Economy still faces several risks, says BoU
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...
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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...
NUP, Lukwago to fight over the Lord Mayor’s seat
Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him.Â...
Tunisia votes for president with Saied's main opponents in jail
Tunisia's election on Sunday pits President Kais Saied, who rights groups say has removed most democratic checks on his power, against a candidate who was suddenly jailed...
Govt pushes for mercury free options for artisanal miners
The government has renewed its call to phase out the use of mercury among Artisanal and Small-Scale Gold Miners (ASGM), citing severe health risks and environmental pollu...
Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Li...
IGG recovers Shs2.3b in confiscated assets of thieving public officials
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b mark...
SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO...
BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption
MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ t...
Inside proposal to revive tea farming
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which...