News

Global economic uncertainties due to covid 19 are highly projected to continue into 2022 as the pandemic starts its third year.  And this, among other factors, will have negative effects on the Ugandan economy next year, according to the analysis by the Bank of Uganda.    Global economies have been

Maj Gen Kayanja Muhanga, the head of operation against the ADF The spokesperson of the UPDF Mountain Division Maj. Peter Mugisa has said that the recent capture of Kambi Ya Yua, a much-revered base for the Allied Democratic Forces-ADF, is a milestone in the battle against terrorism in the region.

Uganda’s stock market saw a big leap in growth in 2021, thanks to the listing of MTN Uganda shares, after more than three years of near-stagnation with limited activity. Over the year, the total value of the stocks of the locally listed companies, or the total market capitalization of the

Security agencies have banned the use of fireworks, burning tyres and overnight prayers as Ugandans usher in the New Year, 2022. These have been common rituals on New Year's Eve, bringing together thousands of revellers from across the country to celebrate the end of the year and welcome the new

The Islamic Development Bank (IsDB) is providing USD 86.5 million to finance the development of irrigation schemes in Uganda. The schemes include Unyama in Amuru District, Namalu in Karamoja and Sipi in Bukwo-Sebei, regions. The funding was approved last week as the Bank set aside funding to finance 24 new

South Africa has started a week of mourning events for Archbishop Desmond Tutu, the anti-apartheid icon described as the country’s moral compass.   Tutu, who died on Sunday aged 90, is remembered for his humour and characteristic smile – and above all his fight against injustices of all colours. As

The duty free shop managers and attendants at Entebbe International Airport are not as merry as expected due to low sales at the end of this year. They were expecting to make at least 500 sales a day in the last two weeks of the year. However, they say they

Desmond Tutu (RIP) Renowned Nobel Peace Prize laureate, Archbishop Desmond Mpilo Tutu is dead. The veteran South African cleric, who used his high profile in the Anglican Church to highlight the plight of black South Africans during the white minority rule, died aged 90. South African President Cyril Ramaphosa announced

The Uganda Communication Commission-UCC has asked radio and television stations to avail airtime to government officials to mobilize people for Covid-19 vaccination. In a letter dated December 23rd 2021 and signed by Suzan Wegoye, UCC acting Executive Director, the Commission says it is implementing a directive issued by President Yoweri

Traders dealing in food stuffs in the different markets of Kampala, have attributed high food prices to supply deficits brought about by a number of reasons. Prices of the most cherished food stuff have risen up to 25%. However, the traders say this is not about the Christmas celebrations rather