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
Vincent Waiswa Bagiire, Permanent Secretary, Ministry of Foreign Affairs of the Republic of UgandaDoha — The Embassy of the Republic of Uganda in the State of Qatar successfully hosted the Second Edition of the Uganda–Qatar Business Forum at Rotana City Centre, Doha, under the theme:
Uganda and the UAE kicked off their fourth annual business forum in Kampala, aiming to boost a $2.8 billion trade relationship dominated by Ugandan gold. Foreign direct investment from the Gulf nation has surged tenfold, fueling growth in sectors like agribusiness and renewable energy.KAMP
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
Cameroon was a nation in flames on Monday as citizens across all regions took to the streets following the Constitutional Council’s declaration of Paul Biya as winner of the 2025 presidential election.Image shows nationwide unrest on October 27, 2025, following the Constitutional Council
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Business executives must remember that customers are human beings navigating the same economic stormsCOMMENT | SIMON DDEMBE | The year 2025 has tested the resilience of many Ugandans. Business activity has remained sluggish, household incomes continue to shrink, and countless families are
Nairobi: Kenyan authorities have seized a record narcotics consignment valued at KES 8 billion ($52 million) and arrested six Iranian nationals aboard a stateless vessel intercepted in the Indian Ocean, the Interior Ministry said Sunday.The 1,024-kilogram methamphetamine shipment, with a c
The Alliance for National Transformation (ANT) presidential candidate, Rtd Maj Gen Mugisha Muntu, has pledged to revitalise Uganda’s struggling tea industry if elected in the forthcoming general elections.Addressing supporters in Kyenjojo district on Friday, Muntu said restoring the tea
Bitcoin price has been stable for a few days, holding position at the USD 1,11,000 mark. The cryptocurrency was trading at a higher price before, but since its fall from the USD 1,26,000 all-time mark, the BTC price has also declined. Experts predict that the Bitcoin price may rise in the future,
