Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
Renowned Ugandan journalist, politician, and corporate executive Onapito Ekomolot, affectionately known as Ona, left an indelible mark on his country’s media, politics, and business landscape. Born in rural Amuria district, Teso, northeast Uganda, Ona’s life
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes at a critical moment for Uganda’s tourism sector as it continues to recover from the significant disruptions caused by the COVID-
NAIROBI, Kenya (AP) — Tanzanian police arrested several high-profile opposition figures on Monday, including the chairman and deputy chairman of the country’s main opposition party, CHADEMA. The arrests came ahead of planned protests against what the party alleges is a government crackdown on it
Mbarara Regional Referral Hospital (MRRH) administration and local legislators have today welcomed a team of Uganda’s finest surgeons and health professionals for a highly anticipated surgical camp starting tomorrow, September 22nd, and running until the 28th. Dubbed the Ankole Surgical Camp, this
The National Unity Platform (NUP), a political movement that originated from the People Power movement, and its manifesto, outlining its vision for an inclusive, peaceful, and democratic Uganda. The party aims to end Uganda’s 35-year rule under the National Resistance Movement (NRM) through
Emmanuel Maniraguha, a hopeful member of Parliament for Kisoro Municipality in 2026, has urged the youth to focus on talent development as a key strategy to combat the country’s high unemployment rate. This message was delivered on Sunday, September 22, 2024, during the launch of the Kisoro
