CAPTION: Kenyan who had been jailed in Tanzania pose for a photograph on arrival at Moi International Airport on Friday June 13th, 2026. (Courtesy photo). By AgenciesNAIROBI – Seven Kenyan fishermen who had been convicted in Tanzania have finally been freed and flown back home, ending a two‑month ordeal that had drawn government intervention.Their return on […]
Rwanda has approved the creation of a National Artificial Intelligence Agency to oversee AI development, investment, adoption and governance.The move builds on the country’s 2023 national AI policy, which aims to position Rwanda as a leading African AI hub.Rwanda is supporting its AI ecosystem through the Rwanda AI Scaling Hub, a program backed by nearly $17 […]
By Our reporterKAMPALA – The hospitality industry is counting losses due restrictions impossed following the outbeak of the Bundibugyo Ebola strain in the DRC.The players in the sector blame the losses on misinformation and the ill-advised travel advisories.For Uganda, for example, most of the tourists come from the US, Canada and Europe, countries and regional […]
KAMPALA – Henry Musasizi delivered his first budget speech as Minister of Finance, Planning, and Economic Development on Thursday.The 84.4 trillion shilling 2026/2027 budget is aimed at implementing the government’s Tenfold Growth Strategy, aimed at growing to 500 billion dollars by 2040 from 53 billion in 2025.The economy is estimated to have grown by 6.4 […]
CAPTION: President Museveni and the Chairman of Sharjah Chamber of Commerce and Industry H.E. Abdallah Sultan and his delegation pose for a photo with other officials at the groundbreaking ceremony for the Kidepo International Airport in Karenga District. (PPU Photo) By Stephen Wandera Ouma KARENGA -“Now, Kidepo, which you wanted to destroy with goats, […]
CAPTION: Equity Bank client being served by an agent banker recently. (File photo). By Theresa Nalwanga KAMPALA – Walk into a small shop in Gulu or Mbarara around 8 a.m., and you will see something that did not exist five years ago. A mother hands over cash to pay her child’s school fees. The […]
By Our reporterKAMPALA – Ugandans and businesses will soon face tighter limits on cheque transactions and over-the-counter cash withdrawals following new measures unveiled by the Bank of Uganda (BoU) to reduce reliance on cash and accelerate the adoption of digital payments.In a circular issued to commercial banks, credit institutions, and microfinance deposit-taking institutions, the central […]
CAPTION: Managing Director, Absa Bank Uganda David Wandera, 2nd left, exchange documents with Managing Director, Standard Chartered Uganda, Sanjay Rughani, right, with offcials in Kampala May 28th 2026. (Courtesy photo). By Our reporterKAMPALA – Standard Chartered Bank Uganda and Absa Bank Uganda Limited have received regulatory approval from the Bank of Uganda for Standard Chartered Bank […]
CAPTION: President Yoweri Museveni, right, with Kenya President William Ruto during the launch of the Standard Guarge Railway in Kisumu recently. (File photo). By AgenciesBRAZZVILLE – The Vice President of the African Development Bank Dr. Abdul Kamara has reaffirmed the commitment by the bank to fund the Standard Guage Railway project in Uganda.Kamara, also the head […]