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
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
Salon Owners at the Equity Bank Salon Owners Seminar at Pope Paul Memorial Centre LubagaKAMPALA, Uganda — Two years ago, Jessica Muteteri’s salon was failing. Rent was overdue, utility bills were mounting and staff wages felt like a chokehold on her enterprise.The struggle chang
Insider sources allege a quiet legal consultations aimed at challenging Joan Namutaawe’s Masaka District Woman MP election victory, though no petition has yet been filed.A photo collage of Masaka District Woman MP-elect Joan Namutaawe (NUP) and NRM candidate Joanita Nalule, whose closely
BuroraKampala – Defeated NRM candidate Herbert Anderson Burora has accused Minister of State for Youth and Children Affairs, Balaam Barugahara, of facilitating what he termed a “false declaration” of Nakawa West MP Joel Ssenyonyi during the January 15, 2026 general elections.I
Zombo education officials have urged Grade III teachers to upgrade to bachelor’s degrees as Uganda’s National Teacher Policy transition deadline approaches.Zombo, Uganda: Education authorities in Zombo District have intensified calls for primary school teachers holding Grade III certif
On Saturday, Yusuf Nsibambi visited Bulange Mengo to participate in a talk show dubbed Parliament Yaffe, which features on Kabaka’s CBS radio every Saturday 10am-12pm.He was here to defend and rationalize his deal-making antics which saw him a few days ago lead a faction of opposition of
The race for the Speakership in the 12th Parliament moved up a gear this week, with the two leading candidates ripping along at a cracking pace. Following Mr Norbert Mao’s opening gambit, in which the president-general of Uganda’s oldest party—the Democratic Party (DP)—made clear that “
Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
Catherine Kijjagulwe has been named head of markets at Absa Bank Uganda. Learn more about her professional background in financial markets and her new leadership role at the bank.KAMPALA, Uganda — Absa Bank Uganda has named Catherine Kijjagulwe as its new head of markets, the bank announ
