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Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t

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Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Finance Minister, Matia Kasaija congralating Mr Kenneth Kitariho (right) upon his inauguration as Chairperson of the NLGRB. Looking on is outgoing board chairperson Aloysius Mugasa (2nd left) and CEO Denis Mudene Ngabirano.Ten years after it was created, the National Lotteries and Gaming R

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

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

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ROAD TO JAN 15! In KOLE, Museveni emphasizes fish farming and cattle restocking

ROAD TO JAN 15! In KOLE, Museveni emphasizes fish farming and cattle restocking

Kole – President Yoweri Kaguta Museveni on Thursday campaigned in Kole District, where he outlined key priorities of the National Resistance Movement (NRM) ahead of the 2026 elections, with strong emphasis on wealth creation through fish farming, irrigation and cattle restocking.Addressi

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The price of gold is skyrocketing

The price of gold is skyrocketing

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

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Extravagant URA Returns To Renting Sudhir’s Building For Shs7.4 Bn After Completing Shs140 Billion Tower

Extravagant URA Returns To Renting Sudhir’s Building For Shs7.4 Bn After Completing Shs140 Billion Tower

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

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CHAN: Gov’t pays Shs142 million per match day to host matches at Namboole Stadium

CHAN: Gov’t pays Shs142 million per match day to host matches at Namboole Stadium

The Government of Uganda has been paying $40,000 (about Shs142 million) to Mandela National Stadium, Namboole, management for every match day during the ongoing African Nations Championship (CHAN).Uganda is co-hosting the tournament with Kenya and Tanzani

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Civil Aviation HR Boss Thrown In Luzira Over Shs14m Payroll Fraud Scandal

Civil Aviation HR Boss Thrown In Luzira Over Shs14m Payroll Fraud Scandal

ennifer Etit Okaka, the Human Resource Manager at the Uganda Civil Aviation Authority (UCAA)The Anti-Corruption Court in Kampala has formally charged Jennifer Etit Okaka, the Human Resource Manager at the Uganda Civil Aviation Authority (UCAA), with corru

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Minister Kyofatogabye Urges Public Sensitisation in Fight Against Counterfeit Motorcycles

Minister Kyofatogabye Urges Public Sensitisation in Fight Against Counterfeit Motorcycles

The State Minister for Kampala, Kabuye Kyofatogabye, has called on the public to join the fight against counterfeit motorcycles and spare parts.He said the best tool in this fight is public sensitisation.Many riders, he noted, have faced the risks and losses caused by fake products.

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Gen Moses Ali Renews Call for West Nile Ministry, War Debt Compensation

Gen Moses Ali Renews Call for West Nile Ministry, War Debt Compensation

Uganda’s Second Deputy Prime Minister and long-serving legislator for Adjumani West County, Gen Moses Ali, has once again urged President Museveni to establish a dedicated Ministry for the West Nile Region and ensure compensation for war debt claimants who suffered during past insurgencies

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