Bank of Uganda launches three-year pilot to buy domestic gold for reserves
The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from d...
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World Bank Concerned Over Uganda’s Growth Not Corresponding With Improvement In People’s Livelihoods
The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods.Ndiame Di...
Nicholas Mukasa Appointed Bank of Namibia Deputy Governor
Nicholas Mukasa, the newly appointed Deputy Governor of Bank of NamibiaThe Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking...
Henry Musasizi Commends Progress at Ntungamo Coffee Park
The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has appreciated the progress of the Inspire Africa Coffee Park in Ntungamo during a...
FUFA Unveils New Secretariat Leadership
Sheba Ampaire Ronah is the new FUFA deputy CEOThe Federation of Uganda Football Associations (FUFA) has announced a new top management team following the approval of a re...
Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm
KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal m...
MPs warn it could take 48 years to clear Uganda’s Shs8.4t domestic arrears
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been tol...
Tycoon Sudhir’s luxury One Ten Apartment Tower in Kololo gains shape
Tycoon Sudhir Ruparelia’s ambitious luxury residential development, the One Ten Apartments, is steadily rising in Kololo as one of the most prominent high-end property...
URA Women Conference 2026: Masaka Businesswomen Trained on Rental Tax as URA Pushes for Stronger Compliance
Women entrepreneurs in Masaka have received practical lessons on rental income tax as Uganda Revenue Authority stepped up efforts to strengthen tax education among women...
Slain Ayatollah’s son & frontrunner for Supreme Leader is ‘injured in assassination attempt’ during air strike
THE slain Ayatollah’s son and frontrunner to become Iran’s next Supreme Leader has been injured in an Israeli strike, reports say.Mojtaba Khamenei, 56, is believed to...