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....
In simple terms, tell us about the Financial Intelligence Authority, its mandate, and why it’s important for a country like Uganda? The background to this all was the phenomenal growth…
Eskom Uganda Limited, the company running Jinja’s Nalubaale Hydro Power Dam (180MW) and Kiira Hydro Power Dam (200MW), has confirmed that it has totally shut down the Nalubaale Dam to…
Just days after a floating island interrupted power generation at Jinja’s Nalubaale Hydro Power Dam (180MW) and Kiira Hydro Power Dam (200MW), last night, a second floating island made a…
The Central Bank on April 6th released its April 2020 monetary policy statement that among others, reduced the CBR to 8%. It also announced other measures to mitigate especially the…
In one of a kind move, Tugende, a Ugandan social enterprise that provides asset financing to informal sector entrepreneurs and MSMEs, has suspended, for two months, penalties on late repayments…
The forex market was calm with the UGX trading flat for most of the trading sessions as market activity was at the lowest ebb. Market players were seen on the…
Kevin Wingfield, hitherto the Stanbic Bank Uganda Limited, Head Personal and Business Banking (PBB) has been appointed Managing Director for Stanbic Bank Tanzania Limited. The appointment took effect on April…
Rt. Hon Rebecca Kadaga the Speaker of Parliament and Chairperson of the Appointments Committee of Parliament has written to President Yoweri Kaguta Museveni, clearing seasoned economist and Bank of Uganda…
Bank of Uganda has today issued guidelines to all supervised financial institutions, to operationalize the credit relief and loan restructuring measures announced in the Monetary Policy Statement of April 6,…
Individuals and organisations have to date donated 31 motor vehicles and UGX4.6 billion to Government of Uganda’s efforts to fight Covid-19. This is in response to President Museveni’s call to…
