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Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban

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Botswana launches sale of citizenship at $75,000

Botswana launches sale of citizenship at $75,000

Botswana has unveiled its first-ever Citizenship by Investment program, offering foreign investors the opportunity to acquire citizenship for $75,000 (approximately Shs288 million). The initiative, known as the Impact Investment Program is expected to officially begin in early 2026 as part

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Parliament Commissioners Including Mpuuga Share Another Shs1.6bn Service Award

Parliament Commissioners Including Mpuuga Share Another Shs1.6bn Service Award

Commissioners of Parliament who were in the news in 2023 and the better part of 2024 for awarding themselves a whooping Shs1.7bn with former Leader of Opposition Mathias Mpuuga taking the lion’s share with Shs500m and the other three commissioner Esther Afoyochan, Prossy Akampurira and Solomon

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Uganda’s rising debt, shrinking lives

Uganda’s rising debt, shrinking lives

How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb

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Emirates, Qatar competition heats up in Uganda.

Emirates, Qatar competition heats up in Uganda.

How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of Ugandans dep

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Busega-Mpigi Expressway project loan approved.

Busega-Mpigi Expressway project loan approved.

The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliament during

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Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t

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Museveni Buys Shs500,000 Handmade Shoes from Skilling Hub Graduate in Pader

Museveni Buys Shs500,000 Handmade Shoes from Skilling Hub Graduate in Pader

Museveni Buys Shs500,000 Handmade Shoes from Skilling Hub Graduate in PaderPresident Museveni on Thursday left supporters amused when he purchased a pair of handmade shoes for Shs500,000 from a beneficiary of the Presidential Skilling Hub during his campaign visit to Pader District.

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State House: Why teachers got Shs30k instead of 300k as promised by Museveni

State House: Why teachers got Shs30k instead of 300k as promised by Museveni

State House has explained why some teachers who attended the recent patriotism training at Ntare School in Mbarara received Shs30,000 instead of the Shs300,000 transport refund promised by President Yoweri Museveni.President Museveni speaks to Hellen Se

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CHAN: Gov’t pays Shs142 million per match day to host matches at Namboole Stadium

CHAN: Gov’t pays Shs142 million per match day to host matches at Namboole Stadium

The Government of Uganda has been paying $40,000 (about Shs142 million) to Mandela National Stadium, Namboole, management for every match day during the ongoing African Nations Championship (CHAN).Uganda is co-hosting the tournament with Kenya and Tanzani

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