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Government invests UGX1 trillion to expand loan capacity at UDB

Government invests UGX1 trillion to expand loan capacity at UDB

KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj

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Airlines And Bamuturaki Come To Bite As She Steps Down

Airlines And Bamuturaki Come To Bite As She Steps Down

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

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NOBODY LISTENED: Joel Ssenyonyi’s Alarms Over Uganda Airlines And Bamuturaki Come To Bite As She Steps Down

NOBODY LISTENED: Joel Ssenyonyi’s Alarms Over Uganda Airlines And Bamuturaki Come To Bite As She Steps Down

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

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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

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Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said

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Uganda moves to own tourism offices, boosts airlines and promotion

Uganda moves to own tourism offices, boosts airlines and promotion

Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of renting office space for the Uganda Tourism Board, moving to owned facilities to cut costs and boost sector efficiency. Speaki

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FEAR, FRACTURES & A FINAL PUSH! Secrets why M7 went back to Kasese

FEAR, FRACTURES & A FINAL PUSH! Secrets why M7 went back to Kasese

Before wrapping up his re-election campaigns at Kololo tomorrow, Jan 13, President Yoweri Museveni made a calculated move: he returned to regions he had already visited. From Arua in West Nile, to Iganga in Busoga, and finally Kasese in the Rwenzori sub-region, the message was clear—these were

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Letter to President Museveni

Letter to President Museveni

President Museveni concluded his campaign trail by issuing a stern warning against the theft of Parish Development Model funds, promising a nationwide audit and arrest of implicated leaders.Dear President Museveni, I write to express gratitude for your leadership and dedication to U

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Uganda’s moment to build, not beg, the world

Uganda’s moment to build, not beg, the world

There are moments in a nation’s life when an external decision, seemingly adverse, even unfair, forces an uncomfortable but necessary reckoning.The recent tightening of United States visa conditions for Ugandans, including the introduction of substantial visa bonds, is one such moment. I

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Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Ramadan Ggoobi speaking to reporters in Kampala on Friday.The Ministry of Finance has released Shs 16.537 trillion for expenditure in the third quarter of the 2025/26 financial year, with debt repayment and treasury operations taking the largest share.Out of the total release, Shs 7

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