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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), out of t

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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

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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

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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 fraud scan

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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

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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

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Why Uganda’s oil refinery remains behind schedule

Why Uganda’s oil refinery remains behind schedule

An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in

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Uganda Must Partner with Experts, Law Enforcement to Guard Against Cybersecurity Threats

Uganda Must Partner with Experts, Law Enforcement to Guard Against Cybersecurity Threats

Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the global cybersecurity market is projected to more than double to $562.77 billion by 2032—a reflection of the scale of inve

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Makerere Law Professor Appointed to University of Leeds Advisory Board

Makerere Law Professor Appointed to University of Leeds Advisory Board

Dr Winnie Tarinyeba Kiryabwire, an Associate Professor at Makerere University School of Law, has been appointed to the Advisory Board of the Centre for Business Law and Practice (CBLP) at the University of Leeds in the United Kingdom.Her appointment places a Ugandan legal scholar at the he

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Parliament Approves Shs772 Bn Loan to Tackle Water Crisis in Four Districts

Parliament Approves Shs772 Bn Loan to Tackle Water Crisis in Four Districts

The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli

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