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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

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Government earmarks UGX 2.2 trillion for five-year local government plan

Government earmarks UGX 2.2 trillion for five-year local government plan

KAMPALA, Uganda — The government has unveiled an ambitious five-year strategic plan for the Ministry of Local Government, earmarking 2.2 trillion shillings to bolster decentralization and drive more citizens into the formal economy.The plan, which runs from the 2025-26 through the 2029-3

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New Audit Report: Money collected at Uganda Airlines’ Juba office was Never banked

New Audit Report: Money collected at Uganda Airlines’ Juba office was Never banked

Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak

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Bobi Wine Reportedly Leaves Uganda

Bobi Wine Reportedly Leaves Uganda

The reported departure follows days of heightened tension after Kyagulanyi said he went into hiding on January 16, citing a military raid on his Magere home and fears for his personal safetyBobi Wine speaking during a rally in Luwero last yearKAMPALA — Opposition leader Robert Kya

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LIBYA TURMOIL! Gaddafi son Saif al-Islam gunned down

LIBYA TURMOIL! Gaddafi son Saif al-Islam gunned down

Saif al-Islam Gaddafi, the son of the longtime former Libyan leader Muammar Gaddafi, has been killed in Libya.Ahmed Khalifa, an Al Jazeera Arabic correspondent in the North African country, said on Tuesday that Gaddafi is believed to have been shot and killed in the western Libyan city of

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Mao tests the limits of his pact with Museveni

Mao tests the limits of his pact with Museveni

KAMPALA, Uganda — For two years, Norbert Mao has served as the intellectual bridge between Uganda’s entrenched establishment and its fractured opposition. Now, as the dust settles on the 2026 general election, the veteran politician is signaling a desire to lead the very institution he once c

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You’ll never be minister again - Kainerugaba, Baryomunsi blast each other on X

You’ll never be minister again - Kainerugaba, Baryomunsi blast each other on X

Gen Muhoozi Kainerugaba and ICT minister Chris Baryomunsi have intensified their public feud, trading sharp remarks on X amid growing political tensionsThe rift between Chief of Defence Forces (CDF) Gen Muhoozi Kainerugaba and ICT and National Guidance minister Dr Chris Baryomunsi continue

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Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

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Bamuturaki exit: Fired airline staff to be rehired, whistleblowers rewarded

Bamuturaki exit: Fired airline staff to be rehired, whistleblowers rewarded

Reports indicate that former airline staff members who were dismissed during the tenure of outgoing CEO will be rehired.Fresh staff restructuring is expected at Uganda Airlines after the exit of CEO Jenifer Mabuturaki.Reports indicate that former airline staff members who were dismi

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Uganda to launch nationwide road and rail overhaul in 2026

Uganda to launch nationwide road and rail overhaul in 2026

Uganda’s Ministry of Works and Transport unveils a major 2026 infrastructure plan featuring road rehabilitations, railway upgrades, and water transport projects.KAMPALA, Uganda — The Ministry of Works and Transport has unveiled a massive infrastructure plan for 2026, targeting the reha

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