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Uganda says to trim debt issuance by 21% in 2026/27 FY

Uganda says to trim debt issuance by 21% in 2026/27 FY

The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images

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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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UN Holds Solemn Ceremony for Peacekeepers Killed in Sudan

UN Holds Solemn Ceremony for Peacekeepers Killed in Sudan

Abyei – The United Nations Interim Security Force for Abyei (UNISFA) held a solemn memorial ceremony on Monday at its headquarters in Abyei to honour six Bangladeshi peacekeepers killed in a drone attack on the mission’s logistics base in Kadugli, South Kordofan, on Saturday.The attack

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Mengo: Kabaka’s Convoy Affected by Security Blockade Near Bulange

Mengo: Kabaka’s Convoy Affected by Security Blockade Near Bulange

The convoy of the Kabaka of Buganda, Ronald Muwenda Mutebi II, was on Monday affected by a heavy security blockade mounted near Bulange Mengo, as the Uganda People’s Defence Forces (UPDF) and Police sealed off roads leading to the area.The blockade was enforced ahead of a visit by the op

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Nine South Sudanese nationals arrested in Nabweru over death of housemaid

Nine South Sudanese nationals arrested in Nabweru over death of housemaid

Nine South Sudanese nationals have been arrested by the police in Nabweru over the suspected murder of their househelp.The unidentified maid is believed to have been murdered inside a residence in Nabweru South Cell One, Nansana Municipality, Wakiso district on Friday night. Her body remai

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Nine South Sudanese nationals arrested in Nabweru over death of housemaid

Nine South Sudanese nationals arrested in Nabweru over death of housemaid

Residents gather at the crime sceneNine South Sudanese nationals have been arrested by the police in Nabweru over the suspected murder of their househelp.The unidentified maid is believed to have been murdered inside a residence in Nabweru South Ce

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‘I was declared deserter for resisting COVID-19 corruption in Uganda Prisons Service’

‘I was declared deserter for resisting COVID-19 corruption in Uganda Prisons Service’

A former Uganda Prisons Service custody health officer, James Turyatunga, has accused the institution of corruption and denying him justice after he was declared a deserter under contentious circumstances.Turyatunga, who once served at the height of the C

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China's exports grow 5.9% in November, while US shipments drop 29%

China's exports grow 5.9% in November, while US shipments drop 29%

FILE - Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File) (ASSOCIATED PRESS)HONG KONG (AP) — China’s exports returned to growth in November following an unexpected contraction the

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Museveni Meets Leaders in Lira and Pallisa, Addresses Connectivity, Peace and Household Incomes

Museveni Meets Leaders in Lira and Pallisa, Addresses Connectivity, Peace and Household Incomes

President Yoweri Kaguta Museveni on Sunday met leaders from Lango and Bukedi, addressing issues of infrastructure, livelihoods and regional stability.Focus on Connectivity in LangoIn Lira, the President met more than 15,000 NRM leaders from across the Lango Sub-region. The leaders r

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URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

The Uganda Revenue Authority (URA) has arrested Frank Mugisha and Muhumuza George suspected of running a fraudulent “export” scheme involving Super match cigarettes. They are charged with obtaining money by false pretense and, manipulation of customs documentation and export entries to defrau

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