Foreign reserves fall to all time low
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 detail...
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50% of agribusiness loan requests rejected - BoU
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by th...
Better Stop Your Confusion, We’re Banyarwanda Not Rwandans: Mbidde Roars As Umubano Association Demands Constitutional Amendment
Banyarwanda under their umbrella organization The Uganda Banyarwanda Cultural Development Association (UMUBANO) have today addressed the press at Speke Hotel Kampala wher...
Who holds the largest share of govt's domestic debt
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...
It’s time for netball to turn page for good
Few statements are as loosely used as ânew era or a new dawnâ. We are such a positive society that we celebrate almost every change. Our hope is never diminishe...
Muhereza Kyamutetera Appointed CEO of Uganda Tourism Association
The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes a...
Tooro tea farmers frustrated as prices remain low
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87...
Stardew Valley's Awaited 1.6 Update: Why PC Got It First and What to Expect on Console
Stardew Valley's creator, Eric 'ConcernedApe' Barone, has been diligently working on the highly anticipated 1.6 update for most of the year. The update initially launched...
Uganda earned $1.35b from coffee exports in last 12 months- UCDA
Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the ov...
Let diplomatic passports be for the right people
Recent reports that the Ugandan government is investigating the issuance of diplomatic passports to ordinary citizens are both alarming and necessary. Diplomatic passport...