BoU Directs Banks to Submit Plans for $500bn Credit Expansion
BoU governor Atingi-Ego speaking at the Financial Services’ second annual research conference in Kampala this past weekKAMPALA — Bank of Uganda has directed supervise...
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LEGS LOAN CRISIS! Sh2.7Bn MSC Lending Scandal, Sh62.53Bn Write-Offs and 52% Default Rate Expose Microfinance Support Centre Collapse Under Rural Growth Programme
A deepening financial crisis has engulfed the Microfinance Support Centre (MSC), the main lending arm of Government’s Local Economic Growth Support Project (LEGS), afte...
Unrecognised Somaliland calls on Cyprus, Greece to recognise it
The 'Republic of Somaliland's' leader Abdirahman Mohamed Abdullahi with Israeli Prime Minister Benjamin NetanyahuThe internationally unrecognised ‘Republic of Somalilan...
Iran’s leaders fear another uprising and the return of the ‘Suppression Sheikh’ proves it
Iran’s leaders fear another uprising and the return of the ‘Suppression Sheikh’ proves itEven as the Islamic Republic fights an external war, its leadership appears...
Uganda Signs Agreement to Establish UNODC Office in Kampala
The Ministry of Foreign Affairs of the Republic of Uganda today hosted the United Nations Office on Drugs and Crime (UNODC) at its headquarters in Kampala, where Uganda a...
UAE missile threat alert lifted after 10 minutes as Iran denies launch claim
UAE Defence Minister Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said its air defence systems detected two ballistic missiles launched from Iran towards the country...
Uganda joins risky military mission in Gaza as it eyes UN top seat
Ugandan army.Uganda is once again turning to one of its most used foreign policy tools, military deployments abroad, as it joins a US-backed stabilisation mission in Gaza...
Namagunga Dismisses Anti-Government Allegations as 800 Girls Complete Patriotism Course
School leaders have rejected claims that Namagunga opposes government education policies, while urging graduates to promote peace, responsible citizenship and Uganda’s...
Musasizi Challenges Treasury Staff to Uphold Integrity, Professionalism in Managing Public Resources
The Minister of Finance, Planning and Economic Development, Henry Musasizi, together with the State Minister for Planning, Amos Lugoloobi, has challenged staff of the Acc...
Press review: US-Iran seek talks as Ukraine ups civilian hits and Syria oil route
MOSCOW, August 4. /TASS/. The US, Iran aim to restart direct negotiations; Ukraine intensifies strikes on civilian infrastructure after an army reshuffle; and Syria could...