MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Yumbe, Uganda: A licensed private security guard has shot and wounded an armed robbery suspect during a foiled attack in Yumbe Town Council, as security agencies intensify efforts to curb rising festive-season crime in the West Nile sub-region.According to Collins Asea, the North West Nile
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
When Nakagwa speaks about the darkest chapter of her life, her voice trembles, but her resolve remains firm.“I still cannot believe a father could do that to his own child,” she says quietly, wiping tears as she recalls the years her daughter was sexually abused by the person meant to
Kenan Yildiz’s future at Juventus is in serious doubt, with contract talks between the young Turkish forward and the club put on hold after months of negotiations. Top European giants, including Arsenal, Chelsea and Real Madrid, are now ready to move for the 20-year-old. The German-born, who jo
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t
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