Business •
24 Oct '24
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo
Business •
21 Oct '24
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
Business •
21 Oct '24
Mobile phone subscribers in Uganda are now spending an average of Shs13,365 per month on mobile phone services, according to a report by Uganda Communications Commission (UCC). The report, which reviews the quarterly performance of the telecommunication sector, indicates that the average
Business •
21 Oct '24
Controversy has continued to brew over the government’s Rationalisation of Agencies and Public Expenditure (Rapex) with the Uganda National Road Agency (Unra) and Uganda Road Fund (URF), the latest entities to show a stomach for fighting to the bitter end.
Business •
21 Oct '24
President Museveni had cautioned Uganda’s Permanent Secretaries against engaging in acts of corruption. “On corruption, you have the lead role because you are the one in charge of government money, person
Business •
17 Oct '24
Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zones Authority into one entity called the Uganda Free Zones and Export Promotions Authority. For nearly three weeks now,
Business •
16 Oct '24
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin
Business •
14 Oct '24
Finance Minister Matai Kasaija has said Uganda has installed a total of 4,354 kilometre of fiber cables across the country, connecting 1,523 key government service delivery units to the National Backbone Infrastructure. Speaking during the 15th National Competitiveness Forum in Kampala,
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Last week, our beloved Chief of Defence Forces General Muhoozi Kainerugaba was back in the spotlight, once again using his favoured communication tool — X. His tweet directed at the US ambassador offered two options: apologise to President Museveni or face deportation. This response