Search Results

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report

Ultimate Uganda

Mukono Municipal Council Ranked Among Top 10 Performing Local Governments: Inside The Numbers, Reforms And Political Signals Behind Return To Top 10

Mukono Municipal Council Ranked Among Top 10 Performing Local Governments: Inside The Numbers, Reforms And Political Signals Behind Return To Top 10

Mukono — After years of slipping performance and growing scrutiny, Mukono Municipality is staging a notable comeback—re-entering the top 10 in Uganda’s latest Local Government performance rankings and offering a case study in how administrative recalibration and political alignment can shif

Ultimate Uganda

Uganda forced to rethink financing as donor cuts disrupt UN programmes

Uganda forced to rethink financing as donor cuts disrupt UN programmes

KAMPALA — A sudden withdrawal of donor funds has pushed Uganda and its development partners to confront a difficult reality: the era of relying heavily on external aid is becoming increasingly uncertain.The shift comes into sharper focus as the Kampala Geopolitics Conference 2026 opened

Ultimate Uganda

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

Ultimate Uganda

Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a

Ultimate Uganda

Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic

Ultimate Uganda

As Museveni Takes Oath for Seventh Term, Let us Reflect on his Achievements Over the Past Six Terms

As Museveni Takes Oath for Seventh Term, Let us Reflect on his Achievements Over the Past Six Terms

On May 12, 2026, President Museveni will take the oath of office for the seventh time as President of Uganda. He is the only president I have known since I began to understand the world.I have grown, studied, graduated, and given birth to my child under his leadership. I cannot describe wh

Ultimate Uganda

Not Yet Enough! Lubowa Hospital Saga Deepens As Gov’t Seeks More UGX100 Billion

Not Yet Enough! Lubowa Hospital Saga Deepens As Gov’t Seeks More UGX100 Billion

The Ministry of Health Uganda has requested UGX100 billion in the 2026/27 financial year to operationalise the long-awaited International Specialised Hospital of Uganda, as construction reaches 70 percent completion.Health Minister Jane Ruth Aceng revealed the funding request while present

Ultimate Uganda

FULL LIST: Govt names best, worst performing local governments

FULL LIST: Govt names best, worst performing local governments

Minister for General Duties Justine Kasule Lumumba presents the 2025 local government performance assessment results during the National Performance Review Conference at Speke Resort Munyonyo. Lumumba noted that overall service delivery improved to 67.23 percent, with water and sanitation emergin

Ultimate Uganda

World Bank Concerned Over Uganda’s Growth Not Corresponding With Improvement In People’s Livelihoods

World Bank Concerned Over Uganda’s Growth Not Corresponding With Improvement In People’s Livelihoods

‎‎The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods.‎Ndiame Diop, the Bank’s Vice-President for Africa lauded Uganda for the macroeconomic stability but urged the country to transl

Ultimate Uganda