Business •
16 Sep '25
The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli
Business •
13 Jun '25
KABALE — President Museveni has directed the contractors of the Kabale–Lake Bunyonyi–Kisoro–Mgahinga road project to prioritise the use of local content in the execution of the Shs112 billion infrastructure upgrade.The directive was delivered by Deputy Speaker of P
Business •
05 Jun '25
The NRM aspiring MP Eng. Shafiq Kabandize for Makindye East has embarked on a community support initiative, a move to win voters’ hearts.Makindye East, well known for supporting opposition parties, may end up in the ruling party (NRM) after Eng. Shafiq Kabandize, the NRM aspiring MP
Business •
05 Jun '25
The Standard Gauge Railway (SGR) project took a significant step forward as Turkish contractor M/S Yapi Merkezi Insaat Ve Sanayi A.S was formally introduced to the leadership and stakeholders of Tororo District.The event, held at the Tororo District Council Hall, also unveiled the project
Business •
02 May '25
Emmanuel Nyabayangu, a strong supporter of President Museveni, shared a personal story about losing his wife to former Vice President Gilbert Bukenya.Nyabayangu, who worked as a driver for the Rwanda Embassy in the late 1990s, claims that Bukenya took adv
Business •
15 Nov '24
Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million
Business •
31 Oct '24
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
21 Oct '24
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
Business •
21 Oct '24
Mobile phone subscribers in Uganda are now spending an average of Shs13,365 per month on mobile phone services, according to a report by Uganda Communications Commission (UCC). The report, which reviews the quarterly performance of the telecommunication sector, indicates that the average
Business •
21 Oct '24
Controversy has continued to brew over the government’s Rationalisation of Agencies and Public Expenditure (Rapex) with the Uganda National Road Agency (Unra) and Uganda Road Fund (URF), the latest entities to show a stomach for fighting to the bitter end.