Stronger deposits and lending mirror wider gains across banking sector Kampala, Uganda | THE INDEPENDENT | Bank of Baroda Uganda reported a 17% increase in annual profit, as steady loan growth and rising customer deposits underscored momentum across Uganda’s banking industry. Profit after tax rose to Shs 156.8 …
Read More »How Africa is paying the price for Iran-U.S war
Once again, Africa finds itself on the receiving end of global crises; paying the price in growth, stability, and livelihoods NEWS ANALYSIS | RONALD MUSOKE | When the so-called coordinated military strikes by the United States and Israel hit Iranian territory on Feb. 28, the escalation marked a decisive …
Read More »Rwanda’s 32nd Kwibuka
How a once shattered country has become a beacon of hope for the rest of Africa THE LAST WORD | ANDREW M. MWENDA | Tuesday, April 7th Rwanda held commemorations marking 32 years since the beginning of the genocide that killed over a million of its Tutsi citizens. It is a …
Read More »Mufumbiro’s wife dead after long battle with cancer
Kampala, Uganda | NEWS CORRESPONDENT | Edith Katende Mufumbiro, the wife of National Unity Platform (NUP) Deputy Spokesperson Alex Waiswa Mufumbiro, has passed away following a long struggle with cancer. Her death was confirmed on Tuesday by NUP President Robert Kyagulanyi Ssentamu (Bobi Wine) on X. He revealed that she …
Read More »Iran and USA agree to two-week ceasefire
Trump says he agrees to suspend bombing and attack of Iran for 2 weeks WASHINGTON | Xinhua | U.S. President Donald Trump said Tuesday he has agreed to “suspend the bombing and attack of Iran for a period of two weeks.” Trump wrote on social media that his decision is …
Read More »South African president to receive U.S. envoy’s credentials
JOHANNESBURG | Xinhua | South African President Cyril Ramaphosa will formally receive the credentials of U.S. Ambassador-designate Leo Brent Bozell III on Wednesday, a move that may signal a tentative easing of bilateral tensions. According to a statement from the presidency, Bozell will present his formal credentials in Pretoria on …
Read More »Kwar Adhola reshuffles cabinet, names lean team of 17
Tororo, Uganda | NEWS CORRESPONDENT | Kwar Adhola Moses Stephen Owor has reduced the cabinet of the Adhola Cultural Institution (TACI) from 39 to 17, with several ministers redesignated to hold other portfolios, including Senior Royal Advisors and Special Envoys to different places. “His Royal Highness the Kwar …
Read More »The money that keeps Uganda going
With a new dashboard, the Bank of Uganda is finally mapping the billions of dollars sent home by its diaspora Kampala, Uganda | RONALD MUSOKE | In the early morning hours at Entebbe International Airport, the departure hall often fills with a quiet, nervous energy. Small groups of young Ugandan …
Read More »U.S-backed health systems transition to Ugandan control in major digital shift
After years of U.S-backed investment, the transfer of data systems marks a shift from external support to state control COVER STORY | RONALD MUSOKE | In a district hospital in eastern Uganda, a mother waits as a clinician opens an electronic medical records system instead of reaching for a paper …
Read More »Govt confirms that enhancement of arts teachers salaries starting soon
Rubanda, Uganda | URN | The government is set to enhance salaries of arts teachers at the beginning of the next financial year. State Minister of Finance Henry Musasizi revealed there is a discussion going on to make it possible to have the salaries of the arts teachers enhanced to …
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