Non-performing loans drop but credit extension remains subduedÂ
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended J...
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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...
Janet to referee polls after dramatic NCHE power play
The Minister of Education and Sports, Ms Janet Museveni, has summoned vice-chancellors and senates of all public universities at State House to elect their representative...
Uganda has navigated post-Covid-19 recovery well, says IMF
The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the...
Bobi Wine, Notorious Land-Grabber Face Off in Kayunga
A seemingly normal burial ceremony turned into a politically charged encounter when Bobi Wine, the leader of the National Unity Platform (NUP), confronted Moses Karangwa...
China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports
A Shein pop-up store in Ottawa, Canada. Photo: ReutersFast-fashion retailer Shein, which thrives on a business model that sells budget made-in-China consumer goods overse...
LEADERSHIP CRISIS! Namirembe Cathedral dispute escalates as Bishop Banja dissolves historic choir
KAMPALA, UGANDA – A long-standing dispute at St Paul’s Cathedral Namirembe has taken a dramatic turn after Bishop Moses Banja dissolved the cathedral�...
Chaos as Bobi Wine, Mpuuga, Bwanika face off at NUP member’s funeral
Ugly scenes played out on Saturday evening as top leaders of the opposition National Unity Platform exchanged bitterly the funeral of a party member in Lwengo district.Bw...
China-US relationship is more stable but still at risk if ‘red lines’ are crossed, Wang tells Blinken in Beijing
China’s Foreign Minister Wang Yi, right, gestures to US Secretary of State Antony Blinken at the Diaoyutai State Guesthouse on Friday. Photo: APChina has warned vi...
Israel's brutal revenge on Iran begins with fighter jets hammering targets across border
Israel has launched retaliatory strikes in southern Lebanon against Hezbollah's attacks.Israel launched new strikes in Lebanon against Hezbollah (Image: @ForsigeNews)In a...