Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.
Kira Municipality MP Ibrahim Ssemujju Nganda ahas sharply criticised Uganda’s proposed Protection of Sovereignty Bill, arguing that its true intent goes beyond what is written in the draft legislation and may be aimed at tightening political control through financial regulation.Speaking
Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State
KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and working abroad.In a sitting Thursday presided over by Speaker Anita Among, lawmakers also rejected a government proposa
Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig
Parliament has passed the National Teachers Bill after removing one of its most contentious provisions — a clause that would have made a bachelor’s degree in education a mandatory requirement for registration as a teacher in Uganda.The decision, reached after heated debate in the House
Kampala, Uganda | URN | More than 2,000 pilgrims from the Diocese of Butembo in the Democratic Republic of Congo have confirmed their participation in this year’s Uganda Martyrs Day celebrations, scheduled for June 3 at the Namugongo Catholic Shrine in Kampala.Rt. Rev. Aquirinus Kibira K
A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen
Vision Group is demanding the World Bank Shs 2.7 million in unpaid advertisements and promotions across its platforms, we can reveal.According to the list of Vision Group debtors seen by Bbeg Media, the World Bank, a multilateral lender, is one of several reputable international organisati
The Ministry of Finance, Planning and Economic Development has released Shs101 billion to build 11 kilometres of roads inside the Sino-Uganda Mbale Industrial Park, as government moves to improve infrastructure and attract more investors.The funds are part of the 2025/2026 financial year b
