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
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
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
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral
President Yoweri Museveni arriving to addres a rally at Jubilee 2000 Secondary School in Karenga District on Saturday, Ocotber 25, 2025 (Photo/PPU)Karenga, Uganda: President Yoweri Kaguta Museveni Saturday shared how his government successfully convinced the Karacunas, young Karamojong war
President Yoweri Museveni arriving to addres a rally at Jubilee 2000 Secondary School in Karenga District on Saturday, Ocotber 25, 2025 Karenga, Uganda: President Yoweri Kaguta Museveni Saturday shared how his government successfully convinced the Karacunas, young Karamojong warriors, to a
NIRA Executive Director Rosemary Kisembo. NIRA says New National IDs are ready for collectionKAMPALA, Uganda — The National Identification and Registration Authority is holding thousands of printed national identity cards in its warehouses, delaying iss
