Business •
04 Mar '26
Ugandans are asking one burning question: what exactly is going on at Uganda Electricity Distribution Company Limited?Ever since Umeme exited and UEDCL officially took over power distribution on April 1, 2025, complaints of persistent blackouts, delayed meter replacements, sluggish custome
Business •
04 Mar '26
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
Business •
03 Mar '26
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
Business •
03 Mar '26
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
Business •
28 Feb '26
It was a tense May evening in 2011 at State House Entebbe. Just days after his grand swearing-in ceremony at Kololo, Uganda’s long-serving leader, Yoweri Kaguta Museveni, sat down for his first major interview. The gardens were glowing under floodlights, but politically, the atmosphere was anyt
Business •
28 Feb '26
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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25 Feb '26
A power play for the ages: Justice Minister Norbert Mao and Speaker Anita Among. Once unlikely allies under President Museveni’s big tent, the two now find themselves on a collision course as Mao signals his intent to seize the speaker’s gavel. With the 12th Parliament on the horizon, the que
Business •
25 Feb '26
KAMPALA — The Government of Uganda has approved a budget of Shs56.9 billion to facilitate the long-awaited elections for Local Council One (LC1) and Local Council Two (LC2) leaders, with voting expected to take place before the swearing-in of President Yoweri Museveni.Cabinet cleared the
Business •
24 Feb '26
The Katikkiro of Buganda, Charles Peter Mayiga, has cautioned parents against sacrificing their long-term financial stability in pursuit of enrolling their children in what he described as “Ivy League” schools.As schools across Uganda reopen for the first term, many families are feelin
Business •
23 Feb '26
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