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How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it

Ultimate Uganda

Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac

Ultimate Uganda

Court Orders MP To Pay Nearly UGX 5 Billion in Loan Default Case

Court Orders MP To Pay Nearly UGX 5 Billion in Loan Default Case

The Commercial Division of the High Court has ordered Jie County MP, Lokii Peter Abrahams, to pay businessman and money lender Amit Jain nearly 5 billion Shillings for failure to repay a loan taken in 2012.Justice Steven Mubiru ruled that Lokii defaulted on a 265 million Shillings loan, wh

Ultimate Uganda

Uganda’s impeding debt crisis

Uganda’s impeding debt crisis

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

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Transport ministry overhauls traffic penalty system to address public outcry

Transport ministry overhauls traffic penalty system to address public outcry

Uganda's Ministry of Works and Transport extends the suspension of the automated Express Penalty Scheme (Auto EPS) and new speed limits as the review of controversial traffic laws continues.KAMPALA, Uganda — The Ministry of Works and Transport is overhauling the national automated traffi

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Gov’t Targets 30 km/h Zones as Express Traffic Fines Return

Gov’t Targets 30 km/h Zones as Express Traffic Fines Return

Winstone Katushabe, commissioner for road safety at the Ministry of Works and Transport addressing stakeholders on Wednesday in KampalaKAMPALA: Uganda is preparing to reinstate its automated traffic fines system, with officials now focusing on enforcing a 30 kilometres per hour speed limit

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USED AND DUMPED: NRM Cadre Who Flipped 13 NUP Candidates Cries Out as Party Bigwigs Block Him from Meeting M7

USED AND DUMPED: NRM Cadre Who Flipped 13 NUP Candidates Cries Out as Party Bigwigs Block Him from Meeting M7

A disgruntled mobiliser for the National Resistance Movement (NRM) in Northern Uganda has come out with a detailed account of frustration and financial strain, accusing senior officials in Kyadondo of blocking his efforts to meet party chairman Yoweri Museveni after he convinced a group of opposi

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Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm

Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm

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,

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VIDEO: Engineer Cries on National TV, Alleges Paying Bobi Wine Shs600 Million for NUP Nomination

VIDEO: Engineer Cries on National TV, Alleges Paying Bobi Wine Shs600 Million for NUP Nomination

Kampala, Uganda — A former parliamentary aspirant for Nansana Municipality, Engineer Stephen Kaweesa, has publicly accused Robert Kyagulanyi, the leader of the National Unity Platform (NUP), of taking Shs600 million from him in exchange for the party’s parliamentary nomination ahead of the 20

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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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