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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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MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

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Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell

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Judiciary Trains Ibanda Leaders to Boost Grassroots Justice

Judiciary Trains Ibanda Leaders to Boost Grassroots Justice

Local leaders equipped with Small Claims skills to speed up dispute resolution and ease court backlog.The Judiciary of Uganda has trained local leaders in Ibanda District on handling small claims and strengthening dispute resolution at the community level, as part of efforts to improve acc

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KCCA road works lag as Parliament raises alarm over funding gaps, flood risk ‎

KCCA road works lag as Parliament raises alarm over funding gaps, flood risk ‎

The Committee is also concerned that disbursement is performance-linked, meaning that continued slow progress will directly reduce KCCA's access to programme funds and jeopardise the broader metropolitan development objectives‎Parliament’s Committee on Physical Infrastructure has raise

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World Bank Concerned Over Uganda’s Growth Not Corresponding With Improvement In People’s Livelihoods

World Bank Concerned Over Uganda’s Growth Not Corresponding With Improvement In People’s Livelihoods

‎‎The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods.‎Ndiame Diop, the Bank’s Vice-President for Africa lauded Uganda for the macroeconomic stability but urged the country to transl

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MINISTERS ON THE CHOPPING BLOCK! Kinyara–Victoria Sugar War Explodes as Weighbridge Chaos, Farmer Cries & Political Infighting Reach M7

MINISTERS ON THE CHOPPING BLOCK! Kinyara–Victoria Sugar War Explodes as Weighbridge Chaos, Farmer Cries & Political Infighting Reach M7

Eight ministers may face the knife over the raging Kinyara Sugar Limited and Victoria Sugar war, a battle of World War II magnitude that has rocked the sugar sector and left political heavyweights bruised, exposed, and fighting for survival as a looming cabinet reshuffle casts a long shadow over

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Hugo Ekitike releases heartbreaking first statement after Liverpool confirm injury details

Hugo Ekitike releases heartbreaking first statement after Liverpool confirm injury details

On Tuesday night, Liverpool suffered one of their most damaging results of the season as they were knocked out of the Champions League after losing 2-0 to reigning champions PSG at Anfield.The result means that Liverpool boss Arne Slot will go trophyless in his second season at the club, w

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M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.

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Three Tororo Hospital Officials Arrested Over Patient Extortion

Three Tororo Hospital Officials Arrested Over Patient Extortion

Three officials from Tororo General Hospital have been arrested by the Inspectorate of Government (IGG) following a monitoring exercise that uncovered alleged patient extortion, misconduct, and broader accountability concerns in district service delivery.Three officials from Tororo General

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