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Buzeki to political leaders: Residents must get value for their taxes

Buzeki to political leaders: Residents must get value for their taxes

Sharifah Buzeki speaks to journalists during the Weyonje campaign in Kawempe DivisionThe executive director of Kampala Capital City Authority (KCCA), Sharifah Buzeki, has pledged to collaborate with elected political leaders who prioritise service delivery to city residents, while cautioni

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Parliament Rejects UGX300 Billion Request For Rural Electrification

Parliament Rejects UGX300 Billion Request For Rural Electrification

Parliament has rejected a proposal by the Ministry of Energy and Mineral Development to allocate an additional 300 billion Shillings for rural electrification in the 2026/27 financial year.Presenting the report of the Committee on Natural Resources, Soroti East MP Herbert Ariko urged the g

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M7 New Cabinet Lineup Takes Shape After Kyankwanzi, As Ugandans Count Down to Swearing-In Day 12th May

M7 New Cabinet Lineup Takes Shape After Kyankwanzi, As Ugandans Count Down to Swearing-In Day 12th May

The just-ended NRM MPs Kyankwanzi retreat was infiltrated by more than 50 undercover political operatives and IOs whose duty it was to help gather intrusive personal information about the targeted new MPs’ suitability for inclusion in Cabinet.The information gathered is meant to guide th

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From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

Agriculture employs more than 70% of Uganda’s population, but for many households it remains subsistence, low input, low output, and highly exposed to weather and price shocks. Access to financing is still limited, and value addition across most value chains remains underdeveloped.That s

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NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

The ruling National Resistance Movement (NRM) has dismissed claims that its Members of Parliament were each paid Shs100 million following a recent retreat at the National Leadership Institute Kyankwanzi.Reports circulating in the public domain had alleged that NRM-affiliated legislators, a

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Finance Ministry Strengthens Oversight of Public Investments With New Technical Committee

Finance Ministry Strengthens Oversight of Public Investments With New Technical Committee

The government has taken a major step toward tightening oversight and improving the efficiency of public investments through the inauguration of a multi-agency technical committee under its broader public finance reform agenda.The Ministry of Finance, Planning and Economic Development has

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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

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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

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MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

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Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l

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