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Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report

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MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

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VERY LAUGHABLE: "Museveni Will Sell His Cows and Milk to Get Money to Give Each MP Shs100m" – Minister

VERY LAUGHABLE: "Museveni Will Sell His Cows and Milk to Get Money to Give Each MP Shs100m" – Minister

Closing the 2026 NRM leaders’ retreat in Kyankwanzi, President Yoweri Kaguta Museveni pledged financial support to newly elected legislators. Museveni said MPs would receive facilitation ahead of their swearing-in, alongside additional support later.The first batch would be Shs20m, the p

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Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac

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Relatives of Missing Kisoro Headteacher Living in Fear Amid Disappearance

Relatives of Missing Kisoro Headteacher Living in Fear Amid Disappearance

Relatives of Sunday Julius, a 45-year-old headteacher of Gihuranda Primary School in Rukundo Town Council, Kisoro District, are living in fear following his mysterious disappearance in December 2025.Julius’ father, Rwerekana Erasmus, 82, a resident of Bitare Village in Nyabwishenya Sub-c

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Farmers Urged to Pay Shs8,000 FMD Vaccine Fee to Unlock Export Markets

Farmers Urged to Pay Shs8,000 FMD Vaccine Fee to Unlock Export Markets

Rose AdemunFarmers across Uganda have been urged to contribute Shs8,000 per animal towards Foot and Mouth Disease (FMD) vaccination, as government intensifies efforts to access lucrative international markets for livestock products.Dr. Rose Ademun, Commissioner for Animal Production

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Court Convicts Pallisa County MP, Ex-Namisindwa District Bosses over Theft of Over Shs500M

Court Convicts Pallisa County MP, Ex-Namisindwa District Bosses over Theft of Over Shs500M

Hon Otukol Sam has been convicted by the Anti-Corruption CourtNATIONALThe Anti-corruption Court sitting in Kololo-Kampala has found the Pallisa County Member of Parliament and former Namisindwa CAO and CFO guilty of causing financial loss, theft, and conspiracy to defraud.The

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Over 500 Teachers Quit Profession in Just One Year Over Pay – Unatu Boss

Over 500 Teachers Quit Profession in Just One Year Over Pay – Unatu Boss

Over 500 teachers quit the profession in just one year over pay, a Unatu leader has revealed. The Uganda National Teachers’ Union (Unatu) says it has been recording teachers who quit the profession.Unatu secretary general Filbert Baguma described the number of teachers quitting the prof

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Gov’t Tables Shs84.2 Trillion Budget, Confirms Salary Enhancements and PAYE Relief

Gov’t Tables Shs84.2 Trillion Budget, Confirms Salary Enhancements and PAYE Relief

The government has unveiled a proposed UGX84.2 trillion national budget for the Financial Year 2026/2027, with projected domestic revenue of UGX44.5 trillion, as part of efforts to boost service delivery and economic growth.Speaking to journalists at Parliament on Friday, the State Ministe

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UPDATE: Museveni, NRM MPs Agree on Salary Increment for Arts Teachers, Primary Teachers, TVET Staff and Security Personnel

UPDATE: Museveni, NRM MPs Agree on Salary Increment for Arts Teachers, Primary Teachers, TVET Staff and Security Personnel

President Yoweri Museveni and NRM MPs have agreed on salary increment for arts teachers, primary teachers, TVET staff and security personnel.The agreement was reached during the NRM Parliamentary Caucus meeting at State House Entebbe on Friday, March 27, 2026.After the meeting, Muse

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