Search Results

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

Ultimate Uganda

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

Ultimate Uganda

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

Ultimate Uganda

IGG Raises Alarm Over Absenteeism, Land Grabbing, Corruption in Mukono

IGG Raises Alarm Over Absenteeism, Land Grabbing, Corruption in Mukono

Surprise inspection exposes staffing gaps, stalled services, and rising land disputes, with over 70% of Lands office staff absent.The Inspector General of Government (IGG), Aisha Naluze, has raised concern over widespread absenteeism among public servants in Mukono District, warning that i

Ultimate Uganda

KCCA Tightens Supervision on Kampala Road Works

KCCA Tightens Supervision on Kampala Road Works

Kampala Capital City Authority (KCCA) has intensified supervision of ongoing works under the Kampala City Roads Rehabilitation Project (KCRRP), with renewed focus on construction quality, public safety, and proper utility management.During an inspection tour on Wednesday, KCCA Deputy Execu

Ultimate Uganda

M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.

Ultimate Uganda

I Don’t Want to Hear Corruption Again in Parliament — Museveni Warns NRM MPs

I Don’t Want to Hear Corruption Again in Parliament — Museveni Warns NRM MPs

President Yoweri Museveni has issued a stern warning against corruption in Parliament, vowing decisive action against both bribe takers and givers .Speaking at the closing ceremony of the National Resistance Movement (NRM) retreat at the presidential farm in Nakaseke District, Museveni sai

Ultimate Uganda

CSOs press MAAIF to gazette banned and restricted pesticides

CSOs press MAAIF to gazette banned and restricted pesticides

Civil society organisations have urged the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) to issue a gazette notice detailing recalled and restricted pesticides, alongside clear compliance timelines and updates to the National Agrochemical Register.The call was made during

Ultimate Uganda

Corporal Tusiime has earned hajj, scholarship from his diligence at work

Corporal Tusiime has earned hajj, scholarship from his diligence at work

CORPORAL ABDALLAH TUSIIME is possibly the most popular traffic policeman in Kampala, currently.Based around Kamwokya and Kololo, his dedication to his work has earned him respect even up to Parliament and among motorists, with videos on TikTok showing him guiding traffic, come rain or shin

Ultimate Uganda

Lira authorities consider closing school after classroom collapse injures learners

Lira authorities consider closing school after classroom collapse injures learners

The incident occurred on Wednesday at around 12:55 PM during a lesson, when part of the classroom ceiling and a supporting beam suddenly gave way, triggering panic among learners who scrambled to escape.The school structure at Al-Aaqsa Islamic School in Lira City, which collapsed on Wednes

Ultimate Uganda