SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

Ultimate Uganda

Business

See All Business
Why Kampala needs trade order now

Why Kampala needs trade order now

COMMENT | JOSEPHA JABO | On Thursday, February 5, 2026 the minister for Kampala, Minsa Kabanda, addressed journalists at Uganda Media Centre, briefing them about the new trade order, available workspaces in public markets for street vendors and the revival of the Sunday Market. The press conferen

Why Kampala needs trade order now

Ultimate Uganda

National

See All National
Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Ultimate Uganda

Entertainment

See All Entertainment
Lydia Jazmine Reveals Shocking Reasons For Dumping Ex Boyfriend

Lydia Jazmine Reveals Shocking Reasons For Dumping Ex Boyfriend

Musician Lydia Jazmine has always kept her romantic life away from the public eye, often avoiding discussions about her relationships in the media.However, the singer has now opened up about why she decided to dump her former boyfriend, revealing that the man was simply not serious about t

Lydia Jazmine Reveals Shocking Reasons For Dumping Ex Boyfriend

Ultimate Uganda

Atletico Madrid stuns Barcelona in Copa del Rey semifinals

Atletico Madrid stuns Barcelona in Copa del Rey semifinals

Atletico Madrid stunned Copa del Rey holder and La Liga leader Barcelona in the first leg of their Copa del Rey semifinal on Thursday.An own goal and strikes from Antoine Griezmann, Ademola Lookman and Julian Alvarez gave Atletico a 4-0 advantage to take into the return leg at the Camp Nou

Atletico Madrid stuns Barcelona in Copa del Rey semifinals

Ultimate Uganda

Lifestyle

See All Lifestyle
JINJA: GISO Arrested for Burning Brother’s Wife Vehicle

JINJA: GISO Arrested for Burning Brother’s Wife Vehicle

JINJATadeo Yuda, 40, the GISO (Government Internal Security Officer) of Kakira Town Council, has been arrested in connection with the burning of a vehicle belonging to his brother’s wife in Jinja district.The incident occurred on Wednesday, February 11, at around 2:30 am at the ho

JINJA: GISO Arrested for Burning Brother’s Wife Vehicle

Ultimate Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

KAMPALA: The European Parliament on Thursday adopted a strongly worded resolution condemning Uganda’s post-election environment, calling for the immediate release of opposition figures, an end to internet restrictions, and a review of the European Union’s cooperation with Kampala.In a

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

Ultimate Uganda