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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

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Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l

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Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell

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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

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Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda said on Thursday it had appointed Citibank to mobilise financing needed to fund the country's planned 2.7 billion ‌euro ($3.19 billion) Standard Gauge Railway (SGR) project.In a post, opens new tab on the X platform, the East African country's finance ministry said Uganda is "in t

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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

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Gen. Muhoozi takes over road contracts

Gen. Muhoozi takes over road contracts

Kampala, Uganda | JULIUS BUSINGE | In the quiet hours of April 11, at exactly 02:20am East African Standard Time, Muhoozi Kainerugaba, the Commander of the UPDF and Senior Presidential Advisor on Special Operations, dropped a message that would ripple across Uganda’s governance and infrastructu

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Champions League semi-final power rankings as Arsenal left as last English hope

Champions League semi-final power rankings as Arsenal left as last English hope

And then there were four. The 2026 Champions League quarter-finals are history and less than a handful on teams remain on the road to Budapest.Paris Saint-Germain, the holders, were first to book their ticket by thrashing Liverpool, coming away from Anfield with a deserved 4-0 victory on a

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Teacher pay system to change: Education ministry to use biometric tracking to determine monthly teacher salaries

Teacher pay system to change: Education ministry to use biometric tracking to determine monthly teacher salaries

WAKISO, Uganda — The government will begin paying teachers based on their daily attendance starting July 1, a radical policy shift aimed at curbing chronic absenteeism in public schools.Under the new reform, only teachers with at least a 95% attendance rate will receive their full monthl

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Heavy Security Deployed Ahead of Museveni’s Lira Tour

Heavy Security Deployed Ahead of Museveni’s Lira Tour

The visit follows an invitation by Joseph Ocwet, Director General of the External Security Organization, and is expected to draw large crowds from across the region.According to North Kyoga Regional Police Spokesperson SP Patrick Jimmy Okema, joint security teams comprising the Uganda Poli

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