Fear and whispered panic have gripped Next Media Services headquarters in Naguru after an internal memo hinted at a fresh round of restructuring that could leave dozens jobless.The memo, dated January 10, has sent shockwaves through the multi-media giant after management announced it was e
The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation
The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation
Serere District, in the wider Teso region, turned out to be one of the areas where the National Unity Platform (NUP) presidential candidate, Robert Kyagulanyi, aka Bobi Wine, performed strongly, winning about 13,000 votes, although President Museveni defeated him by a small margin.The stro
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to an “investor” is fake.According to the Special Presidential Assistant- Press and Mobilization also Deputy Presidentia
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
