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
A trade order operation on wetlands encroachment in Hoima City has left the Kasamba bus coach company on the spot for supporting illegal motor vehicle washing bays in wetlands within Hoima City premises.The company bus was impounded and driven to Hoima Central Police Station (CPS). A bus w
Mukono — After years of slipping performance and growing scrutiny, Mukono Municipality is staging a notable comeback—re-entering the top 10 in Uganda’s latest Local Government performance rankings and offering a case study in how administrative recalibration and political alignment can shif
KAMPALA — A sudden withdrawal of donor funds has pushed Uganda and its development partners to confront a difficult reality: the era of relying heavily on external aid is becoming increasingly uncertain.The shift comes into sharper focus as the Kampala Geopolitics Conference 2026 opened
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
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
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
According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell
Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a
MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic
