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Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm

Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm

KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal managers and raising concerns about the long-term burden on citizens and businesses.According to the Ministry of Finance,

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Mobile money taxes reversing digital financial inclusion in Uganda

Mobile money taxes reversing digital financial inclusion in Uganda

Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay

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M7’s Son-In-Law Claims Stake in Thriving Spiro Boda Boda Business

M7’s Son-In-Law Claims Stake in Thriving Spiro Boda Boda Business

When rows of young Ugandans report for work on the assembly line of electric boda boda motorcycles, Presdeitn Yoweri Museveni’s son-in-law Odrek Rwabwogo says he sees more than machines and tools. He sees a future where Uganda builds more of what it uses.Odrek Rwabwogo, the husband of Pa

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DR Congo: Islamic State-linked Fighters Attack Army, Mining Site in Bunia

DR Congo: Islamic State-linked Fighters Attack Army, Mining Site in Bunia

BUNIA, Democratic Republic of Congo: Suspected fighters linked to Islamic State attacked Congolese army positions and a mining site in northeastern Democratic Republic of Congo, killing a military captain and several soldiers in an ambush, local officials and security sources said on Sunday.

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PANIC! Insiders warn billions threshold could lock out hundreds of agents

PANIC! Insiders warn billions threshold could lock out hundreds of agents

KAMPALA: A storm is brewing inside the Uganda Revenue Authority (URA) after a controversial proposal to overhaul licensing requirements for clearing and forwarding agents sparked fears of a massive industry shake-up that could push smaller players out of business.According to an internal c

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Makerere, Mutebile Foundation Sign MoU to Establish Centre of Excellence for Private Sector Dev’t

Makerere, Mutebile Foundation Sign MoU to Establish Centre of Excellence for Private Sector Dev’t

Kampala — Makerere University and the Tumusiime Mutebile Foundation have formally signed a Memorandum of Understanding (MoU) to establish the Emmanuel Tumusiime Mutebile Centre of Excellence for Private Sector Development, a landmark initiative aimed at strengthening Uganda’s private sector t

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KCCA Closes Industrial Area Road for Concrete Works

KCCA Closes Industrial Area Road for Concrete Works

The Kampala Capital City Authority (KCCA) has temporarily closed Sixth Street in Kampala’s Industrial Area to allow for major concrete road works, following years of complaints from motorists and businesses about severe potholes along the busy corridor.In a traffic advisory issued late F

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Investigation: Kabale–Mgahinga Road: Shs.16bn Paid to Briefcase Firm, 2 years Later no Works on Ground

Investigation: Kabale–Mgahinga Road: Shs.16bn Paid to Briefcase Firm, 2 years Later no Works on Ground

So far shs 16 billion has been paid to a brief case firm in Kabale- Mgahinga Road upgradeWhen the government launched the Shs112 billion Kabale–Lake Bunyonyi and Kisoro–Mgahinga road project, it was marketed as a transformative infrastructure investment expected to unlock tourism poten

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Uganda’s Gender Equality Revolution: Minister Amongi Unveils Ambitious 8-Point Plan at UN as Poverty Rate Plummets to 16.1%

Uganda’s Gender Equality Revolution: Minister Amongi Unveils Ambitious 8-Point Plan at UN as Poverty Rate Plummets to 16.1%

NEW YORK — Uganda’s Minister of Gender, Labour and Social Development, Hon. Betty Amongi, delivered a powerful address at the United Nations Headquarters today, showcasing the country’s remarkable progress in women’s empowerment and unveiling an ambitious eight-point strategy to accelerat

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MPs warn it could take 48 years to clear Uganda’s Shs8.4t domestic arrears

MPs warn it could take 48 years to clear Uganda’s Shs8.4t domestic arrears

Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca

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