Inflation is casting a long shadow over the EU, with rates surpassing 3 percent. The path ahead involves striking a balance between controlling inflation and fostering economic resilience. Inflation, the relentless rise in prices, has become a central concern within the European Union. With inflation rates breaching the European Central Bank’s (ECB) target of around…
Prison Officers and their spouses will get free financial literacy courtesy of Stanbic Bank Uganda. This transformative training lunched on Wednesday is aimed towards enhancing their personal economic progress. The programme follows discussions between Johnson Byabashaijja, the Commissioner General of Uganda Prisons and Anne Juuko, the Stanbic Chief Executive. Israel Arinaitwe, the Head of Private…
The 3 Infantry Division of Uganda Peoples’ Defence Forces has arrested Omet John Lolima, a Local Council 3 Chairperson of Lemusui Sub-county over the illegal possession of a firearm. The arrest occurred in Alapat Village, Katabok Parish, Lemusui Sub-county in Nakapiripirit District. Omet John was arrested following an intelligence tip from the community and he…
The opposition members of Parliament have been boycotting parliamentary plenary sessions as a form of protest. they argue that the government needs to agree to certain terms before they will resume attending sessions. however, sources have revealed that the opposition mps only reject sessions that don’t provide them with allowances, while attending those that do.…
The opposition party of Uganda people’s Congress (UPC) has asked government of Uganda to prepare for climate change that leads to floods and destruction of property. As by, Uganda National Meteorological Authority(UNMA) it is said that Uganda is yet to receive torrential rains, which most times leave many places covered with floods, mudslides, destruction of…
The long-standing financial dispute between City Young Tycoon Hamis Kiggundu and Diamond Trust Bank (DTB) has come to an end with all court cases dropped. In a closed meeting held between the two Giant C.E.Os; Hamis Kiggundu Group C.E.O Ham Group of Companies and Nasim Devji, the C.E.O of Diamond Trust BankGroup, the duo reasoned…
The Director of Public Prosecutions (DPP), Jane Francis Abodo, has sanctioned two charges of terrorism, three charges of murder, three charges of aggravated robbery, and one charge of belonging to a terrorist organization against Kyoto Abdul Rashid alias Njovu, also known as Tembo, in respect of the attack at Queen Elizabeth National Park on October…
President of the Republic of Uganda, Gen. Yoweri Kaguta Museveni has met a group of investors from the United Arab Emirates (UAE) in Abu Dhabi. The President arrived in the Middle Eastern country yesterday at the invitation of his UAE counterpart and Ruler of Abu Dhabi, His Highness, Sheikh Mohamed bin Zayed Al Nahyan for…
The Resident District Commissioner (RDC) of Koboko District, Emmy Mitala, has landed in hot soup after allegations emerged that he is reportedly engaged in illegal charcoal dealing, and a number of other corruption tendencies. Concerned authorities in the district contend that although he is mandated with coordinating security in the area and implementing President Yoweri…
Reliable sources have it that, Carol Nantongo and Lydia Jasmine have been feasting on the same man. It is reported that Eddy Kenzo has been sponsoring both singers and showering them with gifts, money and a smart whopper. However, we’ve learnt that things turned sour when Carol found out that Lydia was also seeing the…
