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
President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence
The President of Kenya and Chairperson of the East African Community (EAC) William Samoei RutoKenya’s President William Ruto has called for an emergency summit of Heads of State of the East African Community (EAC) to attempt to deal with mounting financial crisis at the regional bloc.
The long‑debated Nakivubo drainage channel in Kampala is now emerging as a striking symbol of urban renewal and modern design, earning praise from city dwellers and traders alike as redevelopment works continue to reshape the once‑troubled artery of the capital. The long‑debated Naki
A fresh undercurrent of defiance is beginning to ripple through the 12th Parliament as Hon. Marshall Alenyo, a seasoned city lawyer and newly elected legislator, throws his hat into the ring for the position of Deputy Speaker—despite reports that the NRM Central Executive Committee (CEC) had al
Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation
The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation
Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers are active, despite a sharp expansion in registrations in the financial year ended June 30, 2025.According to the Auditor
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
