Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
The retired seventh Archbishop of the Church of Uganda, Henry Luke Orombi, has urged Ugandans to heal from the wounds of the recently concluded elections and to spread love among themselves in the interest of national unity.Orombi made the call on Sunday while speaking at a memorial servic
When President Yoweri Museveni summoned officials from the Ministry of Water and Environment and the National Environmental Management Authority (NEMA) to his Kisozi farm in Gomba recently, the mood was anything but routine. According to sources familiar with the meeting, the President was deeply
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value addition, and raise farmer incomes, positioning research and innovation as central drivers of productivity, inclusive growth, and str
President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U
The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und
MANCHESTER UNITED 3-2 FULHAM: Benjamin Sesko comes off the bench to score an injury-time winner for Michael Carrick's side as they hold off a late fight back from FulhamBenjamin Sesko of Manchester United celebrates Benjamin Sesko was the hero for Manchester United(Image: Carl Recin
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
