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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

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Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€

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Uganda receives first batch of pipes for crude oil project

Uganda receives first batch of pipes for crude oil project

Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline i

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Tricks school owners use to fleece parents

Tricks school owners use to fleece parents

Good grades and great learner welfare are key things parents look for before sending their children to any school. But to some school managers, their main motive for investing in the education sector is doing business. And to live up to this, they have come up with tactics to attract numbers

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Fear after female jogger killed on Northern Bypass

Fear after female jogger killed on Northern Bypass

A woman in her 30s, who is suspected to have been jogging near the Northern Bypass before she was hit with a blunt object on the head by unknown persons, has been found dead. Police found the body of Agnes Nantongo, a Manager at African Oil Petrol Station, near Agenda Bridge at Kamuli A

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I will stand again for president in 2026, says Bobi Wine

I will stand again for president in 2026, says Bobi Wine

It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling better and all the small wounds on the skin are covering up. However, there is still excruciating pain in the inner part

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What's behind the war that has driven Sudan to famine?

What's behind the war that has driven Sudan to famine?

A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one area in Darfur into famine. WHAT TRIGGERED THE VIOLENCE? Tensions had been building for months before fighting betw

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How Lugogo Cricket Oval and Serena revolutionized the showbiz scene

How Lugogo Cricket Oval and Serena revolutionized the showbiz scene

In 2022, Sheebah Karungi did the unthinkable, organised twin concerts at Kampala Serena’s Victoria Conference Hall. It was an ambitious move that could still show how much local music has come; for instance, there was a time when the biggest Ugandan concerts took place at Kyadondo Rugby Gr

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Government loans worth Shs13 trillion remain unutilised 

Government loans worth Shs13 trillion remain unutilised 

The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that

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More than $800 million pledged for mpox response, African CDC says

More than $800 million pledged for mpox response, African CDC says

Over $800 million has been pledged to the Africa Centres for Disease Control and Prevention for its fight against a surging mpox outbreak on the continent, the agency's head said on Thursday, adding that the amount was higher than expected. It had previously promised to raise $600 millio

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