Currency in Circulation Hits Shs 8.9 Trillion as BOU Spends Shs 193.7 Billion on New Notes
The Bank of Uganda (BOU) spent Shs 193.76 billion to print new banknotes in the 2024/25 financial year, a significant rise from Shs 174.21 billion in the previous year, according to the BOU Integrated Annual Report released in October 2025. An additional Shs 9.8 billion was spent on minting coins,
Museveni drops Beti Kamya, names Justice Batala New IGG
President Yoweri Museveni has appointed Justice Aisha Naluzze Batala as the new Inspector General of Government (IGG), replacing Beti Olive Namisango Kamya. The appointment was confirmed by Faruk Kirunda, Special Presidential Assistant in charge of Press and Mobilization at the Office of the President. Kamya has served as the Inspector
Pension Funds Unite to Finance Africa’s Growth as Aid Declines
For the first time, pension funds across Africa are joining forces to pool domestic resources toward the continent’s development needs reducing reliance on traditional foreign aid and funding. The initiative, dubbed the “Development Fund for Africa”, will be unveiled at the upcoming “$700 Billion in One Room” All Africa Pensions Summit,
Coca-Cola Beverages recognised with Bronze Employer of the Year Award
Coca-Cola Beverages Uganda (CCBU) has been recognised for its commitment to job creation in the country with the Bronze Employer of the Year Award by the Federation of Uganda Employers (FUE). FUE is the recognised voice of employers on social and economic issues, both locally and internationally. It is the
Coca-Cola Beverages Uganda raises the bar for safety
Coca-Cola Beverages Uganda (CCBU) has once again set the standard for safety after receiving three NOSCAR Awards at a ceremony held in South Africa recently. NOSCAR Awards are the highest level of recognition for occupational health and safety, awarded by NOSA, a leading provider of occupational health and safety training,
Uganda Sets date for Launch of Shs 13.7 trillion Oil Refinery
Uganda’s oil refinery is scheduled to begin operations in the fourth quarter of 2029 or the first quarter of 2030, according to Michael Nkambo Mugerwa, General Manager of Uganda Refinery Holding Company. Speaking during the Invest in Uganda panel sponsored by Uganda National Oil Company (UNOC) at African Energy Week
Canon. Associate Prof. Lubaale Elected 4th Bishop Of Busoga Diocese
The House of Bishops of Church of Uganda sitting at Lweza Training and Conference Centre has elected Rev. Canon. Associate Prof. Dr. Grace Lubaale as the 4th Bishop of Busoga Diocese. He will be consecrated and enthroned as the 4th Bishop of Busoga Diocese on 14th December 2025 at Christ
Can Mpuuga Beat NUP’s Gyaviira Amid Recent Controversies?
Democratic Front (DF) party president and former Leader of the Opposition Mathias Mpuuga Nsamba has declared his bid to run for Nyendo–Mukungwe Division Member of Parliament. Mpuuga made the announcement during a community engagement in Mukudde Village, Masaka City, putting to rest weeks of speculation about his political future. “The
Uganda Powers Africa’s Coffee Surge Amid Global Slowdown
Exports of all forms of coffee from Africa rose by 4.1 percent in August 2025, reaching 1.9 million bags, up from 1.83mln bags in August 2024, according to the latest International Coffee Organisation (ICO) report. The ICO Coffee Market Report for September 2025 mentions Uganda as the primary driver of
Police Arrest NUP Supporters Ahead of Bobi Wine Rally
At least 29 supporters of the National Unity Platform (NUP) were arrested ahead of a scheduled campaign rally by presidential candidate Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine. According to Kampala Metropolitan Police spokesperson SSP Patrick Onyango, the group was apprehended for allegedly blocking the Mityana Highway. Although Kyagulanyi
