Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca
A thunderous alarm has been sounded over Uganda’s lifeline for public medicines after the latest report from the Auditor General ripped open the operations of the National Medical Stores, exposing a web of operational failures, delayed drug deliveries, expired medicines worth billions and deep-
President Yoweri Museveni has called on Israel and Iran to recognize each other’s existence and support a two-state solution, saying it remains the most viable path to lasting peace in the Middle East.Museveni made the remarks as tensions in the region continue to escalate amid the ongoi
The Government has assured Ugandans that fuel supply remains stable and March 2026 deliveries are on schedule despite Middle East tensions, with pump prices expected to remain relatively unchanged.The Government has moved to calm fears over possible fuel shortages following renewed instabi
The Government has assured Ugandans that fuel supply remains stable and March 2026 deliveries are on schedule despite Middle East tensions, with pump prices expected to remain relatively unchanged.The Government has moved to calm fears over possible fuel shortages following renewed instabi
The Government has assured Ugandans that fuel supply remains stable and March 2026 deliveries are on schedule despite Middle East tensions, with pump prices expected to remain relatively unchanged.The Government has moved to calm fears over possible fuel shortages following renewed instabi
TEHRAN — Iran confirmed Sunday that Supreme Leader Ayatollah Ali Khamenei was killed early Saturday at his office while “performing his assigned duties,” according to state-linked Fars and Tasnim news agencies, marking the most consequential leadership shock in the Islamic Republic’s 47-y
Energy and Mineral Development Minister, Ruth Nankabirwa sign deal with Kenya to participate in the upcoming Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC)Kampala, Uganda | THE INDEPENDENT | New details have emerged about Uganda’s participation in the Kenya Pipeline Co
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
