Regional Stakeholders Call For Joint Action On Peace And Climate Resilience
The Commander of the Uganda Peoples’ Defence Forces 3 Infantry Division, Brigadier General Michael Walaka Hyeroba, has called for joint peace and climate action among Uganda, South Sudan and Kenya to address insecurity driven by environmental challenges in cross-border pastoral communities. “We cannot secure peace without addressing the climate. And
Wendi launches Shs100,000 weekly rewards campaign to boost digital transactions
Pearl Bank’s mobile wallet, Wendi, has launched a promotional campaign offering customers cash prizes, fuel vouchers, smartphones and household appliances in a bid to encourage more Ugandans to embrace digital financial services. Dubbed Wendi Ku Win, the campaign rewards customers who make transactions worth more than Shs10,000 through the mobile
Shilling makes dramatic recovery, gains 5% against dollar
The Uganda shilling has staged a strong recovery against the US dollar, appreciating by about five per cent in a week as increased foreign currency inflows and subdued corporate demand eased pressure on the local currency. The shilling, which opened the week at Shs4,243/4,353 against the dollar, strengthened steadily to
Muhoozi signals end of his tenure as army chief
Gen Muhoozi Kainerugaba has signalled his intention to leave the military’s top command, but wants to secure a Shs 2 million monthly basic salary for ordinary soldiers before handing over office. In an announcement that raises questions about the future leadership of the Uganda People’s Defence Forces (UPDF), Muhoozi said
Magoola’s Shs 723bn venture faces fresh storm as bank moves to sell his properties
A 20-acre industrial establishment in Matugga, an operational wheat milling plant in Luzira, a hospital in Kitende and several commercial and residential properties belonging to businessman Dr Mathias Magoola and companies associated with him are facing sale over unpaid bank loans. The proposed disposal has brought renewed attention to the
Pearl Bank wins two gold awards at 2026 FiRe Awards
Pearl Bank has won two top awards at the 2026 Financial Reporting (FiRe) Awards, securing recognition for its integrated reporting and performance in the banking services category. The bank received the Gold Award for Integrated Report of the Year and recognition in the Financial Services Reporting category for Banking Services
UPDF, Security Agencies Harmonise Security Operations In South Karamoja
The Uganda Peoples’ Defence Forces (UPDF) 3 Infantry Division convened an inter-agency security meeting in Moroto to review the security situation in South Karamoja and strengthen joint efforts to consolidate peace. The meeting, chaired by the Division Commander, Brig Gen Michael Walaka Hyeroba, focused on livestock and illegal firearms recovery,
Ronaldo bids emotional farewell to Portugal after 23 years
Cristiano Ronaldo has announced his retirement from international football, bringing an end to a 23-year journey with Portugal in which he rose from a teenage footballer to the country’s most celebrated player and record goalscorer. In an emotional farewell letter addressed to Portuguese supporters, the 41-year-old forward said the time
Govt starts Shs 98bn construction of new Karuma Bridge
The government has commenced construction of a new bridge across the River Nile at Karuma, in a Shs98 billion project expected to improve road safety, ease traffic flow and strengthen trade links between Uganda and its neighbours. The 245-metre bridge, which will replace the ageing structure built in 1963, is
BoU shuts down national payment systems
The Bank of Uganda (BoU) has shut down key national payment systems for four days to undertake a major upgrade of the country’s financial infrastructure, a move that will temporarily disrupt interbank transfers, electronic funds transfers and cheque clearing. The shutdown, which takes effect at 5pm on Thursday, November 5,
