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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

Ultimate Uganda

Man Remanded for Forging Museveni Appointment Letter

Man Remanded for Forging Museveni Appointment Letter

Kampala — The Buganda Road Chief Magistrate’s Court has remanded a man accused of forging an appointment letter purportedly signed by President Yoweri Museveni to secure the position of Managing Director of the Uganda Railways Corporation (URC).According to a statement released by the

Ultimate Uganda

Lungujja Double Murder Suspect Confesses: “I Killed Him Over a Tecno Phone”

Lungujja Double Murder Suspect Confesses: “I Killed Him Over a Tecno Phone”

Police investigations into the gruesome double murder at Dave Hotel and Suites in Lungujja have taken a new turn after the prime suspect, Allan Ssempala, reportedly confessed to the killings of the hotel manager and security guard.According to information obtained from detectives, Ssempala

Ultimate Uganda

Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor

Ultimate Uganda

UPC’s Jimmy Akena tells Muhoozi to ‘grow up’

UPC’s Jimmy Akena tells Muhoozi to ‘grow up’

Addressing journalists on Wednesday, Akena sounded off on the army chief and First Son, calling his social media posts “an embarrassment” to all Ugandans Uganda People’s Congress (UPC) president Jimmy Akena publicly chastised Chief of Defence Forces Gen Muhoozi Kainerugaba, urging th

Ultimate Uganda

Wakiso seals UGX 43.8 billion deal to redevelop central and Kawuku markets

Wakiso seals UGX 43.8 billion deal to redevelop central and Kawuku markets

WAKISO, Uganda — A major milestone has been achieved in the transformation of trade infrastructure in Wakiso District following the official signing of multi-billion shilling contracts for the construction of selected modern markets.In a ceremony marked by optimism and commitment to serv

Ultimate Uganda

Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p

Ultimate Uganda

State House Anti-Corruption Unit Arrests Suspect In UGX 20 Million URC Job Scam

State House Anti-Corruption Unit Arrests Suspect In UGX 20 Million URC Job Scam

A man accused of forging a presidential appointment letter and fraudulently obtaining more than UGX 20 million has been arraigned before the Buganda Road Chief Magistrate’s Court.Arinda Nicholas was on Wednesday jointly presented in court by the State House Anti-Corruption Unit, the Crim

Ultimate Uganda

When climate risk becomes a budget risk

When climate risk becomes a budget risk

Despite legal buffer requirements of 100 metres from rivers and 200 metres from lakes,wetlands are increasingly encroached upon by settlements, farming, sand mining, and industrial activity, largely because oversight and enforcement remain underfunded.Here is why climate change is no longe

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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.

Ultimate Uganda