Shilling Gains as Portfolio Investors and Exporters Drive Market Moves
A combination of strong inflows from portfolio investors and commodity exporters helped the local unit register gains against the Greenback during the week, Richard Nsubuga, Trader CIB Markets Absa Bank Uganda said. The shilling touched February highs of 3660 / 3670 levels on Thursday morning, a level which attracted
NRM backs proposal to try armed civilians in court martial
The National Resistance Movement (NRM) Caucus has resolved to support a proposal allowing the trial of armed civilians in the Court Martial. The announcement was made by Government Chief Whip Hamson Obua in a statement detailing discussions from the Caucus meeting held today at State House Entebbe. The meeting
Inside the Raiding of NUP Offices and Political School
Joint security forces have raided the offices of the National Unity Platform (NUP), Uganda’s biggest opposition political party. The raid was confirmed by Robert Kyagulanyi Ssentamu, also known as Bobi Wine, the party president. Earlier, Bobi Wine had expressed concerns over heavy security deployments at both premises, warning that President
AfDB Partners with Interpol to Combat Financial Crime and Strengthen Anti-Corruption Efforts in Africa
The African Development Bank Group has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police Organization (Interpol). The Bank Group is the first multilateral development bank to establish such a collaboration with Interpol. The Letter
Europa League draw: Real Sociedad get Manchester United, AZ Alkmaar welcome Tottenham, Roma draws final hosts Athletic Club.
The draw for the remainder of the 2024/25 UEFA Europa League has been made, with Manchester United, Tottenham and final hosts Athletic Club learning what awaits them in the last 16. The 2024/25 UEFA Europa League round of 16, quarter-final and semi-final draw has been made at UEFA headquarters
Champions League draw: Real Madrid get Atletic, Bayern face Leverkusen, Paris paired with Liverpool
The Champions League contenders have learned their path to Munich after the last 16, quarter-final and semi-final draws were made. Champions League round of 16 draw PSV (NED) vs Arsenal (ENG) Real Madrid (ESP) vs Atleti (ESP) Paris (FRA) vs Liverpool (ENG) Club Brugge (BEL) vs Aston Villa (ENG)
Besigye, Lutale charged with treason
Former presidential candidate Dr. Kizza Besigye, along with his co-accused Hajji Obeid Lutale and Captain Denis Oola, has been charged with treason. Besigye, appearing frail, was wheeled into court following a Supreme Court ruling that suspended all proceedings in the General Court Martial. In her judgment, Justice Catherine Bamugemereire ruled
Kizza Besigye’s son writes to Museveni, Muhoozi over fathers’ detention
The firstborn son of Rtd. Col. Dr. Kizza Besigye Adam Ampa Besigye has written emotional letter to the president Yoweri Museveni and the first son Gen Muhoozi Kayinerugaba over his father’s detention. Dr. Besigye and his co-accused, Hajj Obedi Kamulegeya, face multiple charges, including possession of firearms at Riverside
Over 1,000 People Receive SRHR Services at Nakiwogo Landing Site Amid Rising HIV Infections
More than 1,000 people have accessed Sexual and Reproductive Health and Rights (SRHR) services at Nakiwogo Landing Site as Uganda grapples with rising HIV infections. The services were provided during a moonlight outreach organized by Family Medical Point and Voices for Health and Development. According to the Uganda AIDS
M23 spokesperson owns Businesses in UK and France, USA confirms
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Lawrence Kanyuka Kingston, the M23’s civilian spokesperson and public relations officer for the Congo River Alliance, a U.S, sanctioned coalition of rebel groups seeking to overthrow the DRC government. According to Office of
