Search Results

Government invests UGX1 trillion to expand loan capacity at UDB

Government invests UGX1 trillion to expand loan capacity at UDB

KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj

Ultimate Uganda

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

Ultimate Uganda

Youth MP Elections 2026: Arrests Over Forged Delegate Cards, Noise over Facilitation Money, Massive Voter Bribery

Youth MP Elections 2026: Arrests Over Forged Delegate Cards, Noise over Facilitation Money, Massive Voter Bribery

Youth delegates are voting for youth MPs across the country. The youth MP elections 2026 are being held at different regional locations. The Pearl Times is following up on the elections.For Eastern Uganda, over 2,000 delegates are voting for their MP at the Islamic University in Uganda (IU

Ultimate Uganda

NRM Gov’t Chief Whip Denis Obua Whipped by Teacher in Ajuri MP Race

NRM Gov’t Chief Whip Denis Obua Whipped by Teacher in Ajuri MP Race

Alebtong — Uganda People’s Congress (UPC) candidate Fred Jalameso has been officially declared the winner of the Ajuri County parliamentary race after securing 16,336 votes, narrowly defeating National Resistance Movement (NRM) flag bearer and Chief Government Whip Denis Obua, who polled 15,5

Ultimate Uganda

Ugandans to Fund Over UGX 2.3 Trillion for Police Wages by 2030

Ugandans to Fund Over UGX 2.3 Trillion for Police Wages by 2030

Ugandans will be asked to pay more than UGX 2.368 trillion in taxes over the next five years to cover the salaries of officers and staff of the Uganda Police Force (UPF). This revelation came from Aggrey Wunyi, the Undersecretary of the Uganda Police Force, when he appeared before Parliament’s

Ultimate Uganda

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the

Ultimate Uganda

Electoral Commission sets Tuesday for fresh elections in three constituencies

Electoral Commission sets Tuesday for fresh elections in three constituencies

The Electoral Commission has announced that fresh parliamentary voting will take place on Tuesday, January 27, 2026, in areas where elections were earlier halted due to serious irregularities.The affected constituencies are Kibanda North in Kiryandongo District, Ibanda Municipality in Iban

Ultimate Uganda

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Uganda’s Chief of Defence Forces Muhoozi Kainerugaba has warned that Uganda could retaliate against any U.S. sanctions imposed on him or the country, escalating diplomatic tensions after senior American lawmakers questioned the credibility of Uganda’s recent elections.In a series of po

Ultimate Uganda

Someone Finally Found a Way to Leave James Woods Speechless

Someone Finally Found a Way to Leave James Woods Speechless

Mike Row recently interviewed James Woods on his YouTube show People You Should Know.It's hard to find better examples of celebrities who are authentic individuals you'd like to share a meal and conversation with.Rowe spoke admirably of Woods following their meeting.Years fro

Ultimate Uganda

Mamdani’s Bombshell Book Explodes Museveni, Idi Amin Myths

Mamdani’s Bombshell Book Explodes Museveni, Idi Amin Myths

It’s been decades since I read a book as compelling as Prof Mahmood Mamdani’s extraordinary tour de force on Uganda. For most open-minded readers, this book will shake some deeply-entrenched mainstream myths and fallacies that have been inculcated and nurtured by powerful national and global

Ultimate Uganda