Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.
A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen
Vision Group is demanding the World Bank Shs 2.7 million in unpaid advertisements and promotions across its platforms, we can reveal.According to the list of Vision Group debtors seen by Bbeg Media, the World Bank, a multilateral lender, is one of several reputable international organisati
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of
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
Andrew Mwenda argues that President Museveni’s age and fatigue are weakening his judgement, leading to risky decisions on major government investments.Journalist and political analyst Andrew Mwenda is amping up his critique of President Yoweri Museveni, arguing that age and fatigue have
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
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
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
According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell
