Search Results

Uganda’s rising debt, shrinking lives

Uganda’s rising debt, shrinking lives

How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line sn

Ultimate Uganda

DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation

Ultimate Uganda

4 Retirement Costs You Might Underestimate.

4 Retirement Costs You Might Underestimate.

Key PointsAs you near the end of your career, it's important to assess your finances to see if you're ready to retire. And a big part of that means setting a retirement budget.Once you've mapped out your monthly or yearly expenses, you can see if you'll have en

Ultimate Uganda

KIU Statement On The State Of Affairs In The University.

KIU Statement On The State Of Affairs In The University.

Dear Parents, Students, Stakeholders and the entire public, Kampala International University has noted with concern the ongoing media engagements relating to the state of affairs in the university. The major issues of contention include students’ tuition payment policy, academic issues and welf

Ultimate Uganda

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper

Ultimate Uganda

Morocco plans coal power phase-out by 2040

Morocco plans coal power phase-out by 2040

Morocco plans to abandon coal power entirely by 2040 if it secures international climate finance, the Powering Past Coal Alliance (PPCA) said on Thursday.Morocco joined the international PPCA, a group of around 60 governments seeking to phase out coal power, in 2023, in a bid to progress n

Ultimate Uganda

Trump eyes exit for embattled Cabinet member

Trump eyes exit for embattled Cabinet member

Secretary of Health and Human Services Robert F. Kennedy Jr.’s recent moves at the agency have been a public relations nightmare for President Donald Trump — and some Beltway insiders believe the commander-in-chief could soon be ready to cut ties with the embattled Cabinet member, Knewz.com c

Ultimate Uganda

BREAKING! Mbale Court Jails 2 Senior Manafwa District Officials Over Shs1.6 Billion Fraud.

BREAKING! Mbale Court Jails 2 Senior Manafwa District Officials Over Shs1.6 Billion Fraud.

Betty Namono, the Principal Human Resources Officer, and Michael Bichacha, the former Chief Finance Officer in Court.The Mbale High court has sentenced two senior Manafwa district officials to two years in prison and ordered them to pay back over 1.6 billion shillings lost in a

Ultimate Uganda

MTN MoMo and Partners Launch Nationwide Cybersecurity Awareness Campaign

MTN MoMo and Partners Launch Nationwide Cybersecurity Awareness Campaign

MTN Mobile Money (U) Ltd (MTN MoMo) and partners have launched a nationwide cybersecurity awareness campaign under the theme “Securing the Future: The Rise of AI” to educate customers on safe digital practices amid rising cyber threats.Speaking at a p

Ultimate Uganda

Kenzo Considers Resignation from Federation Presidency over SACCO Money

Kenzo Considers Resignation from Federation Presidency over SACCO Money

Musician Eddy Kenzo has threatened to resign from the Presidency of the Uganda National Musicians Federation (UNMF).He said he will consider resigning and leaving the position because of the Ministry of Finance’s plan to prevent

Ultimate Uganda