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SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po

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Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor

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Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p

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When climate risk becomes a budget risk

When climate risk becomes a budget risk

Despite legal buffer requirements of 100 metres from rivers and 200 metres from lakes,wetlands are increasingly encroached upon by settlements, farming, sand mining, and industrial activity, largely because oversight and enforcement remain underfunded.Here is why climate change is no longe

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Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.

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Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga

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Local Government Ministry Unveils Strategic Priorities for 2026–2030, Ugx2.2 Trillion Needed

Local Government Ministry Unveils Strategic Priorities for 2026–2030, Ugx2.2 Trillion Needed

Ministry of Local Government Permanent Secretary Ben Kumumanya (right) handing over the contract to a team from UB Consulting at the Ministry of Local Government Headquarters in Kampala on Wednesday 30 April 2025.KAMPALA – The Ministry of Local Government has unveiled a new five-year str

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UNATU Runs Back to Speaker Over Missing Salary Enhancements in Budget

UNATU Runs Back to Speaker Over Missing Salary Enhancements in Budget

As schools across the country prepare to open for the new academic year, the Uganda National Teachers’ Union (UNATU) has signalled a shift in strategy amid continued disappointment over unfulfilled government promises to enhance salaries for arts teachers. For many years, the opening of schools

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Outrage As Defeated MP withdraws Scholarships From Students

Outrage As Defeated MP withdraws Scholarships From Students

Outrage has erupted in parts of Mawokota County South after Forum for Democratic Change (FDC) Parliamentary Whip and outgoing MP Yusuf Nsibambi allegedly withdrew bursary support for dozens of students following his defeat in the recent presidential and parliamentary elections.Nsibambi is

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Kampala Hotel Manager and Security Guard Stabbed to Death

Kampala Hotel Manager and Security Guard Stabbed to Death

Police are investigating the brutal killings of a hotel manager and a security guard at Dave Hotel and Suites in Mbubi Zone, Kampala. The two employees were found stabbed to death over the weekend, and a vehicle was reportedly stolen from the premises.The victims, 30-year-old Shivani Asasi

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