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Museveni halts Central Bank directive on Sacco licensing

Museveni halts Central Bank directive on Sacco licensing

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

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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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IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

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

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

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

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

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

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Local Government Elections: Arrests, allegations, and low voter turnout

Local Government Elections: Arrests, allegations, and low voter turnout

The local government elections have concluded amid a mix of tension, allegations of malpractice, and low voter turnout in several districts.Across the country, polling stations experienced disputes ranging from voter bribery and denied voting rights to claims of ballot stuffing, prompting

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ISO seeks Extra Shs218b To Enhance Intelligence, Monitor PDM funds

ISO seeks Extra Shs218b To Enhance Intelligence, Monitor PDM funds

The Internal Security Organisation ISO has asked Parliament for an additional Shs218 billion in the 2026/27 financial year to strengthen intelligence collection and improve monitoring of the Parish Development Model PDM amid growing concerns over corruption and weak oversight.The request w

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FEAR, FRACTURES & A FINAL PUSH! Secrets why M7 went back to Kasese

FEAR, FRACTURES & A FINAL PUSH! Secrets why M7 went back to Kasese

Before wrapping up his re-election campaigns at Kololo tomorrow, Jan 13, President Yoweri Museveni made a calculated move: he returned to regions he had already visited. From Arua in West Nile, to Iganga in Busoga, and finally Kasese in the Rwenzori sub-region, the message was clear—these were

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UNMF receives additional Shs5 billion to strengthen musician financing

UNMF receives additional Shs5 billion to strengthen musician financing

The Uganda National Musicians Federation (UNMF) has received an additional Shs5 billion from the government to boost its SACCO, strengthening financial support for musicians across the country.This latest disbursement comes after UNMF previously received Shs5 billion in 2024 as part of a w

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NRM Releases Final 25% Facilitation for Parish Based Grassrout Mobilization

NRM Releases Final 25% Facilitation for Parish Based Grassrout Mobilization

The National Resistance Movement (NRM) has released the fourth and final tranche of facilitation funds for parish-based grassroots mobilisation, marking a key milestone in the party’s nationwide preparations ahead of the 2026 elections.In a formal communication dated January 6, 2026, the

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