KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal managers and raising concerns about the long-term burden on citizens and businesses.According to the Ministry of Finance,
Jimmy Akena Obote, President of the Uganda People’s Congress (UPC), has firmly rejected the controversial Administration of Parliament (Amendment) Bill, 2024, describing it as unnecessary and unhelpful to Uganda’s parliamentary system.In an interview on Next Radio’s Next Big Talk pro
Iran has released a video allegedly showing captured United States soldiers as fighting continues between the US, Israel and the Islamic Republic.The footage circulating online shows several American soldiers kneeling on the ground with their hands tied behind their backs.The soldie
KAMPALA, Uganda — Uganda is hurtling toward a systemic social and economic crisis as a rapidly aging population outpaces a retirement savings framework that currently excludes 16 million workers.While the national pension sector appears robust on paper—with assets surging 21 percent to
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re
Uganda’s national carrier, Uganda Airlines, is grappling with escalating operational turbulence after grounding both of its long-haul aircraft, triggering a wave of flight cancellations that has now ensnared city tycoon Dr. Sudhir Ruparelia among affected passengers.“My Sunday flight w
The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
