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SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

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

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Stanbic Economic Forum Returns to Focus on Uganda’s Competitiveness Amid Global Shifts

Stanbic Economic Forum Returns to Focus on Uganda’s Competitiveness Amid Global Shifts

The 2026 Stanbic Economic Forum is set to return under the theme, “Uganda’s Inflection Point: Competing in a Rewired Global Economy”, with a live stream on Stanbic Bank Uganda’s YouTube channel on February 12, starting at 8:30 a.m.The Forum comes at a pivotal moment f

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KCCA Gives Vendors 14-Day Ultimatum to Leave Kampala Streets

KCCA Gives Vendors 14-Day Ultimatum to Leave Kampala Streets

Government through the Ministry of Kampala and Metropolitan Affairs and KCCA has given vendors 14 days to vacate the streets of Kampala or face forceful eviction.Addressing journalists on Thursday, Minister for Kampala, Minsa Kabanda said since the political season has ended, it is hi

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Only 20% of Uganda’s 5.25 Million Registered Taxpayers Are Active – Audit

Only 20% of Uganda’s 5.25 Million Registered Taxpayers Are Active – Audit

Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers are active, despite a sharp expansion in registrations in the financial year ended June 30, 2025.According to the Auditor

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

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Rights activist Bireete returns to court for bail ruling

Rights activist Bireete returns to court for bail ruling

KAMPALA: The Buganda Road Chief Magistrate’s Court is today expected to rule on a bail application by jailed human rights activist Sarah Bireete.The bail application was heard on January 22, 2026, by Senior Principal Grade One Magistrate Winnie Nankya, but the ruling was deferred to toda

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UCC Announces Full Restoration of Internet Services Nationwide

UCC Announces Full Restoration of Internet Services Nationwide

The Uganda Communications Commission (UCC) has announced the full restoration of internet services across the country, ending days of restricted access imposed during the recently concluded general elections.In a public notice dated Monday, 26 January 2026, the communications regulator sai

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On This Date 16 Years Ago, Seller Offered 500 Bitcoin for $1 — Worth $45 Million Today

On This Date 16 Years Ago, Seller Offered 500 Bitcoin for $1 — Worth $45 Million Today

An offer made 16 years ago to sell 500 Bitcoin (CRYPTO: BTC) for just $1 is trending online.The world’s largest cryptocurrency exchange, Binance, celebrated Bitcoin’s valuation surge by sharing a 2010 Bitcointalk post on X. In the post, a user offered a digital image for 500 BTC, which

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NRM’s Ian Kyeyune declared Wakiso LC5 chairperson amid tally centre chaos

NRM’s Ian Kyeyune declared Wakiso LC5 chairperson amid tally centre chaos

NRM’s Ian Kyeyune has been declared Wakiso District LC5 Chairperson after polling 177,710 votes, but NUP’s Najja Nasiif rejected the results and caused chaos at the tally centre.NRM’s Ian Kyeyune casting his vote on Thursday, January 22, for the Wakiso District LC5 Chairperson seat (

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