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 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
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
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
President Museveni addressing NRM leaders from Busoga sub region during a meeting at Iganga Girls School grounds in Iganga town on Saturday. President Yoweri Kaguta Museveni has called on National Resistance Movement (NRM) leaders in the Busoga sub-region to embrace humility, unity, and di
The NRM presidential candidate, Mr Yoweri Museveni, has hit out at Opposition politicians who he described as inferior and inexperienced to lead the masses.Mr Museveni cautioned voters to desist from giving mandate to inexperienced politicians, especially from the Opposition whose focus he
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS
The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding savings belonging to at least 34 deceased legislators due to bitter disputes among i
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban
