Tanzania: Samia Suluhu Appoints Former Finance Minister as new Prime Minister
Dodoma – President Samia Suluhu Hassan has named Dr. Mwigulu Nchemba, her long-serving former Finance Minister, as Tanzania’s new Prime Minister.The appoint...
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Gold extends rise as Trump signs deal to lift shutdown.
Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the...
Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked
Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is...
Museveni’s “Do You Sleep on the Road?†comment sparks fury over Kotido’s impassable roads
Residents push a truck stuck in the mud along the Soroti–Abim–Kotido road. Local leaders have urged the government to prioritize tarmacking Karamoja’...
Uganda’s rising debt, shrinking lives
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime...
Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 tri...
Uganda Must Partner with Experts, Law Enforcement to Guard Against Cybersecurity Threats
Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the glo...
Museveni Orders Govt Bailout for Late Aponye’s Business Empire
President Museveni has directed Prime Minister Robinah Nabbanja to spearhead a government-led intervention to rescue the ailing business empire of the late tycoon Apollo...
Rukiga Celebrates Senior Economist Patrick Katabazi
Residents gathered at Buzooba Church of Uganda in Rukiga District to celebrate senior economist Patrick Kiconco Katabazi during a thanksgiving event.Community members pra...
Brown Sugar Prices Spike as Global Weather Shocks Disrupt Supply
The price of brown sugar has soared across Uganda, with consumers and traders alike feeling the pinch of global supply disruptions and erratic weather that has battered p...