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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

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Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the country

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I will stand again for president in 2026, says Bobi Wine

I will stand again for president in 2026, says Bobi Wine

It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling better and all the small wounds on the skin are covering up. However, there is still excruciating pain in the inner part

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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The unending struggles of KCCA leadership

The unending struggles of KCCA leadership

First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA).  After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M

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Kiruhura introduces cow dung fees in major revenue hunt

Kiruhura introduces cow dung fees in major revenue hunt

Kiruhura District Chief Administrative Officer (CAO) Charles Nsubuga Kiberu has instructed all sub-county chiefs and town clerks to start collecting a cow dung loading fee “to boost local revenue collections.” In a September 23, 2024, circular, Nsubuga instructed the leaders to start

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Dr Kiiza Besigye Undergoes An Operation After Enduring 13 Years Of Pain

Dr Kiiza Besigye Undergoes An Operation After Enduring 13 Years Of Pain

Firebrand politician Dr Kiiza Besigye has reportedly undergone an operation on his right hand after enduring great pain on his right hand for 13 years. Besigye who is currently in the US had this pain brought to an end by the surgeons abroad.In the photos shared on his socials, Besi

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How Lugogo Cricket Oval and Serena revolutionized the showbiz scene

How Lugogo Cricket Oval and Serena revolutionized the showbiz scene

In 2022, Sheebah Karungi did the unthinkable, organised twin concerts at Kampala Serena’s Victoria Conference Hall. It was an ambitious move that could still show how much local music has come; for instance, there was a time when the biggest Ugandan concerts took place at Kyadondo Rugby Gr

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Government loans worth Shs13 trillion remain unutilised 

Government loans worth Shs13 trillion remain unutilised 

The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that

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Kisoro Woman MP by-election to be held on November 14

Kisoro Woman MP by-election to be held on November 14

The Electoral Commission (EC) has released the roadmap for the by-election of the Kisoro District Woman representative to Parliament. The by-election is set to fill the position left vacant after the death of Sarah Nyirabashitsi Mateke, the State Minister for Veteran Affairs and Kisoro D

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