Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy remained stable during the general election period and in the months that followed, according to the government’s pos
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes. Friends become more attentive, relatives resurface, banks suddenly extend courtesy, and suppliers are willing to offer goods on
Iran’s Islamic Revolutionary Guard Corps ran parallel procurement operations through the United Arab Emirates and Chinese suppliers to covertly acquire advanced military technology used to target American forces and US-allied infrastructure across the Middle East, according to two Financial Tim
family in Kole District is appealing for financial support to save the life of a nine-year-old boy who survived a deadly arson attack that killed his younger brother after unknown assailants torched a grass-thatched hut where the children were sleeping.The tragic incident happened on April
Hon Sanjay Tanna’s name rings across many homesteads, businesses, political groupings and social circles, not because he is a business mogul, but most importantly because of his energy in mobilizing support for NRM Candidates and President Yoweri Kaguta Museveni.From Bukedi in the 2021 g
confidential dossier has emerged detailing how President William Ruto’s Ugandan counterpart Yoweri Museveni was reportedly briefed in 2022 on alleged suspicious financial transactions linked to individuals within Parliament, including accounts associated with staff close to former Speaker Anita
The debate surrounding sovereignty protection laws has become increasingly significant across developing nations where governments seek stronger control over foreign influence and civil society. In Uganda, discussions around the proposed Sovereignty Bill have raised concerns among non-governmenta
After waiting 22 years for a Premier League title, Arsenal fans across Uganda have erupted into emotional celebrations so intense that even Agriculture minister Frank Tumwebaze found himself receiving early morning calls demanding financial contributions for victory parties instead of requests fo
this file photo, former Speaker of Parliament Rebecca Kadaga [left] and People's Front for Freedom council speaker Salaam Musumba attend a children’s event in Bugabula South, Kamuli District, wearing Independence medals. PHOTO/SAM CALEB OPIO People’s Front for Freedom (PFF) council spe
