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Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.

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Gen Kainerugaba names 3 administrators for Shs1 billion fund

Gen Kainerugaba names 3 administrators for Shs1 billion fund

Gen Muhoozi Kainerugaba has appointed three administrators to oversee his Shs1 billion fund, aimed at supporting wealth-creating projects in agriculture, manufacturing, mining, and services.On February 8, 2026, the Chief of Defence Forces (CDF), General Muhoozi Kainerugaba, named Frank Kag

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Yusuf Nsibambi Reverses Cancellation of Students’ Bursaries After Wife’s Advice

Yusuf Nsibambi Reverses Cancellation of Students’ Bursaries After Wife’s Advice

Former Mawokota South Member of Parliament Yusuf Nsibambi has reversed his earlier decision to cancel bursary support for dozens of students following public backlash and counselling from his wife.Nsibambi recently made headlines after losing his parliamentary seat and taking a series of c

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BREAKING: Shock as Man’s Burnt Body is Found on Entebbe Airport Runway

BREAKING: Shock as Man’s Burnt Body is Found on Entebbe Airport Runway

Uganda’s CAA collects an aviation security fee of about $65 (roughly Shs240,000–Shs245,000) from the cost of each departing international passenger’s ticketEntebbe International Airport runwayUgandan aviation police are investigating how an unidentified man ended up dead on th

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Celebrations as Masaka court releases Fr Deusdedit Ssekabira

Celebrations as Masaka court releases Fr Deusdedit Ssekabira

Celebrations erupted at Masaka High Court today as Catholic faithful, church leaders, family and friends broke into songs and praise following the release on bail of Rev Fr Deusdedit Ssekabira. Celebrations erupted at Masaka High Court today as Catholic faithful, church leaders, family and

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STANBIC BANK FRAUD! Suspects in Enid Kukunda’s Sh725M Theft Eye Plea, Linked to Another Sh400M ABSA Heist!

STANBIC BANK FRAUD! Suspects in Enid Kukunda’s Sh725M Theft Eye Plea, Linked to Another Sh400M ABSA Heist!

One of the suspects charged over an attempted Shs 725 million fraud targeting Stanbic Bank has opened negotiations with the State to resolve the case through a plea bargain. The development was disclosed on Monday before the Buganda Road Chief Magistrate’s Court, where Chief State Attorney Joan

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Uganda: NSSF Stake in MTN Hits Shs1tn

Uganda: NSSF Stake in MTN Hits Shs1tn

MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the

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Nursing officer charged over unauthorised surgery

Nursing officer charged over unauthorised surgery

John Bosco Otim, 37, an assistant nursing officer at Atutur General Hospital in the dock at Buganda Road Chief Magistrate’s Court over allegations of conducting an unauthorized surgical procedure and performing a negligent act likely to spread infection. PHOTO | JULIET KIGONGO. An assis

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UPDF Officer Shot Dead by Police Officer in Fight Over Shs2000

UPDF Officer Shot Dead by Police Officer in Fight Over Shs2000

A UPDF officer has been shot dead by a police officer in fight over Shs2000. The money was supposed to be entrance fee for a football match at St Peter’s Catholic Primary School in Kagadi District’s Kyaterekera Town Council at the weekend.The game was between Super Lions FC and Lyanda

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Auditor General demands tighter controls as tech giants pay Shs29b in tax

Auditor General demands tighter controls as tech giants pay Shs29b in tax

While digital tax collections from giants like Apple and Meta have hit 29.5 billion shillings, the Auditor General warns that a lack of independent verification is causing significant revenue leakage.Uganda has successfully collected 29.5 billion shillings from global tech firms, but the c

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