National
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Col. Nakalema engages mining sector stakeholders to shape Uganda’s mineral future
KAMPALA, November 1, 2024 — The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema, has urged stakeholders in Uganda’s mining sector to protect and promote the industry, highlighting…
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Dissolving UCDA is a strategic blunder for gov’t & political suicide for MPs
BUHWEJU, October 31, 2024 — For the second time this year, the Ugandan Parliament has been forced to deliberate on the Uganda Coffee Development Bill 2024 — the Bill that seeks to…
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Stanbic Bank cuts interest rate to 19.50 percent
KAMPALA, October 30, 2024 — Uganda’s largest bank by assets, Stanbic Bank, has reduced its local currency prime lending rate [PLR] to 19.50 percent from 19.75 percent, effective December 1, 2024. This…
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UTB to crack down on unlicensed accommodation facilities
KAMPALA, October 29, 2024 — Following a notice issued earlier this month about the impending closure of unlicensed accommodation facilities next month the Uganda Tourism Board [UTB] has launched an enforcement initiative to…
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Museveni castigates NAADS, UCDA as he lauds Operation Wealth Creation in statement
KAMPALA, October 29, 2024 — On October 27, 2024, President Museveni gave more reasons why UCDA should be abolished, having made another statement on the same a day earlier. In the latest…
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Ony13 percent of Ugandans use Internet for business – report
KAMPALA, October 28, 2024 – Only 13 percent of Ugandans use the Internet for business, according to research by the International Telecommunication Union [ITU] on consumption and usage of communication services. The research…
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MPs question excess budget releases for districts
KAMPALA, October 24, 2024 — Parliament’s Committee on Public Accounts [Local Government ] has questioned the motive behind excess release of budgets to districts saying that this has contributed to low absorption…
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Forestry Authority pushed to Water ministry
KAMPALA, October 24, 2024 – Parliament has passed the National Forestry and Tree Planting [Amendment] Bill, 2024, as part of the ongoing government policy on rationalisation of its agencies. The Bill aims…
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UMRA and Post Bank sign MoU to digitalise SACCO operations
KAMPALA, October 23, 2024 – The Uganda Microfinance Regulatory Authority [UMRA] and Post Bank Uganda have signed a memorandum of understanding (MoU) aimed at digitalising the operations of all Savings and Credit…
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Uganda Martyrs honoured at Vatican celebration
ROME, October 22, 2024 – President Yoweri Museveni has praised the impact of Christianity on Uganda while marking the 60th anniversary of the canonisation of the Uganda Martyrs. In a speech delivered…
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