The proposed Protection of Sovereignty Bill, 2026, is emerging as one of the most contested legislative efforts in recent years; praised by backers, especially government officials, as a necessary safeguard...
The Bank of Uganda has officially launched a three year pilot Domestic Gold Purchase Programme, in a move aimed at strengthening and diversifying Uganda’s foreign exchange reserves through the purchase...
The Court of Appeal has upheld a finding that Uganda Development Bank Limited (UDB) breached a financing agreement with agro-processing firm Afro-Kai Ltd, affirming the bank’s liability for withdrawing a...
As the clock ticks toward June, when the current term of Insurance Regulatory Authority (IRA) Chief Executive Officer Ibrahim Kaddunabbi Lubega is expected to expire, a quiet but palpable tension...
Uganda Airlines has announced the return to service of its aircraft, registration 5X-NIL, a Airbus A330-800neo, marking a major step in restoring long haul capacity and resuming flights to Dubai....
The deadly Covid-19 disease caused by the novel Coronavirus, may have no clear-cut treatment- but as it appears, prevention seems to be the most sustainable way of managing the disease…
Ecobank Uganda, this week released their 2019 results, reporting a 60 per cent increment in the bank’s assets from UGX420 billion in 2018 to UGX671.3 billion at the end of…
Bank of Africa Uganda has released their 2019 results, reporting a 33per cent increment in net profit on the bank of double-digit growth in lending. “Client lending activity remained strong…
President Yoweri Kaguta Museveni has reportedly donated half his salary to government efforts to fight the Covid-19 disease. According to @GovUganda, the Official Twitter Account for Government of Uganda, the…
All the 2,400 samples tested on April 28th, 2020 returned negative for Covid-19, the Ministry of Health has reported. In a late-night 11:47 pm tweet on April 28th, the Ministry…
80per cent of Ugandans who took part in a Geopoll Survey say the government has done enough to stop Covid-19 spread. The survey, titled: Coronavirus in Sub-Saharan Africa; how Africans…
Starting off with a handful of customers seeking to purchase houses for their homes in 1967, Housing Finance Bank (HFB) has since grown to touch and change lives in thousands…
Pope Francis has accepted the resignation of Archbishop Paul Bakyenga of Mbarara Archidiocese and has appointed, Auxiliary Bishop Lambert Bainomugisha as the new Archbishop of Mbarara, www.vaticannews.va has reported. Vatican…
Parliament of Uganda, sitting on April 24th 2020, passed the Appropriation Bill 2020, approving UGX45.5 trillion budget for the next Financial Year- 2020/2021. This is a 12.3% increase from last…
KAMPALA, April 24th, 2020; Yesterday, eleven (11) new COVID-19 (Corona Virus) cases were reported; 6 Tanzanian truck drivers who arrived into Uganda, via the Mutukula border post and 5 Kenyan truck…