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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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UIA and Lagan Exhibit Neglect As Floods Disrupt Namanve Park Operations

UIA and Lagan Exhibit Neglect As Floods Disrupt Namanve Park Operations

A massive sinkhole and persistent flooding in Namanve Industrial Park’s South ‘C’ Estate have disrupted transport and business operations, angering investors and triggering renewed criticism of the Uganda Investment Authority (UIA) and its infrastructure developer, Lagan Dott, over what has

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Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

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Uganda’s Malaria Cases Drop by 22% Despite Heavy Economic Toll

Uganda’s Malaria Cases Drop by 22% Despite Heavy Economic Toll

Malaria remains the leading cause of deaths in UgandaUganda has recorded a sharp decline in malaria incidence and mortality over the past year, driven by expanded vaccination, intensified vector control and faster treatment pathways, yet the disease continues to exact a heavy economic and

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PFF demands audit of 2026 elections

PFF demands audit of 2026 elections

Kampala, Uganda | THE INDEPENDENT | The People’s Front for Freedom has called for an independent audit of Uganda’s 2026 general elections. They accuse the Electoral Commission (EC), the military and state security agencies of presiding over what it described as an “industrial-scale electora

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BIG STORY: Magistrate Declares Nameere Masaka City MP After Controversial Vote Recount

BIG STORY: Magistrate Declares Nameere Masaka City MP After Controversial Vote Recount

National Resistance Movement’s Justice Nameere also a daughter to former Minister Vincent Bamulangaki Ssempijja has been declared the winner of the Masaka City Women MP rate after a controversial vote recount handled by Chief Magistrate Albert Asiimwe.The three-day vote recount exercise

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In

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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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Court upholds Ochai's win in West Budama North MP seat

Court upholds Ochai's win in West Budama North MP seat

Tororo Chief Magistrate's Court has dismissed an application challenging the declaration of Max Ochai as the winner of the January 15 polls for West Budama County North Parliamentary race.The application was filed by Richard Othieno Okoth, who contested as an independent candidate, request

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