Police on Monday arrested six environmental activists who stormed TotalEnergies' offices in Kampala, allegedly to submit a petition against the East African Crude Oil Pipeline (EACOP) project.The petitioners were demanding that the project be stopped and that the company take on and invest
Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report
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
There is a silent pattern that plays out every single day, especially in our part of the world. The moment someone is perceived to have money—whether they are actually rich or just slightly better off—their phone changes purpose. It stops being a communication tool and becomes a request cente
In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit
KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal managers and raising concerns about the long-term burden on citizens and businesses.According to the Ministry of Finance,
Kampala, Uganda: Civil society organisations have raised alarm over Uganda’s growing public debt and widening gaps in health sector funding, warning that the latest Auditor General’s report exposes serious weaknesses in the management of public resources.The report examined 182 ministr
The State Minister for Transport, Musa Ecweru has directed for the immediate eviction of car dealers operating in road reserves and pedestrian walkways in Kampala City.The Minister gave the order on Tuesday, March 3, 2026 saying,” I have directed coordinated compliance operations with th
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
Muwanga Kivumbi surrounded by Prisons officers at courtIn Ugandan politics, success is often framed as a function of numbers, party machinery, and public rhetoric.Yet some political moments are not won by slogans or crowds, but by alliances of trust, identity, and professional solid
