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BoU turns to dollar sales as political warnings meet market pressure

The Bank of Uganda sold foreign currency on Thursday, turning to an instrument President Yoweri Museveni had publicly urged it to avoid and the secretary to the Treasury had warned against less than a day earlier, as the shilling continued to weaken. In a notice to commercial banks, the central bank said it was in the foreign-exchange market on the sell side. It did not disclose the amount or say whether the operatio

Uganda Business News · 23 Oct 2026

President Museveni urges European investors to tap into Uganda’s economic opportunities

President Yoweri Kaguta Museveni has urged European investors to take advantage of Uganda’s economic opportunities, particularly in infrastructure, energy, manufacturing and agriculture, saying investment in productive sectors is key to expanding markets, creating jobs and accelerating economic transformation. The President made the remarks today at State House Entebbe during a meeting with European Union Ambassadors

Watchdog Uganda · 22 Oct 2026

FG orders agencies to step up Ebola awareness

The Federal Government has ordered its agencies to intensify public enlightenment on Ebola after a case was confirmed in a woman who travelled to Abuja fro Read More: https://punchng.com/fg-orders-agencies-to-step-up-ebola-awareness/

The Punch · 22 Oct 2026

Former Busiro South MP Charles Matovu Dies At 41

Party president Robert Kyagulanyi has paid tribute to Matovu, who contested the January 2026 parliamentary election and challenged the victory of NRM candidate Kenan Opio in court.

Nile Post · 22 Oct 2026

President Museveni commissions military facilities under Uganda-Russia defence cooperation

President Yoweri Kaguta Museveni has commissioned and launched a series of military facilities, equipment and training infrastructure under Uganda’s defence cooperation with Russia during a two-day engagement with a Russian delegation led by Lt. Gen. Aleksandr Kshimovskii. The activities, held on October 21 and 22, 2026, covered military training, marine security, modern warfare technology and […] The post President

Watchdog Uganda · 22 Oct 2026

IGG directs UNMC to interdict chief executive and legal chief

The Inspectorate of Government has directed the Uganda National Mining Company’s board to immediately interdict Gerald Banaga-Baingi, its chief executive, and Lelia K. Bwambale, its chief corporate and legal affairs officer and company secretary. The Inspectorate is investigating allegations of maladministration, financial mismanagement and abuse of office involving the two officials. In a statement dated 22 October,

Uganda Business News · 22 Oct 2026

MPs Call for Forensic Audit of Parliament Spending

Lawmakers want investigations to go beyond the verification of more than 180 employees reportedly recruited irregularly, calling for scrutiny of parliamentary expenditure and the institution’s financial controls.

Nile Post · 22 Oct 2026

Contracts, insurance and trips home: what the Uganda–Somalia labour deal means for workers

Ugandans working in Somalia will be entitled to written contracts, wages paid into their own bank accounts, insurance against death and disability, and an employer-funded trip home every two years under a labour agreement the two countries signed on Thursday. Gen. Henry Tumukunde, Uganda’s Minister of Gender, Labour and Social Development, and Prof Salim Alio […] The post Contracts, insurance and trips home: what the

Watchdog Uganda · 22 Oct 2026

OP-ED: Uganda’s Gold Industry is Next frontier of Economic Transformation

By Debbra Mugaga Muyinza, Vice President, Diversified Industries Uganda’s gold story has reached a defining moment. The question is no longer whether the country has gold, or whether the mineral can earn foreign exchange. It is whether Uganda can turn a valuable natural resource into a wider engine of productive growth. That question sits squarely […] The post OP-ED: Uganda’s Gold Industry is Next frontier of Economi

Watchdog Uganda · 22 Oct 2026

Collection Tour: Healthcare Workers

Welcome to a virtual tour of the historical materials in the National Library of Medicine (NLM) collection. Today, we are featuring a selection of materials about healthcare workers and their impor…

National Institutes of Health · 22 Oct 2026

Lands Ministry Moves to Curb Illegal Land Subdivisions

The Ministry of Lands is targeting unapproved plot subdivisions and misleading land advertisements, warning dealers that the practice fuels unplanned settlements and deprives government of revenue.

Nile Post · 22 Oct 2026