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Tag Archives: Uganda

Bank of Uganda in 100% surplus increase despite year of troubles

Kampala, Uganda | URN | The Bank of Uganda recorded a surplus of 1.32 trillion in the financial year 2025/26, representing a 100 per cent increase from the previous year, while boasting lower than forecast expenditure figures. ‎ ‎These results reflected budget discipline, ‎prudent expenditure management, and responsible deployment of …

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No suspects yet in beheading of Rwandan ex-soldier

Kampala, Uganda | URN | No suspect has yet been identified in the beheading case of Rwandan ex-soldier Robert Kabera in Mpigi District. Police have said investigations continue into the killing of the refugee who had previously reported threats to his life. Kabera, 50, popularly known as Sergeant Robert, was …

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Uganda’s Diaspora challenged to move ‘beyond remittances’ at Melbourne Independence Gala

    Melbourne, Australia | NEWS CORRESPONDENT |  Uganda’s diaspora has been challenged to move beyond remittances and become a strategic engine for national transformation, as more than 1,000 Ugandans from across Australasia gathered in Melbourne for the country’s 64th Independence celebrations. Representing President Yoweri Kaguta Museveni at the three-day …

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OCHA warns that Uganda not yet ready for El Nino

        Kampala, Uganda I URN |  Uganda’s preparations for the expected strengthening of El Nino remain incomplete, with the country’s contingency plan still under finalisation as forecasts point to increased risks of flooding and landslides during the October–December rainy season. A September 2026 humanitarian snapshot by the …

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I&M Bank expands asset financing for pickup trucks, tractors

  Kampala, Uganda | PATRICIA AKANKWATSA | I&M Bank Uganda has expanded its asset financing offering to help businesses acquire pickup trucks and tractors, as the lender seeks to support investment while allowing enterprises to preserve working capital. The financing options were unveiled during the launch of the second season …

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BoU Governor: Sovereignty Law is innocent

    Kampala, Uganda | URN | Bank of Uganda Governor Michael Atingi-Ego has rejected suggestions that Uganda’s Sovereignty Bill may have contributed to the recent depreciation of the shilling, attributing the currency’s weakness primarily to a widening current account deficit and reduced portfolio investment flows. The Protection of Sovereignty …

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