Business •
09 May '26
According to the summary of the financial resource envelope for 2026/2027, the budget is expected to be financed through locally raised revenue, central government transfers, external financing, and other transfers.The summary indicates that locally raised revenue remains at shs2,637,558,0
Business •
09 May '26
Eng. Joselynne Rwakakooko was appointed the acting managing director of UEDCL, replacing Paul Mwesigwa, and her first move has been to sack the top management in a move seen as done either in panic, office politics or sheer excitement.The ongoing restructuring at the Uganda Electricity Dis
Business •
09 May '26
Authorities have launched enforcement operations to clear the expressway corridor as government pushes ahead with the delayed multibillion-shilling Kampala–Jinja Expressway project.The government has commenced enforcement operations to clear the right of way for the long-awaited Kampalaâ
Business •
07 May '26
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Business •
07 May '26
A Makerere University pharmacy lecturer has done something Uganda’s pharmaceutical sector has been waiting for someone to do for a long time — taken traditional plant knowledge, put it through rigorous science, and come out the other side with a product the National Drug Authority has formall
Business •
07 May '26
At a ceremony held in her honour at Bulange, Spice was bestowed the Kiganda clan name Nankula, placing her within the Enkula (Rhino) clan of Buganda Kingdom, a deeply symbolic honour that connects the dancehall queen directly to the very animal whose conservation her concert proceeds will support
Business •
07 May '26
Gen Muhoozi Kainerugaba has cautioned BoU Governor Atingi-Ego over criticism of the sovereignty bill, as concerns grow about its economic impact.Gen Muhoozi Kainerugaba warns BoU Governor Atingi-Ego over his public comments.Atingi-Ego cautions that the sovereignty law could cause an
Business •
06 May '26
Controversy has erupted in Washington following reports that Defense Secretary Pete Hegseth has overseen a major shakeup in senior U.S. military leadership, involving the removal, retirement, or sidelining of multiple high-ranking officers.According to Senate discussions, questions have be
Business •
06 May '26
The national theatre is the central venue for music, drama and comedy shows. Adjacent to it is the Parliament of Uganda – ideally a place that should have been the national treasure for policy formulation, oversight and appropriation. However, it now appears like Parliament wants to outshine th
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This