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Uganda: Museveni Blames Kassanda's Poor Services On Opposition Voting, Asks Residents to Reverse Trend

Uganda: Museveni Blames Kassanda's Poor Services On Opposition Voting, Asks Residents to Reverse Trend

President Yoweri Museveni has faulted the people of Kassanda District for voting opposition politicians, saying the decision is partly responsible for the poor service delivery in the area.Addressing a rally at Bukuya Town Council grounds on Wednesday, Museveni said that although some prog

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Uganda says to trim debt issuance by 21% in 2026/27 FY

Uganda says to trim debt issuance by 21% in 2026/27 FY

The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images

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Makerere University Flags Off 230 Students for University Games

Makerere University Flags Off 230 Students for University Games

Makerere University has flagged off 230 students to participate in the 20th edition of the Inter-University Games, scheduled to take place at Uganda Christian University (UCU) in Mukono. Speaking to the students during the flag-off ceremony held at Makerere University on Wednesday evening,

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Uganda Moves to Buy Stake in Kenya Oil Pipeline

Uganda Moves to Buy Stake in Kenya Oil Pipeline

KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently handles about 90% of Uganda’s fuel imports, making it critical to the country’s energy securityKenya plans to list the

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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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2026 Polls: Museveni Assures Buganda of Free and Fair Elections.

2026 Polls: Museveni Assures Buganda of Free and Fair Elections.

President Yoweri Kaguta Museveni yesterday held his first campaign rally in the Buganda region, addressing a massive crowd at Kasambya Town Council in Mubende District.The President who presented the National Resistance Movement (NRM) Manifesto for 2026-2031, reaffirmed that peace remains

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Uganda: Kasese Cotton Farmers Decry Climate Change, Low Prices, Call for Government Intervention

Uganda: Kasese Cotton Farmers Decry Climate Change, Low Prices, Call for Government Intervention

Cotton farmers in Kasese District have raised fresh concerns over climate change and falling market prices, warning that the twin challenges are threatening the survival of one of the region's once most reliable cash crops.Farmers say prolonged dry spells

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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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Bitcoin firm Twenty One Capital drops 20% on first day of trading

Bitcoin firm Twenty One Capital drops 20% on first day of trading

Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging wit

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Poor legacy assets drag down PIC unlisted investment impairments

Poor legacy assets drag down PIC unlisted investment impairments

Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv

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