War Resumes As US, Iran Trade Strikes
The IRGC on Wednesday struck US military installations in Bahrain and Kuwait, where local air defense systems struggled to fend off missile volleys and repel drone swarms...
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“currency”
Uganda Shilling rebounds as government eyes oil-era forex inflows
Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for fore...
Mbarara airport dream runs into viability headwinds
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. W...
Uganda Gold Scam Turns Deadly as British-Zimbabwean Buyer Is Killed
Gold scams in Uganda are becoming increasingly violent, with criminals now using firearms, abductions and killings instead of relying only on fake documents to defraud bu...
Manchester United finalizes imminent transfer of Ederson from Atalanta
Brazilian midfielder confirms move is 'almost done' as United invests £34 million to rebuild its engine roomEderson, the Brazilian midfielder who has spent the last seve...
The shilling keeps depreciating against the dollar. Here's what Ugandans are doing about it
If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordi...
HUGE SCANDAL! Newplan Boss Omulen Cited In Fake Money Racket As 11 Are Caged Over Sh11bn ‘Industrial Park’ Land Scam
sensational fraud case involving billions of shillings, allegations of counterfeit currency and a prominent Ugandan businessman has exploded in court after consultancy fi...
Eleven Remanded Over Alleged Shs11Bn Industrial Park Investment Fraud
Eleven suspects accused of defrauding a businessman of more than $2.5 million(approximately shs11 billion) and laundering the proceeds have been remanded to Luzira Prison...
BoU limits daily cash withdrawals for individuals to Shs50m
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to resh...
Court bars RDCs, security from interfering with bailiffs’work
The Constitutional Court has outlawed the practice of Resident District Commissioners (RDCs), security agencies and local government officials interfering with the execut...