Business •
09 May '26
According to the summary of the financial resource envelope for 2026/2027, the budget is expected to be financed through locally raised revenue, central government transfers, external financing, and other transfers.The summary indicates that locally raised revenue remains at shs2,637,558,0
Business •
09 May '26
Leaders in Kaberamaido District have raised concerns over poor local revenue collection, warning that overreliance on a single market is hampering service delivery and council operations.Chief Administrative Officer Masokoi Swaliki said the district currently depends heavily on revenue fro
Business •
09 May '26
Eng. Joselynne Rwakakooko was appointed the acting managing director of UEDCL, replacing Paul Mwesigwa, and her first move has been to sack the top management in a move seen as done either in panic, office politics or sheer excitement.The ongoing restructuring at the Uganda Electricity Dis
Business •
09 May '26
For years, Vincent Frerrio Bamungaki Sempijja (who personally mentored greats likes AIGP Andrew Felix Kaweesi) served as Masaka LC5 Chairman before moving on to become Kalungu East MP for two terms (2011-2021).In 2021, he was dethroned by NUP’s Francis Katongole Katabazi who rode on the
Business •
09 May '26
Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan national, worked as an account manager at a top Beverly Hills firm, which handles the financial and business affairs of elite celebri
Business •
09 May '26
Police have arrested two suspects and recovered two laptops following the recent break-in at Bank of Uganda headquarters in Kampala.Police arrested two suspects over the theft of seven laptops from Bank of Uganda headquarters.Officers recovered two stolen laptops during the operatio
Business •
07 May '26
The government’s plan to fully implement free and compulsory basic education is expected to return to the Cabinet for fresh guidance, as significant funding gaps and other critical challenges continue to hinder its rollout.The policy, which seeks to strengthen Universal Primary Education
Business •
07 May '26
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Business •
07 May '26
Female fish traders operating along Uganda’s border points have raised concern over rising cases of sexual harassment, corruption, and inconsistent trade regulations that they say are undermining their businesses and livelihoods.The complaints were voiced during a stakeholder dialogue or
Business •
07 May '26
The Ministry of Works and Transport is drafting legislation to introduce accident victim assessors, a new cadre of professionals expected to quantify compensation claims and strengthen accountability for road crashes. Officials say the proposed law will empower assessors, also referred to