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KARUMA CASH CRISIS! UEGCL Profits Drop, Debt Soars to 81.6% as Power Plants Rot —Who is Sleeping on the Job?

KARUMA CASH CRISIS! UEGCL Profits Drop, Debt Soars to 81.6% as Power Plants Rot —Who is Sleeping on the Job?

Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera

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Armed Suspects Arrested Near Petrol Station After Alert from Private Security

Armed Suspects Arrested Near Petrol Station After Alert from Private Security

Police in Kampala Metropolitan Area have arrested two suspects who were found armed with a panga near Total petrol station in Kabuusu on the night of 26th February 2026. The arrest followed a timely alert from a private security officer who noticed suspicious movement around the petrol station an

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Kampala to ban taxis from picking up passengers outside designated stops

Kampala to ban taxis from picking up passengers outside designated stops

The Kampala Capital City Authority (KCCA) is set to unveil a sweeping new transport plan that will ban all taxis from picking up and dropping off passengers outside designated gazetted stops.The move is expected to significantly change how Kampala’s popular 14-seater omnibuses operate. C

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Secretary to Museveni’s office admits unknown security forces took over Ssembabule elections.

Secretary to Museveni’s office admits unknown security forces took over Ssembabule elections.

The Permanent Secretary in the Office of the President, Yunus Kakande.The Permanent Secretary in the Office of the President, Yunus Kakande, has admitted that unidentified security operatives took control of the electoral process in Ssembabule during the January general elections after bot

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South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

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Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act

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Manchester City beats Newcastle to pressure Arsenal

Manchester City beats Newcastle to pressure Arsenal

LONDON, UK | Xinhua | Manchester City closed Arsenal’s lead at the top of the Premier League to just two points ahead of Sunday’s North-London derby with a hard-fought 2-1 win at home to Newcastle United.Nico O’Reilly put Manchester City ahead in the 14th minute with a fizzing low sh

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KCCA’s Clean Streets Gamble: Can They Keep Vendors at Bay?

KCCA’s Clean Streets Gamble: Can They Keep Vendors at Bay?

Kampala city after street vendors being evicted.Overview:KCCA spokesperson Daniel Nuwabine said this time it will be different. He said eviction of street vendors in the Central Business District (CBD) is part of a broader effort to organize trade in the city and the entire Greater

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Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun

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Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Kampala, Uganda: The High Court (Commercial Division) has ordered M/S Muwema & Co. Advocates to pay a total of USD 372,300 (approx. Shs1.34bn) in rent arrears and mesne profits, and to immediately vacate prime premises in Kololo following a protracted lease dispute with Downtown Investments L

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