Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 bill...
Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered c...
Hassan Lutaaya, a boda boda rider from Kitaara, Entebbe Municipality, has been remanded to Luzira Prison until December 12, 2024, on allegations of defrauding Shs 600 mil...
Sudan has cancelled a port deal with the United Arab Emirates in an apparent protest at Abu Dhabi for its supposed support for the Rapid Support Forces, the paramilitary...
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...
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coff...
Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The...
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 Tanz...
In 2023, heartbreaks had started cropping up almost every week had it not been the Ministry of Health to impose breaks on the then trending DNA tests where several labora...
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 d...
