Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t
Vincent Waiswa Bagiire, Permanent Secretary, Ministry of Foreign Affairs of the Republic of UgandaDoha — The Embassy of the Republic of Uganda in the State of Qatar successfully hosted the Second Edition of the Uganda–Qatar Business Forum at Rotana City Centre, Doha, under the theme: â
Uganda and the UAE kicked off their fourth annual business forum in Kampala, aiming to boost a $2.8 billion trade relationship dominated by Ugandan gold. Foreign direct investment from the Gulf nation has surged tenfold, fueling growth in sectors like agribusiness and renewable energy.KAMP
Saudi Arabia revealed plans for the NEOM Sky Stadium, which will be the world’s first-ever "sky stadium" suspended 350 meters above the ground. Once completed, NEOM Stadium will set a new global benchmark in sports architecture and sustainable design. The NEOM Stadium is expected to make its de
Business executives must remember that customers are human beings navigating the same economic stormsCOMMENT | SIMON DDEMBE | The year 2025 has tested the resilience of many Ugandans. Business activity has remained sluggish, household incomes continue to shrink, and countless families are
LILONGWE | Xinhua | Malawian President Peter Mutharika has issued an executive order banning the export of raw, unprocessed minerals as the country gears itself up to develop its wide range of mineral resources.The order was released on Saturday, reaffirming the government’s commitment t
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
Counsel Joshua Tumukunde, the National Unity Platform (NUP) flag bearer for Igara East Constituency, has withdrawn from the 2026 parliamentary race, citing financial limitations.In a letter dated October 16, 2025, addressed to NUP President Robert Kyagula
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
New Chinese "wonder goats" arrive in Uganda under FAO project. Research will crossbreed them with local types known for slower growth to increase meat yield.Minister Bright Rwamirama (left) and Dr. Swidiq Mugerwa inspect the Chinese goats during the han
