Business •
13 Feb '25
The permanent secretary and secretary to the treasury Ramathan Ggoobi has interdicted the nine officials from the finance ministry under the Accountant General’s office.This follows an investigation in the minis
Business •
13 Feb '25
A massive scandal involving a Shs 1 trillion project has rocked the National Information Technology Authority of Uganda (NITA-U) as the World Bank uncovers significant corruption and mismanagement. The Uganda Digital Acceleration Project (UDAP), worth USD 200 million (about Shs 1 trillion), has b
Business •
05 Feb '25
Elon Musk, the world’s richest man & owner of X, reposted Ugandan TikTok influencer & activist Janice Nkajja’s viral message on USAID funding.Nkajja, known for supporting Trump’s foreign aid freeze,
Business •
05 Feb '25
The Criminal Investigations Directorate (CID) of Uganda has arrested seven individuals from the Ministry of Finance and Bank of Uganda following a three-month investigation into the disappearance of USD 16 million (approximately UGX 60 billion) from the Bank of
Business •
05 Feb '25
In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs 6
Business •
04 Feb '25
Parliament has rejected a request by the Uganda People's Defence Forces (UPDF) to allocate UGX 138 billion for monitoring the 2026 general elections.Lawmakers argued that election monitoring falls under the mandat
Business •
31 Jan '25
The Deputy Speaker of Parliament Thomas Tayebwa has asked that no public money be used to buy his clothes after concerns were raised about the 2025/2026 national budget which includes large amounts for meals, bed sheets and shoes for top government officials.
Business •
30 Jan '25
Gender minister Betty Amongi, as was recently portrayed by fellow minister Kahinda Otafiire, is a natural bully who doesn’t mind discomforting others. And in her public life as MP and minister, the UPC first lady has stepped on toes and caused misery to many o
Business •
30 Jan '25
Former Kenyan President Uhuru Kenyatta has made headlines with his bold remarks following reports that former U.S. President Donald Trump has halted financial assistance to certain African nations.Speaking at an event, Former President Uhuru Kenyatta criticized the dependency of African le
Business •
26 Jan '25
The Ministry of Works and Transport faces severe financial problems after taking over the Uganda National Roads Authority. Minister Gen Edward Katumba Wamala told Parliament that his ministry now has a debt of Shs 1.3 trillion from UNRA.According to the Works Minister, the debt grows by Shs