Business •
26 Mar '26
Government has revealed that the first batch of people that received money through the Parish Development Model (PDM) have started repaying back the loans.So far, UGX1.4Bn has been paid through the Wendi App, with Maracha district, Kampala Capital City Authority (KCCA), Masaka City, Mubend
Business •
23 Mar '26
Rukungiri Municipality has distributed more than Shs112 million to 19 community groups through its Community-Based Services Department, with support from the Ministry of Gender, Labour and Social Development. The funds were officially handed over during a meeting at the Rukungiri Municipal Counci
Business •
09 Mar '26
In the latest episode of the very popular Bad Natives Podcast, comprising of Andrew Mwenda, Robert Kabushenga and Onyango-Obbo, the Independent Magazine CEO asserted that it was too early for anyone to write off DP President Norbert Mao in the Speakership race.He went as far as claiming th
Business •
06 Mar '26
The heat is on at the Uganda National Oil Company (UNOC) after the Auditor General’s December 2025 report tore through the glossy public relations spin amidst war on Iran and laid bare troubling gaps in fuel security, funding shortfalls, underperformance and strategic failures that now raise un
Business •
04 Mar '26
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
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 •
04 Feb '26
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
Business •
02 Feb '26
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Business •
31 Jan '26
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
Business •
31 Jan '26
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