Search Results

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t

Ultimate Uganda

Extravagant URA Returns To Renting Sudhir’s Building For Shs7.4 Bn After Completing Shs140 Billion Tower

Extravagant URA Returns To Renting Sudhir’s Building For Shs7.4 Bn After Completing Shs140 Billion Tower

On Sunday, October 19, 2025, the Uganda Revenue Authority (URA) completed the transfer of four departments from its headquarters in Nakawa to office space owned by city businessman Sudhir Ruparelia.Uganda lifestyle productsThe decision to return to rented

Ultimate Uganda

Why Uganda’s oil refinery remains behind schedule

Why Uganda’s oil refinery remains behind schedule

An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in

Ultimate Uganda

Ofwono Opondo Defeats Minister Gidudu to Clinch NRM Ticket for Eastern Uganda Older Persons MP

Ofwono Opondo Defeats Minister Gidudu to Clinch NRM Ticket for Eastern Uganda Older Persons MP

Former Uganda Media Centre (UMC) Executive Director, Mr Ofwono Opondo has won the ruling NRM party’s flag for the older persons’ member of Parliament for Eastern Uganda ahead of the 2026 elections.To win the flag, Opondo trounced State Minister for Older Persons Dominic Mafabi Gid

Ultimate Uganda

“Uganda’s Next War”

“Uganda’s Next War”

Drone swarm technology has taken over modern warfare.Advancements in unmanned aerial systems have raised debate on whether Uganda is ready for the next theatre of battle ANALYSIS | IAN KATUSI

Ultimate Uganda

Ghana’s search for Umeme

Ghana’s search for Umeme

Ghana is considering reform in the energy sector, with Umeme in mind How this West African country is looking to the success Uganda has just destroyed to solve its electricity crisisTH

Ultimate Uganda

Uganda Overtakes Ethiopia as Africa’s Top Coffee Exporter

Uganda Overtakes Ethiopia as Africa’s Top Coffee Exporter

Uganda overtook Ethiopia to become Africa’s leading coffee exporter, marking a major milestone for the country's agriculture sector and export economy.According to the latest export figures for May 2025, Uganda exported 47,606.7 tonnes of coffee—surpassing Ethiopia’s 43,481 tonnes in

Ultimate Uganda

Govt Slaps New Taxes on Cigarettes, Beer

Govt Slaps New Taxes on Cigarettes, Beer

The government has announced new tax measures on cigarettes, beer, imports, and agricultural by-product exports in the 2025/26 national budget, in a bid to boost domestic revenue and harmonize with regional tax frameworks.Presenting the budget to Parliament on Thursday, Finance Minister Ma

Ultimate Uganda

Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue

Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue

A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim Ssemujju Nganda, has cast a critical spotlight on the government's ambitious, and arguably perilous, pl

Ultimate Uganda

Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

The Ministry of Finance has announced that over Shs 8.03 trillion has already been channelled into Uganda’s key wealth creation programmes—namely the Parish Development Model (PDM) and Emyooga—marking a substantial boost in efforts to transform household incomes and uplift the national econ

Ultimate Uganda