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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

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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

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Pearl Bank fired employee for losses it had already linked to bad weather. They have to pay him Shs 78m

Pearl Bank fired employee for losses it had already linked to bad weather. They have to pay him Shs 78m

Pearl Bank (formerly PostBank) has been ordered by the Industrial Court to pay Shs 78.9 million to a senior manager it unfairly and unlawfully dismissed nine years ago.Paul Ndhego joined PostBank in May 2009 as a branch manager before rising through several positions. By December 2012, he

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Breaking: U.S. Embassy Briefs Gov’t on Amb Ayebare Renunciation Process

Breaking: U.S. Embassy Briefs Gov’t on Amb Ayebare Renunciation Process

The United States Embassy has provided Ugandan authorities with additional information regarding Foreign Affairs Minister-designate Adonia Ayebare’s citizenship renunciation process, as President Yoweri Museveni reviews the status of four ministerial nominees whose swearing-in was postponed ove

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Violent crimes continue to unsettle Ugandans

Violent crimes continue to unsettle Ugandans

The killing of Rugby Cranes player Sydney Gongodyo by a mob in Kira in Kampala on Friday has renewed concerns about public safety and the growing incidence of mob justice amid reports of murder, robbery and theft in different parts of the country.Gongodyo, 27, was allegedly attacked by an

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Mubaje Urges Muslims to Embrace Self-Reliance as Nakaloke Mosque Construction Gains Momentum

Mubaje Urges Muslims to Embrace Self-Reliance as Nakaloke Mosque Construction Gains Momentum

The Mufti of Uganda, Sheikh Shaban Ramadhan Mubaje, has called on Muslims to prioritise self-reliance and collective responsibility in funding Islamic development projects, as the Shs3.5 billion Nakaloke Central Mosque in Mbale City reaches 40 percent completion with renewed fundraising support.

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Opposition MP Betty Nambooze Praises Gen David Muhoozi’s Humility in Rare Tribute

Opposition MP Betty Nambooze Praises Gen David Muhoozi’s Humility in Rare Tribute

KAMPALA, Uganda — Mukono Municipality Member of Parliament Betty Bakireke Nambooze has paid an uncommon tribute to former Chief of Defence Forces (CDF) Gen. David Muhoozi, describing him as a model of humility, professionalism, and composure—qualities she believes are increasingly rare in pub

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Ukraine launches massive attack on Russia hours after Putin snubs 'rude' Zelensky

Ukraine launches massive attack on Russia hours after Putin snubs 'rude' Zelensky

massive Ukrainian drone strike has left a number of key Russian military sites up in flames, just hours after Vladimir Putin snubbed Volodymyr Zelensky’s call for face-to-face talks to end the war.Kyiv launched a series of strikes at targets across Russia overnight on June 6, striking th

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16 players who could use World Cup to get a big transfer in Europe

16 players who could use World Cup to get a big transfer in Europe

The FIFA World Cup is the biggest stage in sports, and thanks to an expanded 48-team format for 2026, every player knows this is the biggest audience they'll ever command.It's the kind of spectacle that can launch careers and generate blockbuster transfers, as excitement over particular pl

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Fuel tankers must get off roads once oil pipeline is complete – Museveni

Fuel tankers must get off roads once oil pipeline is complete – Museveni

Kampala, Uganda: President Yoweri Museveni has renewed a push to move petroleum transportation off Uganda’s roads and into pipelines, a strategy that could dramatically reduce the number of fuel tankers on the country’s highways.While delivering his State of the Nation Address at Kolol

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