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While the public awaits the President’s decision, Kasaija’s comments suggest the central bank will remain in capable hands, with existing laws providing clear guidance on leadership succession. The Bank of Uganda’s leadership structure allows for continuity and stability, as the deputy governor can assume full responsibilities when needed.

Bank of Uganda Secure Despite Lack of Governor for Nearly 3 Years

(Kampala) – Uganda’s Finance Minister Matia Kasaija has reassured the public that the Bank of Uganda remains stable despite the…

Nabakooba specifically highlighted Bussi Island in Wakiso District on Lake Victoria, where local residents have protested as multiple claimants sought boundary-opening rights on the same parcels of land. Such overlapping claims have become a growing issue across Uganda, exacerbated by disputes over land ownership and outdated succession records. Nabakooba urged district land offices to treat forgery as a serious crime, reminding them that it carries significant legal consequences.

Minister Warns of Rising Land Fraud in Uganda

(Mukono) – Uganda’s Lands Minister Judith Nabakooba raised serious concerns over a rising trend of forged land documents, emphasizing the…

The Court of Appeal has granted Jomayi Property Consultants a temporary halt on liquidation proceedings pending the outcome of an appeal.

Court Halts Jomayi Liquidation Process

(Kampala) - Jomayi Property Consultants, a major Ugandan real estate firm, has secured a temporary stay on liquidation after the…

The Uganda shilling experienced a volatile session on Tuesday, weakening due to strong demand from the energy sector before partially recovering, with money markets showing tight liquidity.

Dollar Demand Weakens Uganda Shilling’s Position

(Kampala) – The Uganda shilling started the trading session on Tuesday at 3662/3672 against the US dollar, but soon lost…

Police Dog Tracks Down Malaba Transformer Hooligan

Heavy Fines, Jail Terms for Power Line Offenders

(Kampala) - Several individuals involved in vandalizing power lines and possessing stolen electric materials have been sentenced in a government…

Money Lenders Reject Interest Rate Limits by Parliament

(Kampala) - Uganda’s moneylenders have rejected the newly passed Tier 4 Microfinance Institutions and Money Lenders Bill, 2024, which now…