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Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report

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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

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Parliament Faces Renewed Corruption Allegations Over Budget Process

Parliament Faces Renewed Corruption Allegations Over Budget Process

Critics and analysts allege entrenched bribery networks in budget approvals, while Parliament defends itself against claims of systemic corruption.Political actors and analysts have renewed concerns over what they describe as growing and systemic corruption within Uganda’s Parliament, al

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Low Judiciary Funding Blamed for Remand Home Congestion in Uganda

Low Judiciary Funding Blamed for Remand Home Congestion in Uganda

The Chief Justice has attributed rising congestion in remand homes to funding gaps and staff shortages in the Judiciary, warning that delayed justice delivery continues to strain Uganda’s correctional system.Low funding in Uganda’s Judiciary has been blamed for the congestion of remand

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MORE PAIN: Centenary Bank Freezes Agather Atuhaire’s Account after Her Organization AGORA’s Accounts Were Blocked – Activist Says

MORE PAIN: Centenary Bank Freezes Agather Atuhaire’s Account after Her Organization AGORA’s Accounts Were Blocked – Activist Says

Activist Agather Atuhaire says Centenary Bank has frozen her account after her organization AGORA’s accounts were blocked.AGORA Discourse is a digital public square promoting human rights, public accountability and social justice.The freezing of bank accounts belonging to non-gove

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Zzimwe’s son, daughter face arrest over Shs 612m loan

Zzimwe’s son, daughter face arrest over Shs 612m loan

In December 2012, businessman Arvind Patel sued Zzimwe Enterprises and its directors, Paul Kasagga and Josephine Kasagga, demanding Shs 612 million.Paul and Josephine are the children of prominent businessman Andrew Kasagga, the founder of Zzimwe Enterprises, who died in 2010.Patel

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Authorities downplay Apac school panga attack, cite student indiscipline

Authorities downplay Apac school panga attack, cite student indiscipline

Security officials in Apac district have dismissed reports of a coordinated panga attack on students of Apac Seed Secondary School, instead attributing the Easter Sunday incident to student indiscipline.At least seven students sustained serious injuries, including cuts to the neck, back, h

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Serunkuma: Courts Don’t Fight Corruption, Politics Does

Serunkuma: Courts Don’t Fight Corruption, Politics Does

Nandutu’s case doesn’t help us. Fighting corruption is a political project. The courts don’t fight corruption; it is fundamentally political, not judicialPolitical analyst Dr Yusuf Serunkuma has ignited fresh debate on Uganda’s anti-corruption efforts, arguing that the fight agains

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Thrones wobble?

Thrones wobble?

The once-seemingly impenetrable fortress surrounding Speaker Anita Among is showing its first visible cracks. The first signs emerged months ago when Norbert Mao, the Minister for Justice and Constitutional Affairs, officially declared his intention to vie for the Speakership.Now, numerous

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Museveni’s Calculated Unpredictability Keeps Allies and Rivals Guessing

Museveni’s Calculated Unpredictability Keeps Allies and Rivals Guessing

After nearly four decades in power, President Yoweri Museveni has cultivated a reputation for calculated unpredictability, using strategic ambiguity, shifting alliances, and tightly controlled power structures to outmanoeuvre rivals and maintain firm control over Uganda’s political landscape.

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