BoU Directs Banks to Submit Plans for $500bn Credit Expansion
BoU governor Atingi-Ego speaking at the Financial Services’ second annual research conference in Kampala this past weekKAMPALA — Bank of Uganda has directed supervise...
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Govt targets 1.5 million hectares under irrigation by 2040
Despite rising investments, most Ugandan farmers remain exposed to drought due to limited irrigation access. Photo / File The government has set a target of putting 1.5 m...
LEGS LOAN CRISIS! Sh2.7Bn MSC Lending Scandal, Sh62.53Bn Write-Offs and 52% Default Rate Expose Microfinance Support Centre Collapse Under Rural Growth Programme
A deepening financial crisis has engulfed the Microfinance Support Centre (MSC), the main lending arm of Government’s Local Economic Growth Support Project (LEGS), afte...
Iran president admits citizens facing ‘many problems’ amid US sanctions
Iranian President Masoud Pezeshkian has acknowledged the mounting economic difficulties confronting citizens as the United States intensifies sanctions aimed at further i...
FIRST BISHOP! Museveni’s Daughter Patience Rwabwogo Consecrated in Historic Ceremony at Covenant Hill
MAYA, WAKISO — Pastor Patience Museveni Rwabwogo has taken on a new level of responsibility in Christian ministry after being consecrated as an Episcopal Bishop during...
Finance minister pledges gov’t support as Roofings unveils $125 million steel plant in Namanve
Finance Minister Henry Musasizi has pledged continued government support for Uganda’s manufacturing sector as the country pushes to expand local production, value addit...
Iran’s leaders fear another uprising and the return of the ‘Suppression Sheikh’ proves it
Iran’s leaders fear another uprising and the return of the ‘Suppression Sheikh’ proves itEven as the Islamic Republic fights an external war, its leadership appears...
Nyamutoro launches Euro Gold mining site in Yumbe, company targets 80kg of gold monthly
Nyamutoro launches Euro Gold mining site in Yumbe, company targets 80kg of gold monthlyMore than 1,000 jobs are expected to be created in West Nile following the launch o...
Bahati Urges East Africa to Turn $650bn Import Bill Into Industrial Opportunity
Minister Bahati addressing the 3rd Industrialisation Conference 2026 in Kampala this weekKAMPALA — State Minister for Industry David Bahati has urged East African count...
MP Malende challenges Govt over plight of evicted Kampala street vendors
Kampala District Woman Representative Shamim Malende has called on the government to provide affordable and accessible trading spaces for street vendors and hawkers wh...