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...
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...
Ugandans studying in India have highlighted the need for economic independence and noted that one way of achieving this is by embracing local produce. This was on October...
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher infla...
Democratic Republic of Congo has accused Rwanda of creating obstacles in ongoing negotiations to resolve the M23 rebel conflict in eastern Congo that has displaced more t...
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to pro...
The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new...
A gruesome hours-long gang attack in Haiti a couple of days ago left dozens dead, torching homes and cars, while forcing thousands more to run for their lives, in the lat...
Fufa celebrated 100 years of existence on Friday as a prelude to the centurion annual general meeting in Wakiso District. However, Ugandan football history dates back to...
This past week, panic has gripped East Africans in the Middle East as Lebanon came under a hail of fire from Israel and tensions between Tel Aviv and Iran reached a...
Rwandan Foreign Minister Olivier Nduhungirehe said on Saturday his Congolese counterpart had refused to sign an agreed deal to help resolve the M23 rebel conflict in east...