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Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici

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Keith Kalyegira appointed Absa Bank's board chairperson

Keith Kalyegira appointed Absa Bank's board chairperson

Absa Uganda has appointed  Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva

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Govt Eyes Billions in New Taxes on Beer, Cigarettes

Govt Eyes Billions in New Taxes on Beer, Cigarettes

Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes

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Poorly-lit Arumparthapuram bypass puts motorists in a spot

Poorly-lit Arumparthapuram bypass puts motorists in a spot

Absence of streetlights on the Arumparthapuram bypass has made commuting difficult for vehicle users, especially at night.The bypass, laid to ease traffic congestion on the Puducherry-Villianur Road, was thrown op

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Lukwago: Museveni Hates Kampala, He Is Not Interested In Fixing It

Lukwago: Museveni Hates Kampala, He Is Not Interested In Fixing It

Kampala's Lord Mayor, Erias Lukwago, has criticized President Yoweri Museveni's government for neglecting the city's development. This comes aft

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Surviving Assassins and Breaking Barriers;How Rebecca Kadaga Became Uganda's Most Fearless Leader

Surviving Assassins and Breaking Barriers;How Rebecca Kadaga Became Uganda's Most Fearless Leader

Rebecca Kadaga escaped death when hired killers abandoned their mission after receiving UGX 15 million advance payment. The would-be assassins later revealed they couldn't harm her due to deep respect for her leadership.

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Museveni Witnesses Agreement for Oil Refinery Construction in Hoima

Museveni Witnesses Agreement for Oil Refinery Construction in Hoima

Uganda has taken a major step in its oil sector after signing an agreement with Alpha MBM Investments LLC, a company based in the United Arab Emirates (UAE), for the construction of a crude oil refinery in Hoima District.

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KCCA Leadership Takes Action To Address Flooding Hotspots In Kyambogo And Kinawataka

KCCA Leadership Takes Action To Address Flooding Hotspots In Kyambogo And Kinawataka

The Executive Director of the Kampala Capital City Authority (KCCA), Sharifah Buzeki, together with her deputy, Benon Kigenyi, spent the yesterday afternoon surveying key flooding hotspots in the Kyambogo and Kinawataka areas.

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Trump moves to officially close USAID and tells remaining employees their jobs will be eliminated

Trump moves to officially close USAID and tells remaining employees their jobs will be eliminated

After months of attempting to remove responsibility, funding and staff from the U.S. Agency for International Development, the Trump administration moved to effectively close it down on FridayThe Trump administrat

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Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills

Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills

KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.

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