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Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

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

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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

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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

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Senior Legal Officer Breaks Down Uganda’s Mining Law From Prospecting to Extraction

Senior Legal Officer Breaks Down Uganda’s Mining Law From Prospecting to Extraction

KAMPALA, Uganda – A breakdown of Uganda’s mining law, from prospecting to extraction, shows that mineral development follows a structured licensing sequence, a senior legal officer said.Loyola Rwabose Karobwa, a senior legal officer at the Ministry of Energy and Mineral Development, ou

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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

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MINISTERS ON THE CHOPPING BLOCK! Kinyara–Victoria Sugar War Explodes as Weighbridge Chaos, Farmer Cries & Political Infighting Reach M7

MINISTERS ON THE CHOPPING BLOCK! Kinyara–Victoria Sugar War Explodes as Weighbridge Chaos, Farmer Cries & Political Infighting Reach M7

Eight ministers may face the knife over the raging Kinyara Sugar Limited and Victoria Sugar war, a battle of World War II magnitude that has rocked the sugar sector and left political heavyweights bruised, exposed, and fighting for survival as a looming cabinet reshuffle casts a long shadow over

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Yusuf Nsibambi Turns NBS Face-Off Into Political Firestorm as He Blasts NUP, Defends His Shift and Declares Opposition “Lost Direction”

Yusuf Nsibambi Turns NBS Face-Off Into Political Firestorm as He Blasts NUP, Defends His Shift and Declares Opposition “Lost Direction”

Outgoing Mawokota South Member of Parliament Yusuf Nsibambi has sparked a political storm after a tough and unapologetic appearance on NBS Television’s Face-Off, where he delivered a hard-hitting critique of the National Unity Platform (NUP), defended his political shift, and painted a dramatic

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ANT Confident Kasule Will Deliver on the Floor of Parliament

ANT Confident Kasule Will Deliver on the Floor of Parliament

Incoming Hoima West Division Member of Parliament Ismail KasuleThe Alliance for National Transformation says Hoima West MP Ismail Kasule is well prepared to handle parliamentary business, citing his deep involvement in party decision-making and ongoing engagement with national issues.

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How firm lost Shs 10bn Yaka metre deal from UEDCL for ‘inflating’ its prices

How firm lost Shs 10bn Yaka metre deal from UEDCL for ‘inflating’ its prices

A dispute over a multi-billion shilling electricity metre tender has collapsed after the PPDA Appeals Tribunal dismissed a case filed by Uzuzi Meter Technologies Limited against Uganda Electricity Distribution Company Limited (UEDCL).In a ruling delivered on April 2, 2026, the Tribunal did

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Ugandan Lawyer and Businessman Charles Odere Appeals USD400,000 Arena Mall Ruling

Ugandan Lawyer and Businessman Charles Odere Appeals USD400,000 Arena Mall Ruling

What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con

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