Business •
13 Feb '26
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
Business •
13 Feb '26
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Business •
12 Feb '26
WAKISO, Uganda — A major milestone has been achieved in the transformation of trade infrastructure in Wakiso District following the official signing of multi-billion shilling contracts for the construction of selected modern markets.In a ceremony marked by optimism and commitment to serv
Business •
12 Feb '26
It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p
Business •
12 Feb '26
The 78-year-old Eng Hillary Obaloker Onek, who is also the Minister for Disaster Preparedness, has been MP for Lamwo County in Greater Kitgum since the year 2001. And for a long time, he was the strongest and the only surviving Musevenist in the whole of Acholi, which the opposition comfortably d
Business •
11 Feb '26
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.
Business •
11 Feb '26
Gen Muhoozi Kainerugaba has appointed three administrators to oversee his Shs1 billion fund, aimed at supporting wealth-creating projects in agriculture, manufacturing, mining, and services.On February 8, 2026, the Chief of Defence Forces (CDF), General Muhoozi Kainerugaba, named Frank Kag
Business •
11 Feb '26
A shocking Auditor General’s report has exposed deep rot, negligence and sheer incompetence at the Ministry of Water and Environment, after billions of shillings meant to save Karamoja from chronic water shortages were blown on valley tanks and dams that are now choked with silt, broken down or
Business •
10 Feb '26
Gen Muhoozi Kainerugaba has once again sparked national debate with a bold statement about the future of infrastructure development in Kampala. He revealed that in the next High Command meeting, he plans to push for the Uganda People’s Defence Forces (UPDF) to take over all major infrastructure
Business •
09 Feb '26
Outrage has erupted in parts of Mawokota County South after Forum for Democratic Change (FDC) Parliamentary Whip and outgoing MP Yusuf Nsibambi allegedly withdrew bursary support for dozens of students following his defeat in the recent presidential and parliamentary elections.Nsibambi is