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Uganda Secures Financing for Standard Gauge Railway Project

Uganda Secures Financing for Standard Gauge Railway Project

Uganda’s Standard Gauge Railway (SGR) project has officially moved into the implementation stage, underpinned by a robust financing structure designed to ensure timely completion.Perez Wambulu, National Coordinator for the SGR project, confirms that the government has set aside 75 millio

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Businessman Defends Shs 427m Loan Recovery Suit Against Stanbic Bank

Businessman Defends Shs 427m Loan Recovery Suit Against Stanbic Bank

Kampala, Uganda | The High Court’s Commercial Division has granted city businessman Dalaus Katongole, trading as Ngoleda Stores, permission to defend a suit filed by Stanbic Bank Uganda Ltd seeking to recover Shs 427 million. Justice Patience T.E. Rubagumya ru

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High Court upholds Equity Bank’s $10m loan against Simbamanyo, dismisses fraud claims

High Court upholds Equity Bank’s $10m loan against Simbamanyo, dismisses fraud claims

Simbamanyo house which was acquired by tycoon Sudhir Ruparelia.The Commercial Division of the High Court has dismissed a high-profile legal challenge filed by Simbamanyo Estates Limited, ruling that the $10 million post-import loan facility extended to Eq

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Global Energy Independence Day: Equity Bank’s Commitment to Energy Sustainability

Global Energy Independence Day: Equity Bank’s Commitment to Energy Sustainability

As the world marks Global Energy Independence Day 2025 on July 10th 2025, Equity Bank Uganda is leading the charge toward sustainable energy access with its bold commitment to clean energy financing.The bank has emerged as a key driver of clean energy access through its transformative Equi

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Museveni Calls for Household Census in Kampala to Improve PDM Budgeting

Museveni Calls for Household Census in Kampala to Improve PDM Budgeting

President Museveni has directed local authorities in Kampala’s five divisions to conduct a thorough household census to guide equitable allocation of funds under the Parish Development Model (PDM).The directive came during his visit to Kyambogo Complex Parish in Nakawa Division on S

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“We want roads, not excuses,” Residents Roar as Engineer is Arrested Over Missing Shs1.3B Road Funds

“We want roads, not excuses,” Residents Roar as Engineer is Arrested Over Missing Shs1.3B Road Funds

A cloud of scandal hangs over Kamuli District after its senior engineer was arrested in connection with the disappearance of Shs1.3 billion meant for road rehabilitation projects. The arrest follows a probe by Uganda Police and district authorities into incomple

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NUP Launches Probe into Sexual Harassment and Electoral Misconduct Allegations

NUP Launches Probe into Sexual Harassment and Electoral Misconduct Allegations

The National Unity Platform (NUP) has instituted a special investigative committee to examine allegations of sexual harassment and electoral malpractice involving some of its aspirants for the 2026 general elections.Party president Kyagulanyi Ssentamu Robert, popularly known as Bobi Wine,

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PDM: A New Dawn or Another Cycle?

PDM: A New Dawn or Another Cycle?

Uganda’s Parish Development Model (PDM) aims to break the cycle of poverty by focusing development efforts at the parish level, with a promise of Shs100 million annually per parish to boost household incomes.While early success stories show promise, lingering concerns over fund delays, p

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Outdated HIV Kit Supplier ABBOTT accused of Secretly financing Politicians in Health Ministry to Sabotage safer Testing rollout

Outdated HIV Kit Supplier ABBOTT accused of Secretly financing Politicians in Health Ministry to Sabotage safer Testing rollout

Uganda’s Ministry of Health is at risk of losing critical funding from the Global Fund, one of the largest donors in the fight against HIV/AIDS, amid explosive allegations that ABBOTT Laboratories, a supplier of HIV test kits, is covertly financing influential

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Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

The Ministry of Finance has announced that over Shs 8.03 trillion has already been channelled into Uganda’s key wealth creation programmes—namely the Parish Development Model (PDM) and Emyooga—marking a substantial boost in efforts to transform household incomes and uplift the national econ

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