During the last seven months, the stock has been on a steady climb, partly linked to the bank's earnings performance. Crossing the sh100 threshold for the first time in its trading history on the USE marks a symbolic moment for a stock that has traditionally traded in double digits.
Speaking to journalists on August 19 at Kalerwe Market in Kampala, MTN Mobile Money (MoMo) said it has launched a nationwide financial literacy campaign aimed at teaching MoMo customers how to borrow responsibly, repay on time and use digital credit as a genuine stepping stone.
The shilling closed the day at 3725 / 3735, softer than the opening levels of 3715 / 3725.
The Union’s chairperson, Gideon Mugulusi, said planners must move beyond preparing plans and reports for compliance and instead play a strategic role in translating Uganda’s Vision 2040 and other national development priorities into tangible improvements in communities.
Kenneth Rubango, the outgoing president of Muyenga Tankhill Rotary Club, said the benefits of the programme were expected to extend beyond the 20 direct beneficiaries.
More than 160 companies and organisations were recognised for excellence under the theme “Celebrating Excellence, Inspiring Innovation.”
Traders said the weakness in the local unit came despite dollar support from remittance inflows and commodity exporters.
Barugahara questioned District Engineer Ronald Baluku on how he had allowed the construction of a facility that did not offer value for money.
“We call upon all miners across the country to collaborate and abide by the mining laws. We shall stand and support them,” Nyamutoro said. The minerals minister said the government was particularly concerned about the health risks faced by miners, including respiratory illnesses associated with prolonged exposure to dust.
It is also an illicit zone where traders openly explain why they prefer panya routes to customs, where brokers use coded hand signals to identify vehicles heading towards Kampala and where enforcement officers admit that they know many of the porous routes, but cannot monitor them all at the same time.
“The contrast was made clear when delegates pointed to South Africa, where strategic positioning of Ankole genetics has created a booming luxury market. Just last month, in July 2026, an Ankole bull named Omega fetched a record-breaking R5.5m (about $300,000) in a private sale, driven purely by its superior genetics and striking horn development,” a statement issued by Ugandan officials in Washington noted.
The New Vision has learnt that on August 12 August, at around 9:00pm, HUT8, an online cryptocurrency mining firm without a record of company registration in Uganda as per Uganda Registration Services Bureau (URSB) records, went dark. It closed out several investors after days of tension, including threats to either deposit and invest or risk having their accounts deleted.
The Participatory Guarantee System (PGS), a locally driven quality assurance scheme, is giving Ugandan farmer groups an opportunity to turn sustainable farming practices into a market advantage by demonstrating the quality and integrity of their produce.
The organisers say participation has grown sharply since the event began, rising from 800 runners from four countries in 2022 to 2,200 runners from 17 countries in 2023. In 2024, participation reached 4,000 runners from 33 countries, before increasing to 6,000 runners from 36 countries last year.
“Police have also written to the National Identification and Registration Authority (NIRA) to obtain the full particulars of the registered owners of the recovered National Identification Cards. In addition, inquiries are being conducted with Airtel and MTN to establish whether the suspects were authorised agents of the respective companies,” he added.
“We should not be known for gorillas alone. Imagine he did not know that there is safari in Uganda. He first went to another country and then came here for gorilla tracking. That means we need to do a lot as a country in terms of marketing and packaging so that we are not only known for gorillas, but also other tourist attractions. We have so much more,” Tayebwa said.
It is alleged that during the transactions, Ikuna and others used SFC Special Forces Command (SFC) letterheads in some of the communications to dupe their target into believing that they were originating from the institution and that they were executing the deal on behalf of the government of Uganda.
“Ferry services across the Laropi-Umi Ferry route will be halted temporarily from August 10 to 25, 2026, to enable our technical team to undertake the necessary maintenance interventions,” the notice states.
According to the update, 1,536km of the pipeline, representing 99.5% of the entire EACOP network, have been welded. Of these, 1,441km (representing 93%) have been lowered into the trench, while 90% has since been buried in the ground, with restoration activities taking place in both Uganda and Tanzania.