Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy remained stable during the general election period and in the months that followed, according to the government’s pos
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes. Friends become more attentive, relatives resurface, banks suddenly extend courtesy, and suppliers are willing to offer goods on
Iran’s Islamic Revolutionary Guard Corps ran parallel procurement operations through the United Arab Emirates and Chinese suppliers to covertly acquire advanced military technology used to target American forces and US-allied infrastructure across the Middle East, according to two Financial Tim
The National Water and Sewerage Corporation (NWSC) has announced the successful completion of emergency repair works on a key water transmission pipeline serving Karuma Town and surrounding areas, restoring normal water supply after a temporary disruption.According to a statement shared on
Spurs knew that victory would keep them up no matter what West Ham managed on SundaySpurs needed a point to avoid their first relegation from the top flight since 1977 and send West Ham United into the Championship instead, and only their third home league win of a dismal season ensured th
family in Kole District is appealing for financial support to save the life of a nine-year-old boy who survived a deadly arson attack that killed his younger brother after unknown assailants torched a grass-thatched hut where the children were sleeping.The tragic incident happened on April
Arsenal enjoyed their coronation as Premier League champions after a 22-year-wait as they completed the formality of the final game, after having mathematically won the league pipping Man City, to get their hands on the English top-flight title.Mikel Arteta’s Gunners bookended a memorabl
Police in Ibanda District have recovered the body of a young girl believed to have been murdered and dumped near a riverbank in a case that has shocked residents of Ibanda Municipality.The decomposing body of the unidentified minor, estimated to be between eight and nine years old, was dis
Since it was announced that Starlink had been granted a licence to operate in Uganda, there has been significant debate around what this means for Uganda’s communications sector and the terms of the licence in particular.Taxation of Starlink and data sovereignty are two of the key issues
