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COVID-19: Full list of donations released...

The Committee's Fundraising goal was set at sh170b and the Committee has now hit 30% of that goal. The Donations are now approximately sh50b, with sh17...

Court petitioned over sale of defunct commercial...

A petition has been filed in the Anti-Corruption Division (ACD) of the High Court asking the court to hold Central Bank officials culpable for the 'dubious'...

Uganda's Economy needs more support - Fitch...

Fitch noted that the domestic political and security environment remains stable, although there is lingering uncertainty around the eventual succession...

URA rolls back taxes to stimulate the economy...

John Rujoki Musinguzi, the URA Commissioner General pointed out in a booklet to announce the tax amendments for the 2020/2021 financial year that COVID-19...

Bank mergers: NCBA bank unveiled

The Bank of Uganda (BoU) gave a letter of no objection for the merger of the two Kenyan based lenders in May. On June 15, the central bank finally issued...

Extra cut to lending rates likely

Bank of Uganda (BoU) is set to make a much-anticipated announcement on its benchmark CBR on Monday, June 7th.

Curfew drops banking hours

According to the Kampala capital City Authority (KCCA), Kampala city roads have a carrying capacity of approximately 45,000.

Parliament approves Atingi-Ego for BOU deputy...

Atingi-Ego replaces Dr Louis Kasekende, who left the central bank after his contract expired in January.

Ugandan banks cut working hours over COVID-19...

Banks will remain closed on weekends and open from 9:00am-3:00pm during weekdays

Post Bank is sound - Central Bank

The Central Bank deputy governor, Louis Kasekende, said the Central Bank “is aware of the issues under investigation” and is working closely with the...

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Autopsy finds cop suffocated black man as US braces for more fury

Autopsy finds cop suffocated black man as...

Minneapolis, United States - An autopsy found Monday that an African-American man whose death has set off nationwide unrest...