Business •
03 Nov '25
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
Business •
02 Nov '25
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
Business •
30 Oct '25
On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different financial institutions including banks in Uganda and abroad.Journalists working for National Media group, the mother company
Business •
30 Oct '25
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
Business •
29 Oct '25
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
Business •
27 Oct '25
The High court in Kampala has ordered the government to pay Shs 10 million in compensation to a man who was unlawfully detained by police for 10 days without being produced in court.Byansi was arrested on January 28, 2024, along Bulenga road and detained at the Special Investigations Unit
Business •
26 Oct '25
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral
Business •
26 Oct '25
Political theorist Dr. Yusuf Sserunkuma says it was a mistake for Bobi Wine to rebrand his political approach and seek to come off as a more issue-based Presidential Candidate going into 2026 campaigning season than he was in 2021. Appearing on Behind the Scenes program, which Timothy Nyan
Business •
25 Oct '25
Betty Namono, the Principal Human Resources Officer, and Michael Bichacha, the former Chief Finance Officer in Court.The Mbale High court has sentenced two senior Manafwa district officials to two years in prison and ordered them to pay back over 1.6 billion shillings lost in a fraud scan
Business •
25 Oct '25
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.