Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
In order for a relationship to be formed, one person can't be constantly giving more than the other person.ByA relationship can only be formed if both people are ready to commit and if they are both willing to give their all to make it work, without any games involved. Otherwise, we
KAMPALA: The Chief Justice, Alphonse Owiny-Dollo, has urged High Court judges to treat electoral petitions with the seriousness of cases that affect the entire public, noting that election disputes go beyond individual candidates and touch the will of the electorate. His guidance comes barely a m
Speaking during a campaign rally in Serere Town, Kyagulanyi emphasized the importance of support from the security forces. The rally was marked by a heavy deployment of police, the Uganda People’s Defence Forces (UPDF), and other security agencies, which he said were intended to block his entry
Nairobi — On the first anniversary of the conviction of ailing Burundian journalist Sandra Muhoza, 127 African women journalists have written her a joint letter expressing solidarity, calling for her unconditional release, and decrying her imprisonment as robbing the public of "an important voi
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor
The government has announced early payment of December salaries and pensions for public officers and pensioners, directing that all payments be processed by December 23, 2025, ahead of the festive season.In a circular dated December 12, 2025, the Ministry of Public Service instructed all r
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images
