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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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Makerere University Announces Graduation Fees for 76th Ceremony

Makerere University Announces Graduation Fees for 76th Ceremony

Makerere University has released official guidelines on the payment of graduation fees for students set to take part in the institution’s 76th graduation ceremony, scheduled later this year.In a notice dated October 24, 2025, the Office of the Academic Registrar outlined the mandatory fe

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Voters blast MP Aza for ‘abandoning’ Moyo while building multi-billion projects in Arua

Voters blast MP Aza for ‘abandoning’ Moyo while building multi-billion projects in Arua

AZA Plaza, a multi-billion four-storey commercial complex owned by West Moyo MP, Hon Alero Tom Aza in Arua CityAdjumani, Uganda: A section of voters in West Moyo County have accused their MP, Hon. Tom Aza, of self-greed and betrayal, allegin

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Nankabirwa Writes to Nabbanja: UEDCL Crisis ‘Too Big To Hide’

Nankabirwa Writes to Nabbanja: UEDCL Crisis ‘Too Big To Hide’

The Energy Minister argued that ignoring performance deficiencies would endanger the electricity sector more than confronting them, especially given mounting public frustration.Uganda’s Energy Minister Ruth Nankabirwa has defended her directive for a full board-led investigation into sta

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URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

The Uganda Revenue Authority (URA) has arrested Frank Mugisha and Muhumuza George suspected of running a fraudulent “export” scheme involving Super match cigarettes. They are charged with obtaining money by false pretense and, manipulation of customs documentation and export entries to defrau

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From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

In the unpredictable contest for Jinja City South West Constituency, where 10 candidates are vying for the sole seat, Bernard Mbayo, the current Speaker of Jinja City Council emerges as a dark horse.Mbayo is also a member of the National Executive of the Urban Authorities Association of Ug

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Judge: URA Wrongfully Fired David Kalemera Despite Evidence of Tax Scheme

Judge: URA Wrongfully Fired David Kalemera Despite Evidence of Tax Scheme

Uganda’s Industrial Court has ruled that the Uganda Revenue Authority (URA) unlawfully dismissed former customs officer David Kalemera, awarding him about 51 million shillings, even as the judgment lays out extensive internal audit findings that link him to a major tax-evasion and transit-diver

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Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investmentlokmattimes.com55minNew Delhi, Nov 25 The Ministry of Coal on Wednesday successfully completed the auction of three coal blocks ...Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore

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Bitcoin eyes rebound to $96K from current ‘discount’ zone: Analysis

Bitcoin eyes rebound to $96K from current ‘discount’ zone: Analysis

Bitcoin bull flag on the price charts projected a rebound to $96,000 as the Puell Multiple indicator suggested that BTC is undervalued at current prices.Bitcoin (BTC) is due for a “new uptrend” as a key BTC price metric suggests that the recent drop to $80,000 provided a prime buying o

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URA Raids KFC’s Kololo Office

URA Raids KFC’s Kololo Office

Kampala: Kuku Foods Uganda Ltd, the operator of KFC, has issued a sharp protest to the Uganda Revenue Authority (URA) after armed officials raided its Kampala offices on Nov. 19.2025, Chimp Corps report. URA officials say the inquiries relate to discrepancies in declared income over the pe

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