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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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Kenzo Accuses Bebe Cool of Misrepresenting Museveni Studio Funds Amid Industry Tensions

Kenzo Accuses Bebe Cool of Misrepresenting Museveni Studio Funds Amid Industry Tensions

A fresh dispute has emerged within Uganda’s music industry after Eddy Kenzo accused fellow artist Bebe Cool of misrepresenting information to President Yoweri Museveni regarding funds reportedly allocated for studio equipment.Speaking during an interview at the Uganda National Museum, Ke

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Kasuku secures Shs 5billion from State House

Kasuku secures Shs 5billion from State House

Ugandan media personality Isaac Katende, better known as Kasuku, secured a pledge of Shs 5 billion from State House during the second edition of the Jazz with Jajja interaction held at President Yoweri Museveni’s Kisozi ranch.Ugandan media personality Isaac Katende, better known as Kasuk

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Uganda hits critical drilling milestone as July 2026 ‘first oil’ deadline looms

Uganda hits critical drilling milestone as July 2026 ‘first oil’ deadline looms

The Tilenga oil fields development project is located in the Lake Albert region of Uganda.KAMPALA — Uganda’s Lake Albert development has passed a decisive technical threshold, with drilling at the Tilenga oil field now exceeding the minimum capacity required to trigger commercial produ

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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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Barack Obama Is to Blame for Iran. Here’s Why.

Barack Obama Is to Blame for Iran. Here’s Why.

Americans woke up Saturday to something big. The United States and Israel launched a massive joint offensive against Iran’s regime, known as Operation Epic Fury. According to reports, targets included Iran’s supreme leader and president. Major combat operations are now underway, and the impli

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Former VP Ssekandi, Ministers, and Dignitaries Eulogize Late Isaac Kigozi at 40-Day Dua

Former VP Ssekandi, Ministers, and Dignitaries Eulogize Late Isaac Kigozi at 40-Day Dua

LUWERO – Former Vice President H.E. Edward Kiwanuka Ssekandi has commended parents who raise disciplined, patriotic children who contribute meaningfully to their communities and nation. He made the remarks during the 40-day Dua (prayer session) for the late Isaac Kigozi, son of Ambassador Abbey

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