Search Results

Uganda forced to rethink financing as donor cuts disrupt UN programmes

Uganda forced to rethink financing as donor cuts disrupt UN programmes

KAMPALA — A sudden withdrawal of donor funds has pushed Uganda and its development partners to confront a difficult reality: the era of relying heavily on external aid is becoming increasingly uncertain.The shift comes into sharper focus as the Kampala Geopolitics Conference 2026 opened

Ultimate Uganda

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

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

Ultimate Uganda

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

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

Ultimate Uganda

COMPENSATE US: Apostle Grace Lubega Addresses Allegations of Church Blocking Road

COMPENSATE US: Apostle Grace Lubega Addresses Allegations of Church Blocking Road

Phaneroo Ministries International has dismissed social media reports alleging it is embroiled in a land dispute with the Uganda Heart Institute, labeling the claims as false, misleading, and based on a misrepresentation of facts.In a statement issued on April 16, 2026, the ministry respond

Ultimate Uganda

Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

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

Ultimate Uganda

Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g

Ultimate Uganda

KCCA road works lag as Parliament raises alarm over funding gaps, flood risk ‎

KCCA road works lag as Parliament raises alarm over funding gaps, flood risk ‎

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

Ultimate Uganda

Teacher pay system to change: Education ministry to use biometric tracking to determine monthly teacher salaries

Teacher pay system to change: Education ministry to use biometric tracking to determine monthly teacher salaries

WAKISO, Uganda — The government will begin paying teachers based on their daily attendance starting July 1, a radical policy shift aimed at curbing chronic absenteeism in public schools.Under the new reform, only teachers with at least a 95% attendance rate will receive their full monthl

Ultimate Uganda

Work begins on 37.5 billion shilling Kayunga–Senge–Kawanda road project

Work begins on 37.5 billion shilling Kayunga–Senge–Kawanda road project

WAKISO, Uganda — Residents and leaders in Wakiso District gathered today for the groundbreaking ceremony of the 6.5-kilometer Kayunga–Senge–Kawanda road, a project seen as a major infrastructure milestone for the region.The 37.5 billion shilling project is funded by the World Bank, t

Ultimate Uganda

Olise Dismisses Real Madrid “UCL Kings” Label After Shock Exit

Olise Dismisses Real Madrid “UCL Kings” Label After Shock Exit

Bayern Munich winger Michael Olise reacted with visible surprise after helping his side eliminate Real Madrid from the UEFA Champions League, while also questioning their long-held “Kings of the competition” reputation.The Nigerian-French star sparked debate in European football with h

Ultimate Uganda