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Six Rubanda district officials arrested over embezzling Shs 107m

Six Rubanda district officials arrested over embezzling Shs 107m

Rubanda district officials arrestedSix officials from Rubanda district have been arrested by the Inspectorate of Government (IG) over the alleged embezzlement of Shs 107,688,900 in public funds.The suspects are Benon Kahangi, 48, the district production and marketing officer; Stephe

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Shs60bn BoU Heist: Nine Finance Ministry officials committed to high court for trial

Shs60bn BoU Heist: Nine Finance Ministry officials committed to high court for trial

Nine Finance Ministry officials have been committed to the High Court after the DPP sanctioned fresh charges in the alleged Shs60bn public funds loss case.Nine Finance Ministry officers were committed to the High Court over the alleged Shs60bn loss.Kampala, Uganda: The Director of P

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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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UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit

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IRAN: Where Did All the Dead Leaders' Money Go, and Who Gets It?

IRAN: Where Did All the Dead Leaders' Money Go, and Who Gets It?

It's the dream, isn't it, to grow rich while running some s***hole Middle East country into the ground, before fleeing with your billions and retiring to some well-appointed quarters in Moscow's most exclusive neighborhood?Hey, don't knock it — it worked just fine for Bashar Assad. And w

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Uganda government releases new salary structure

Uganda government releases new salary structure

Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re

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Uganda government releases new salary structure

Uganda government releases new salary structure

Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re

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Jeema’s Basalirwa promised government job after Bugiri defeat

Jeema’s Basalirwa promised government job after Bugiri defeat

Speaking at a parliamentary Iftar dinner on Saturday evening Speaker Among hinted that Basalirwa would not be left without a role after his recent electoral lossSpeaker of Parliament Anita Among offered encouraging words to Asuman Basalirwa, the outgoing MP for Bugiri Municipality, who los

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DETAILED: Why Anita Among Doesn’t Deserve Another Term as Speaker of Parliament

DETAILED: Why Anita Among Doesn’t Deserve Another Term as Speaker of Parliament

Beyond the clouts, the video endorsements by different legislators especially the new comers making rounds on social media and the rushed CEC resolution backing Speaker Anita Among and Deputy Speaker Tayebwa’s to continue with their roles in the 12th parliament amidst protests from several CEC

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Spiro secures $50 million to expand electric bike network in Uganda

Spiro secures $50 million to expand electric bike network in Uganda

KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and electric vehicle fleet across Africa.The funding round, announced Tuesday, included participation from Afreximbank and two ne

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