Business •
30 Mar '25
A major controversy has erupted after revelations that Parliament initially approved USD 190 million for the Umeme buyout, despite the actual cost being USD 127 million.The shocking disclosure was made by Jonan Ki
Business •
30 Mar '25
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
Business •
30 Mar '25
President William Ruto has caused a diplomatic stir in Europe following recent remarks that have led to growing concerns over Kenya’s relations with European countries. Ruto's statements have reportedly angered European officials, triggering debates on Kenyaâ€
Business •
30 Mar '25
After months of attempting to remove responsibility, funding and staff from the U.S. Agency for International Development, the Trump administration moved to effectively close it down on FridayThe Trump administrat
Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Business •
30 Mar '25
The Church of Uganda has firmly opposed the government’s proposal to collect school fees through the Uganda Revenue Authority (URA), arguing that the policy would negatively impact the development of schools.Dur
Business •
30 Mar '25
President Yoweri Museveni once said that Uganda would not suffer if the United States cut its financial aid.“Let them keep their aid! Uganda will not suffer because of their money,” he declared boldly.
Business •
28 Mar '25
The Uganda People's Defense Force (UPDF) has formally requested an additional Shs 39.1 billion to support its recently launched peacekeeping operation in South Sudan.The request, presented to the Parliamentary Com
Business •
28 Mar '25
Erias Nalukoola Luyimbazi, a newly elected Member of Parliament representing Kawempe North under the National Unity Platform (NUP), has found himself at the center of controversy after accepting UGX 350 million from the Ugandan government for the purchase of a v
Business •
18 Mar '25
Kigali/Brussels – March 18, 2025 – Rwanda and Belgium have officially severed diplomatic relations, marking a major escalation in their already tense relationship over the ongoing conflict in the Democratic Republic of Congo (DRC).In a statement issued today, the Government of Rwanda a