Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp
PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell
Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a
Uganda said on Thursday it had appointed Citibank to mobilise financing needed to fund the country's planned 2.7 billion euro ($3.19 billion) Standard Gauge Railway (SGR) project.In a post, opens new tab on the X platform, the East African country's finance ministry said Uganda is "in t
MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic
The Ministry of Health Uganda has requested UGX100 billion in the 2026/27 financial year to operationalise the long-awaited International Specialised Hospital of Uganda, as construction reaches 70 percent completion.Health Minister Jane Ruth Aceng revealed the funding request while present
In what could mark a turning point in government communication, Allan Kasujja, the newly appointed Executive Director of the Uganda Media Centre (UMC), has rolled out an ambitious blueprint to redefine how Uganda tells its story to the world.A seasoned journalist and former BBC broadcaster
The Committee is also concerned that disbursement is performance-linked, meaning that continued slow progress will directly reduce KCCA's access to programme funds and jeopardise the broader metropolitan development objectivesParliament’s Committee on Physical Infrastructure has raise
