Political Parties Condemn Government’s Decision to Extend Local Council Elections Timeline

A chorus of disapproval echoed through the political landscape as leaders from various political parties expressed their dissatisfaction with the…

UPDF Commences Investigation into Fatal Helicopter Crash at Kabarole-Ntoroko Border

The Uganda People’s Defence Forces (UPDF) has initiated investigations in the wake of the devastating helicopter crash at Nyamusingiri Village…

Inflation Insights: Uganda’s Annual Economic Report Card for 2023

As the curtains closed on 2023, Uganda reported an annual inflation rate of 4.6 percent, showcasing a notable decline from…

Kenya Urges Uganda to Maintain Mombasa Port for Oil Imports

Kenya is actively lobbying Uganda to persist with the use of the port of Mombasa to safeguard its position as…

Green Finance Mandate: IFC Implements Stricter Guidelines on ESG Compliance for Funding

The International Finance Corporation (IFC) has taken a decisive step, announcing that it will cease funding private sector companies that…

Bank of Uganda Analyzes Uganda Shilling’s 2023 Performance

The Uganda Shilling has experienced a rollercoaster ride, marked by volatility, yet the Bank of Uganda sheds light on its…