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Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report

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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

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Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l

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The geography of power and the price of ignorance

The geography of power and the price of ignorance

When commenting on the 1980–1988 Iraq–Iran war, Henry Kissinger once remarked that it was “a pity both sides can’t lose”. It was a chilling distillation of a worldview in which distant conflicts are not tragedies to be resolved, but instruments to be managed. Alongside Zbigniew Brzezins

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Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g

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FULL LIST: Govt names best, worst performing local governments

FULL LIST: Govt names best, worst performing local governments

Minister for General Duties Justine Kasule Lumumba presents the 2025 local government performance assessment results during the National Performance Review Conference at Speke Resort Munyonyo. Lumumba noted that overall service delivery improved to 67.23 percent, with water and sanitation emergin

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Ssemujju Slams Shs100m 'Cash Bonanza' to Kyankwanzi Participants

Ssemujju Slams Shs100m 'Cash Bonanza' to Kyankwanzi Participants

Ibrahim Ssemujju Nganda and Jimmy Akena have criticised President Museveni’s Shs 100 million pledge to MPs-elect who attended the Kyankwanzi retreat, warning that the payments risk undermining parliamentary integrity and exposing weaknesses in Uganda’s political leadership culture.Outg

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KCCA road works lag as Parliament raises alarm over funding gaps, flood risk ‎

KCCA road works lag as Parliament raises alarm over funding gaps, flood risk ‎

The Committee is also concerned that disbursement is performance-linked, meaning that continued slow progress will directly reduce KCCA's access to programme funds and jeopardise the broader metropolitan development objectives‎Parliament’s Committee on Physical Infrastructure has raise

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NEMA Seizes Trucks, Destroys Boats in Lwera Sand Mining Crackdown

NEMA Seizes Trucks, Destroys Boats in Lwera Sand Mining Crackdown

The National Environment Management Authority has intensified enforcement against illegal sand mining in the Lwera wetlands, impounding trucks, destroying boats and arresting suspects in a coordinated multi-agency operation.The two-day crackdown, which ended on April 15, targeted Gwanira V

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Gen. Muhoozi takes over road contracts

Gen. Muhoozi takes over road contracts

Kampala, Uganda | JULIUS BUSINGE | In the quiet hours of April 11, at exactly 02:20am East African Standard Time, Muhoozi Kainerugaba, the Commander of the UPDF and Senior Presidential Advisor on Special Operations, dropped a message that would ripple across Uganda’s governance and infrastructu

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