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Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t

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Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Finance Minister, Matia Kasaija congralating Mr Kenneth Kitariho (right) upon his inauguration as Chairperson of the NLGRB. Looking on is outgoing board chairperson Aloysius Mugasa (2nd left) and CEO Denis Mudene Ngabirano.Ten years after it was created, the National Lotteries and Gaming R

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Shock after man found dead in borehole water trench in Nebbi

Shock after man found dead in borehole water trench in Nebbi

Police are investigating the suspected drowning of a man whose body was recovered from a borehole water trench in Nebbi Municipality, with possible foul play suspected.Nebbi, Uganda: The Territorial Police in Nebbi Municipality are investigating the suspected drowning of a man whose body w

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Makerere University to cut undergraduate intake

Makerere University to cut undergraduate intake

The Academic Registrar, Prof Mukadasi BuyinzaStudents hoping to join Makerere University for bachelor's degrees and diploma studies effective this year will face stiffer competition after the institution announced a gradual reduction in undergraduate admissions. This is part of a lo

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Makerere Researchers Develop New Soybean Variety Approved for Release

Makerere Researchers Develop New Soybean Variety Approved for Release

Makerere University College of Agricultural and Environmental Sciences (CAES) has announced that the National Variety Release Committee has officially approved a new soybean variety developed by the university’s Centre for Soybean Improvement and Development.The newly approved variety, n

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Digital pioneer Julius Kitone leaves legacy of AI-driven climate advocacy

Digital pioneer Julius Kitone leaves legacy of AI-driven climate advocacy

Julius Kitone, Innovator and Developer of JuliKitAi/ECOEYE AI Climate Intelligence Platform died in car crashKAMPALA — The Ugandan media fraternity is in mourning following the death of Julius Kitone, a veteran journalist and climate change advocate, who died Friday in a road accident al

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Deputy DG Uganda Civil Aviation Authority Appointed Nile Breweries Board Chairperson

Deputy DG Uganda Civil Aviation Authority Appointed Nile Breweries Board Chairperson

NATIONALNile Breweries Limited (NBL), Uganda’s leading beer manufacturer, is pleased to announce the appointment of Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the position following the untimely passing of Mr. Franci

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EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

KAMPALA: The European Parliament on Thursday adopted a strongly worded resolution condemning Uganda’s post-election environment, calling for the immediate release of opposition figures, an end to internet restrictions, and a review of the European Union’s cooperation with Kampala.In a

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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

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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

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