The Ghana Police Service in Nkawie, located in the Atwima Nwabiagya South Municipality of the Ashanti Region, has arrested a 26-year-old man for allegedly attempting to steal an armoured police vehicle.The suspect, Ebenezer Frimpong, was apprehended after a dramatic chase involving a seven
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
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
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac
Flight data from FlightAware showed that the jet departed Uganda, made a stopover in Cape Verde, and later arrived in Savannah, Georgia, in the USUganda’s presidential jet has landed in the United States, sparking speculation after authorities gave no immediate official explanation for t
President Yoweri Kaguta Museveni, through Hajjat Amina Mukalazi, the head of the State House Local Content Unit, has awarded 50 brand-new motorcycles to four different National Resistance Movement (NRM) mobilisation groups in appreciation of their efforts during the recent campaigns.The ha
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,
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Ramadan Ggoobi speaking to reporters in Kampala on Friday.The Ministry of Finance has released Shs 16.537 trillion for expenditure in the third quarter of the 2025/26 financial year, with debt repayment and treasury operations taking the largest share.Out of the total release, Shs 7
