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Equity Bank seminar empowers Kampala salon owners

Equity Bank seminar empowers Kampala salon owners

Salon Owners at the Equity Bank Salon Owners Seminar at Pope Paul Memorial Centre LubagaKAMPALA, Uganda — Two years ago, Jessica Muteteri’s salon was failing. Rent was overdue, utility bills were mounting and staff wages felt like a chokehold on her enterprise.The struggle chang

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HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli

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Kenyan President calls for emergency EAC summit as $89 million gap threatens to paralyze the bloc

Kenyan President calls for emergency EAC summit as $89 million gap threatens to paralyze the bloc

The President of Kenya and Chairperson of the East African Community (EAC) William Samoei RutoKenya’s President William Ruto has called for an emergency summit of Heads of State of the East African Community (EAC) to attempt to deal with mounting financial crisis at the regional bloc.

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Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Rome, Italy — Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, has met the President of the International Fund for Agricultural Development (IFAD), Mr Alvaro Lario, in Rome, Italy, to discuss continued cooperation aimed at improving rural livelihoods and strengt

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Mukono to cover drainages to address open drain risks

Mukono to cover drainages to address open drain risks

Mukono, Uganda | THE INDEPENDENT | Mukono Municipal Council has agreed to cover open drainage channels along sections of the Nasuti–Nakabago–Ntawo and Bajo–Seeta roads, following sustained safety concerns from residents, traders, and road users.Town Clerk Francis Byabagambi said the

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Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t

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SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po

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Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.

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Museveni: We’re Planning International Airports in Kigezi, Mbarara

Museveni: We’re Planning International Airports in Kigezi, Mbarara

The project is aimed at easing access to the gorilla-tracking destinations of Bwindi Impenetrable National Park and Mgahinga Gorilla National ParkPresident Museveni has said Uganda plans to build new international airports in the country’s southwestern region, including a tourism-focused

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Gen. Muhoozi Signals UPDF Withdrawal from Somalia over Funding

Gen. Muhoozi Signals UPDF Withdrawal from Somalia over Funding

Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has said Uganda People’s Defence Forces (UPDF) could withdraw completely from Somalia by the end of 2026 unless urgent and serious discussions address the persistent funding shortfalls for the African Union mission combating Al-Shaba

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