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Uganda: NSSF Stake in MTN Hits Shs1tn

Uganda: NSSF Stake in MTN Hits Shs1tn

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

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Uganda Airlines delays expose cracks in passenger protection

Uganda Airlines delays expose cracks in passenger protection

Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance

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Uganda: 'You Will Never Make Us Your Slaves,' Muhoozi Tells U.S. Senator Risch

Uganda: 'You Will Never Make Us Your Slaves,' Muhoozi Tells U.S. Senator Risch

Nairobi — Uganda's Chief of Defence Forces, General Muhoozi Kainerugaba, fired back at U.S. Senate Foreign Relations Committee Chairman Jim Risch over remarks suggesting that Uganda had crossed a "red line" in its military cooperation with the United States.The controversy erupted after

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Uganda’s Malaria Cases Drop by 22% Despite Heavy Economic Toll

Uganda’s Malaria Cases Drop by 22% Despite Heavy Economic Toll

Malaria remains the leading cause of deaths in UgandaUganda has recorded a sharp decline in malaria incidence and mortality over the past year, driven by expanded vaccination, intensified vector control and faster treatment pathways, yet the disease continues to exact a heavy economic and

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Police to Arraign 100 in Court over Street Robberies in Kampala

Police to Arraign 100 in Court over Street Robberies in Kampala

The Central Police Station (CPS) in Kampala is expected to produce up to 100 suspects in court over allegations of involvement in street robberies and other criminal activities.The Kampala Metropolitan Police Spokesperson, Rachel Kawala, said the suspects are part of several groups arreste

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

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

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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

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High Court Orders IGP to Clarify Whereabouts of Missing NUP Leader

High Court Orders IGP to Clarify Whereabouts of Missing NUP Leader

The directive was issued by Justice Joyce Kavuma on Friday while hearing an application filed by Tukamushaba’s lawyers, who want the court to compel authorities to produce her or explain her whereabouts.The High Court in Kampala has ordered the Inspector General of Police (IGP) to clarif

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

Ultimate Uganda