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Jun 51 results
06:50
06:50

BoU Governor Commissions New Shs.430M OPD at Ayago HCIII Bank of Uganda 3 6

Michael Atingi-Ego, the Governor Bank of Uganda, explained that Ayago HC III was chosen because of its strategic location and potential to boost economic development.
10:00
10:00

‘Forget Trump, Treat Your Sick People’ Professor Nuwagaba Tells Uganda Bank of Uganda, BOU 3 2 Top story

Nuwagaba was non apologetic saying Uganda did not take an agreement with Trump that he was going to treat Uganda’s sick people forever.
12:57
12:57

Court Extends Summons to Exodus SACCO Bosses for Illegal Money Lending Attorney General

The summons, initially issued in November 2024, was extended on Monday when the complainant in this case, Steven Kalali, appeared to follow up on the matter. The summons were extended until February 26, 2025.
15:05
15:05

To Worry or Not over 2025/26 Budget Uganda

Faced with declining external financing, the government has to make its priorities right to ensure that the available resources are optimally utilized, but fears are that this might hurt other sectors, especially social services and agriculture.
11:13
11:13

Gulu Reduces Food Losses with New Innovations Gulu District 4 1

The crop losses in the district over the years had stood at 40% according to records from the production department, but the losses dropped to 32% in the 2024 farming season with innovations for farmers.
07:57
07:57

Govt, Foundation Bodies Reach Agreement on School Land Ownership body 1 2 Top story

Uganda Radio Network has learned that the breakthrough occurred during a high-level meeting at the State House last week, chaired by President Yoweri Museveni.
14:18
14:18

"Loan Repayments Are Chocking Uganda" Says Ocailap Debt sustainability 2 2 Top story

The Deputy Secretary to Treasury says a lot of money is being allocated to debt servicing with little remaining to finance growth. He says there is an urgent need to reform the international finance architecture.
18:09
18:09

MP Akamba Rearrested in Court Premises After Securing Bail corruption 1

During the scuffle, some individuals were kicked and battered as they tried to obstruct the MP's rearrest.
07:16
07:16

Gov't Programs Hit With UGX 3 Trillion Funding Gap government

In the first seven months of 2023/2024, government expenditure was 20.68 trillion, out of the 24 trillion that had been planned, with interest payments shooting by 47 billion beyond the budgeted.
08:30
08:30

DP Wants Rules of Procedure of Parliament Amended to Enforce Discipline Bank of Uganda 3

Under the multi-party dispensation, Dr. Gerald Siranda Blacks, the DP’s Secretary General argues that the Administration of Parliament Act and Rule 196 of the Rules of Procedure of Parliament allows parties to nominate members for designation by their respective Whips in the House but the same rules undermine powers to recall the nominees.
10:01
10:01

30-Year Legacy in Ruins: Lungujja Progressive School Falls Victim to Loan-Property Sale Scandal state attorney 1 Top story

Founded by Sarah Nabuuma Nyanzi, the school commenced its journey with merely two pupils in a modest boys' quarter of her Lungujja residence in 1995. With determination, Nyanzi painstakingly built the school brick by brick.
10:26
10:26

Farmers Wants Agricultural Credit Facility Channeled Through Chamber of Commerce Bank of Uganda 5

Bernard Ogwang, the Manager Stanbic Bank in Northern Region explained that most farmers have failed to benefit from the funds because they do not have a clear flow to help in paying back the loans.
13:47
13:47

Women Still Lagging Despite Efforts Towards Popularizing Digital Finance- EPRC financial inclusion 1

Ibrahim Kasirye the Director of Research at the think tank said women still lack simple things like the National Identity Card which are vital for account opening or accessing digital financial services. He says many women also need permission from their spouses to open a bank account.
11:00
11:00

Sharia Advisory Council No Longer Required for Rolling Out Islamic Banking tax regimes 1 1

Kiryowa Kiwanuka, the Attorney General explained to the House that maintaining in the Financial Institutions Act a provision for the Shariah Advisory Council would complicate the Central Bank’s supervisory mandate over a product it has helped to create.
13:13
13:13

Tax Expert Cautions Parliament on Enactment of Islamic Banking Law Bank of Uganda 1 1

Cephas Birungyi, a Team Leader at Birungyi, Barata & Associates and a representative of the Uganda Law Society underscored the need for a cautious approach in implementing the proposed legislation on Islamic Banking.
17:51
17:51

Banks Coin Cheap Credit for Exporters as Pandemic-era Loan Arrears Bite Bank of Uganda 1 6 Top story

Goods manufactured in Uganda for export to the region include construction products like cement, steel bars, iron sheets, and paint, among others. Fast-moving consumer goods include scholastic materials, personal care products like cosmetics, textiles, foam products etc.
19:59
19:59

Twaweza Report Warns of Sharp Rise in Cost of Living Bank of Uganda 2 1 Top story

According to the latest survey by Twaweza’s Sauti Za Wanainchi, market prices for staple foods have risen sharply approaching levels of 2017 when the East Africa region experienced food insecurity due to drought.
09:26
09:26

The Rise and Fall of Afriland: Did BOU Underrate the Bank's Challenges? Bank of Uganda

Afriland First Bank Uganda will go into Uganda’s history books as the first commercial bank to voluntarily close shop and quit the market.
18:22
18:22

Vintage Car Owners Lobby Parliament to Preserve Original Plate Numbers Bank of Uganda 1

Speaking at the flag-off, the Uganda Vintage Car Club President, James Ayo, said that many of them have been forced to re-register their cars using the current registration and number plate series when changing ownership or acquiring vehicle insurance.
Jun 51 results