Botswana has unveiled its first-ever Citizenship by Investment program, offering foreign investors the opportunity to acquire citizenship for $75,000 (approximately Shs288 million). The initiative, known as the Impact Investment Program is expected to officially begin in early 2026 as part
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry
Commissioners of Parliament who were in the news in 2023 and the better part of 2024 for awarding themselves a whooping Shs1.7bn with former Leader of Opposition Mathias Mpuuga taking the lion’s share with Shs500m and the other three commissioner Esther Afoyochan, Prossy Akampurira and Solomon
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
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
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
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
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
On Sunday, October 19, 2025, the Uganda Revenue Authority (URA) completed the transfer of four departments from its headquarters in Nakawa to office space owned by city businessman Sudhir Ruparelia.Uganda lifestyle productsThe decision to return to rented
Minister of Health, Dr Jane Ruth Aceng, has welcomed a landmark global deal that will dramatically slash the cost of the HIV prevention drug, lenacapavir, making it affordable for millions in low- and middle-income countries.The announcement was made on W
