The Uganda Investment Authority (UIA), under the leadership of Robert Mukiza, in collaboration with Louis Arinaitwe, the Country Director for Trade at the British High Commission (BHC), has become embroiled in a significant scandal.
Japanese Princess Yuriko has died aged 101 after her health deteriorated recently, palace officials said.Yuriko was the wife of wartime Emperor Hirohitoâs brother and the oldest member of the imperial family. She died on Friday at a Tokyo hospital, the Imperial Household Agency said.
Film is a sensory medium that the viewer fully immerses themselves in. As they follow the characters who capture their imagination subliminally, they absorb other elements of Uganda’s culture, heritage, colours and food that a film director cleverly crafts within the story as subtext.
At 10:14am presiding judge Isaac Muwata walks into a fully-packed courtroom The court clerk calls for the Henry Katanga murder case file as the suspects who appear physically in court, head to the dock. Assistant Director of Public prosecution (DPP) Samali Wakooli, introduces the pro
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
The government has terminated its agreement with Tibet-Hima Mining Company for the management and operation of Kilembe Mines, which is a major step forward for Uganda's mining industry.This judgment was taken in r
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Five months after its launch, Zimbabweâs new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the governmentâs plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the
Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t
In the wake of the ICC Men's Cricket World Cup Qualifiers, Uganda is set to take on Papua New Guinea (PNG) in a four-match bilateral series, renewing a rivalry forged on the world stage. This series, starting Wednesday and to hosted at the picturesque Entebbe Oval, promises an exciting
