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Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

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

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UWA Defends UGX10Bn Helicopter Plan as James Musinguzi Explains Bigger Conservation Strategy

UWA Defends UGX10Bn Helicopter Plan as James Musinguzi Explains Bigger Conservation Strategy

The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost and sustainability of the proposal.But according to UWA Executive Director James Musinguzi, the helicopter is not a luxur

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KCCA Demolishes Illegal Kiosks in Kampala Crackdown, Cites 4,000 Vacant Market Stalls

KCCA Demolishes Illegal Kiosks in Kampala Crackdown, Cites 4,000 Vacant Market Stalls

KAMPALA — Kampala Capital City Authority (KCCA) enforcement teams, backed by police, demolished dozens of illegal roadside kiosks and structures overnight into Friday, escalating a citywide crackdown aimed at restoring order in the capital’s central business district.The operation foll

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Insurance players tipped to leverage booming Ugandan economy

Insurance players tipped to leverage booming Ugandan economy

With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to

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Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Kampala, Uganda: The High Court (Commercial Division) has ordered M/S Muwema & Co. Advocates to pay a total of USD 372,300 (approx. Shs1.34bn) in rent arrears and mesne profits, and to immediately vacate prime premises in Kololo following a protracted lease dispute with Downtown Investments L

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BREAKING! Mbale City Woman MP-Elect Officially Declares Bid for Speaker of 12th Parliament

BREAKING! Mbale City Woman MP-Elect Officially Declares Bid for Speaker of 12th Parliament

The newly elected Mbale City Woman MP, Lydia Wanyoto Mutende, has officially declared her intention to contest for the position of Speaker of the 12th Parliament.She made the declaration today, Friday, 20th February, 2026 during a press conference held at House 49 in Malukhu, Mbale Industr

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Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

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

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Porous Borders Fuel Illicit Firearms Trade in Karamoja

Porous Borders Fuel Illicit Firearms Trade in Karamoja

The free movement of people and goods across these borders has facilitated the influx of weapons. The border stretches from Amudat through Moroto, Kotido, Kaabong, and Karenga is particularly porous, allowing communities from neighboring countries to enter Karamoja illegally.Porous borders

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Guard Arrested After Midnight Robbery Attempt in Bushenyi

Guard Arrested After Midnight Robbery Attempt in Bushenyi

Police in Bushenyi District are investigating an alleged aggravated robbery that occurred shortly after midnight on February 18, 2026, at Katooma Cell, Ryeishe Parish, Ibaare Sub-county.The suspect, identified as Kankiriho Ramathan, also known as Samuel, 21, is a security guard attached to

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I Am Younger Than My Man – Carol Nantongo Fires Back at Critics

I Am Younger Than My Man – Carol Nantongo Fires Back at Critics

Musician Carol Nantogo has told off critics who claim she is older than her fiancé, insisting that she is in fact younger than her man, it has emerged.The singer recently came under fire from social media in-laws who questioned her age and suitability for her husband-to-be.Speaking

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