Afreximbank commissions first-of-its-kind African Trade Centre in Abuja, Nigeria – marking a new era for Intra-African trade
Multilateral Bank African Export-Import Bank (Afreximbank) has officially commissioned its first Afreximbank African Trade Centre (AATC) today in Abuja, Nigeria, ushering in a transformative era for trade and investment in Africa. During the grand commissioning ceremony, speakers, including Hon. Dr. George Akume, Secretary to the Government of Federation, Nigeria representing H.
Stanbic Bank hosts inaugural financial literacy training for education institution heads
Stanbic Bank has hosted an inaugural financial literacy session recently for senior administrators of primary, secondary, and vocational schools in the Kampala Metropolitan Area. The event took place at Hotel Africana, in partnership with Opportunity International, and brought together school directors, head teachers, and bursars for a comprehensive six-hour mentorship
Shilling Under Pressure Amid Global Market Volatility
Just like other emerging and frontier market currencies, the Ugandan shilling faced significant pressure this week as offshore investors sold off local debt and converted the proceeds into hard currency. This reaction followed a surge in global risk-off sentiment after the U.S. President announced new tariffs, fueling concerns of an
Court quashes arrest warrant against Isaac Ssemakadde
The High Court judge Gadenya Paul Wolimbwa has ordered a stay of proceedings against Isaac Ssemakadde, President of the Uganda Law Society, pending the determination of his application challenging an earlier arrest warrant. Last month, the Buganda Road Chief Magistrates Court issued an international arrest warrant for Ssemakadde, directing Interpol
Why court denied Besigye, Lutale’s bail applications despite meeting all requirements
Former presidential candidate Dr. Kizza Besigye and his co-accused, Hajji Obeid Lutale, have been denied bail despite meeting all the necessary conditions. Last month, the duo applied for bail after spending more than 120 days in detention without trial. They are facing treason charges following the dissolution of the General
Shamim Malende’s Health Deteriorates, Referred to Aga Khan Hospital for Treatment
Kampala Woman Member of Parliament, Shamim Malende, has been transferred to Kenya for specialized medical care following a continued deterioration in her health. Malende had initially been receiving treatment at Nsambya Hospital in Kampala. However, doctors there recommended that she seek further medical attention at Aga Khan Hospital in Kenya.
How the Shs 100 million payout to MPs was initiated
Earlier this week, several Members of Parliament reportedly received Shs 100 million each as a gift from President Yoweri Museveni. The revelation was made by the Leader of the Opposition in Parliament, Joel Ssenyonyi. According to Ssenyonyi, the money was offered as a token of appreciation for the MPs’ role
Parliament and Allegations of Bribery: A Timeline of Controversy
Over the years, legislators have faced accusations of accepting bribes in exchange for their support on key pieces of legislation. These allegations have sparked public outrage and raised serious concerns about the integrity of the country’s democratic processes. Term Limits (2005) One of the earliest recorded instances of alleged bribery
Zimbabwe Diplomat Chris Rugari confirms wife bore children outside wedlock
Chris Rugari, Zimbabwe’s Consular General to Uganda, has broken his silence following the mysterious death of his son, Nganwa Rugari, who reportedly passed away on Wednesday, April 2, under unclear circumstances. Preliminary findings indicate that on the evening of April 1, 2025, the child allegedly fell from the first floor
Share a Coke’ Campaign: Fik Fameica, Vinka Electrify Students at MUBS Cultural Gala
Singers Fik Fameica and Vinka lit up the Makerere University Business School (MUBS) Cultural Gala, thrilling students with high-energy performances that perfectly complemented the festivities on campus. The event was part of Coca-Cola Uganda’s globally cherished ‘Share a Coke’ campaign—now refreshed to resonate with Gen Z’s longing for real, meaningful
