The Ministry of Works and Transport faces severe financial problems after taking over the Uganda National Roads Authority. Minister Gen Edward Katumba Wamala told Parliament that his ministry now has a debt of Shs 1.3 trillion from UNRA.According to the Works Minister, the debt grows by Shs
Lieutenant Amon Ariho, the UPDF Engineering Brigade officer who killed himself, left behind a message to Chief of Defence Forces (CDF) Gen Muhoozi Kainerugaba before he shot himself dead.Lt Ariho reportedly drove
The Uganda People’s Defence Forces (UPDF) is mourning the tragic loss of Lieutenant Amon Ariho, who took his own life after writing a heartbreaking letter to the Chief of Defence Forces (CDF). Lt Ariho, who had served in the UPDF since 2013, ended his life by
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million
Quincy Jones, the man known simply as "Q," was a huge influence on American music in his work with artists ranging from Count Basie to Frank Sinatra and reshaped pop music in his collaborations with Michael Jackson. Jones died on Sunday at the age of 91, his publicist said. There was
The US heads to the polls today, with many across Africa, including Uganda, hopeful that the incoming president will maintain foreign aid that supports educational programmes. The US has significantly contributed to Uganda's education sector through scholarships, partnerships, funding, a
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
