How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different financial institutions including banks in Uganda and abroad.Journalists working for National Media group, the mother company
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made in western
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliament during
Spanish football fan who racially abused Barcelona forward Marcus Rashford is set to be given a £3,500 fine, a report has claimed.Rashford, who has been subjected to racial abuse throughout his career, was targeted by a Real Oviedo fan during Barcelona's 3-1 win in LaLiga last month.
There could be some big-name free agents on the open market at the end of the 2025/26 campaignEngland and Crystal Palace defender Marc Guehi is in the final months of his dealWhile there are still two months until the January transfer window opens, you can bet your bottom dollar tha
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
Manchester United are ready to fast-track Rasmus Hojlund's eventual sale to Napoli and sell the Danish forward to the Serie A champions when the January transfer window opens. Hojlund, who joined United from Atalanta in 2023, has hit the ground running for Antonio Conte's side since moving on loa
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
Prima Kardashi has shared the emotional story of how her car was taken away, leading to a turning point in her journey of self-discovery and personal growth.According to Prima, the incident happened after she had failed to clear her car loan. She revealed
