Muni University among African institutions recognised for higher education transformation
Uganda’s Muni University has been named among five African institutions recognised for advancing institution-wide transformation in higher education. The university was recognised alongside Addis Ababa University in Ethiopia, the International Institute for Water and Environmental Engineering in Burkina Faso, Kwame Nkrumah University of Science and Technology in Ghana, and the
Technology can unlock agricultural finance, dfcu says
Technology and data are helping financial institutions better understand agricultural businesses and could widen access to credit as Uganda seeks to accelerate the commercialisation of the sector, dfcu Bank has said. Mercy Iselu, the sector head for food and agriculture at dfcu Bank, said digital transaction records and other data
Shilling faces renewed pressure as dollar demand rises
The Uganda shilling is expected to remain under pressure in the near term as renewed demand for the US dollar from offshore investors and large corporate importers weighs on the local currency. The shilling had a volatile but broadly stable week, with intermittent foreign-currency inflows from commodity exporters, charities and
NCBA, MAC East Africa launch school bus financing to support the future of education
NCBA Bank Uganda has partnered with MAC East Africa to launch a dedicated School Bus Financing Partnership, providing school owners, directors and administrators with an integrated solution to acquire school buses and support the safe and reliable transportation of learners. Launched today at Protea Hotel Kampala under the theme “Driving
PACEID boss Bagonza seeks bail in Shs171m money laundering case
The Anti-Corruption Division of the High Court is set to hear the bail application of Mathew Bagonza, the head of the secretariat of the Presidential Advisory Committee on Exports and Industrial Development (PACEID), who is facing money laundering charges. Bagonza is accused of transferring Shs171 million from PACEID to his
Tribute to Moses Matovu
By Isaiah Katumwa I received the news of Moses Matovu’s passing with a very heavy heart. To me, Moses was far more than one of Uganda’s greatest musicians. He was a pioneer, a mentor, an inspiration, and one of the people whose life helped many of us believe that a
US celebrates 250 years, eyes deeper Uganda ties
The United States and Uganda have deepened their health and economic cooperation, with Washington committing up to $1.7 billion (about Shs6.3 trillion) to a new five-year health partnership valued at $2.3 billion (about Shs8.5 trillion). The new Uganda-US Health Cooperation Memorandum of Understanding (MOU) is expected to change how the
Police nabs Moses Matovu’s suspected killer
Police have arrested the prime suspect in connection with the murder of veteran Afrigo Band musician Moses Matovu. The suspect has been identified as Vincent Nsamba, 41, who was arrested following investigations into the circumstances surrounding Matovu’s death. Nsamba was apprehended in Ochange Ward, Yesu Amala, Nansana Division, Wakiso District,
NSSF declares 22.53% interest for savers
The National Social Security Fund (NSSF) has declared a 22.53% interest rate for its members for the 2025/26 financial year. Finance Minister Henry Musasizi announced the rate during NSSF’s Annual Members Meeting at Serena Hotel, Kampala. More details to follow.
Police arrest woman, intensifies Moses Matovu’s suspected killer
Police have arrested a woman who was in the company of veteran Ugandan musician and Afrigo Band leader Moses Matovu shortly before he was allegedly attacked and killed in Kampala on Thursday morning. Matovu, 77, reportedly sustained serious injuries to the head during the attack and lost a significant amount
