Bank of Uganda Raises Central Bank Rate to 12 percent
The Bank of Uganda has raised the Central Bank Rate from 9.75 percent to 12 percent, in a bid to control rising prices, as the Uganda shilling weakens and oil prices go up around the world. According to BOU Governor, Dr Michael Atingi-Ego, the move is needed to stop inflation before high fuel, transport and […]
Continue ReadingFort Portal Residents Troubled by Weak Shilling, Higher Taxes and Rising Prices
Kaboha Residents of Fort Portal City are raising concern over a weakening shilling, rising commodity prices and higher taxes on retail shops. Traders in the city center and in Mpanga and Kabudaire markets say local property taxes, new fuel levies and falling consumer spending are pushing small businesses toward closure unless taxes are reviewed and […]
Continue ReadingFort Portal: City officials Join Thousands in Mourning the Fallen Omukama of Tooro, King Oyo Nyimba Kabamba Iguru Rukidi IV
Alice Fort Portal Tourism City officials have today joined other mourners in mourning the fallen Omukama of Tooro, King Oyo Nyimba Kabamba Iguru Rukidi IV. The team was led by the City Production Officer, Muhenda Agaba Patrick, who said the city has resolved that every Tuesday, staff will dress in traditional attire in honour of […]
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Minister Balaam Launches Beautified Mpanga Market, Lauds MTN for Facelift
Alice The Minister for local government Balaam Barugahara, has over the wee,kend launched the newly beautified Mpanga Market in Fort Portal City, commending MTN Uganda for funding the facelift works. According to Mildred Nsinda the Trade marketing manager at MTN Uganda, the beautification works done by MTN included painting the market, installation of surveillance camera, […]
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Mugusu Market Faces Possible Closure over Poor Sanitation
LUCKY P Mugusu Market in Mugusu Town Council, Kabarole District, is at risk of closure due to poor sanitation conditions, according to Kabarole District Health Officer, Dr. Stephen Kalyegiira. Speaking during the Kabarole District Fourth Quarter Coordination Meeting organized by the district water office in partnership with the Ministry of Water and Environment, IRC, and […]
Continue ReadingCommodity Prices Hold Steady in Fort Portal despite Ongoing Fuel Crisis
By Sylvia Commodity prices in Fort Portal City have remained largely stable despite the ongoing fuel crisis in Uganda that has pushed transport costs upward in many parts of the country. A spot check conducted across key markets, including Kabundaire, Mpanga, and Katale Kenjara, revealed that most vendors have maintained their prices, opting not to […]
Continue ReadingFort Portal Authorities Warn Evicted Street Vendors against Returning
By Alice The Fort Portal Central Division authorities have issued a stern warning to evicted street vendors, cautioning them against returning to the streets following a recent enforcement operation. Central Division Town Clerk Didas Muhanguzi said the city will not tolerate any attempts by vendors to reoccupy pavements and road reserves, where a major eviction […]
Continue ReadingFuel Crisis Leaves Fort Portal Taxi Operators Jobless
By Alice The ongoing fuel crisis in Uganda has forced several taxi operators in Fort Portal City out of work, as rising fuel costs and limited supply disrupt transport services. According to Kiiza Sulaiman Yasin, the Chairperson of the Fort Portal Taxi Operators Union, many drivers have been laid off in the past week after […]
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Fort Portal:Pearl Bank Relocates to Modern Premises Following Major Rebranding
Clare N Pearl Bank Uganda, formerly Post Bank, has officially relocated to its new premises in Fort Portal City along Rukidi III Street, Plot Number 4. The relocation follows a major rebranding of the institution into a 100% government-owned Tier I commercial bank, after an announcement made in June 2025 and the issuance of […]
Continue ReadingGovernment Injects 310 Billion Shillings to Rescue Struggling Tea Sector
Alice The government of Uganda has come to the rescue of the country’s tea sector with a massive injection of 310 billion shillings. The funds, directed by President Yoweri Museveni, will be allocated to tea factories, fertilizer subsidies for growers, and settling arrears for seedling suppliers. While speaking during the Uganda Tea Association with the […]
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