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
Mustafa Kizza became the latest Ugandan player to find a new home abroad after joining Egyptian second-division side Telecom. However, his transfer follows a trend that should raise a concern within the local football ecosystem. Kizza’s transfers have been both interesting and controve
Unidentified people abducted, beat and seriously injured a senior Tanzanian opposition party official before dumping her in a forest, her party said on Sunday, a month after a similar abduction and murder of another of its party leaders. The reported cases may taint the reformist image o
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
The first three aircraft manufactured in Tanzania, known as the Skyleader 600, have officially begun operations both domestically and beyond. This significant milestone was announced by the Director of Airplanes Africa Limited (AAL), Mr David Grolig, following the arrival of the first Sk
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the country
Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline i
It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling better and all the small wounds on the skin are covering up. However, there is still excruciating pain in the inner part
Tanzania's main opposition party has called for telecoms firm Tigo to respond to a former employee's accusation that the company helped the government track the location of an opponent who was later targeted in a failed assassination attempt. A former worker at Tigo's parent company, Mil
NAIROBI, Kenya (AP) — Tanzanian police arrested several high-profile opposition figures on Monday, including the chairman and deputy chairman of the country’s main opposition party, CHADEMA. The arrests came ahead of planned protests against what the party alleges is a government crackdown on it
