target Mateus Fernandes could repeat transfer trick to force through move

Mateus Fernandes had to personally push through his transfer from Southampton to West Ham last summer - and he may be forced to employ similar tactics if he wants to secure a move to Manchester United.The 21-year-old has been strongly linked with an Old Trafford move this week. Transfer re

Ultimate Uganda