On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different financial institutions including banks in Uganda and abroad.Journalists working for National Media group, the mother company
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliament during
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
Bobi Wine at a rally on nomination day NUP faces its biggest test yet as other parties fizzle outCOVER STORY | IAN KATUSIIME | Shortly after 11am on a day filled with a
Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the global cybersecurity market is projected to more than double to $562.77 billion by 2032—a reflection of the scale of inve
The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli
Tech billionaire Larry Ellison (pictured right) has claimed the title of the world's richest person for the first time, surpassing Elon Musk. Ellison's wealth jumped by $101 billion to $393 billion after Oracle's blockbuster earnings report Tuesday. Musk's is wo
Rev Gideon Byamugisha speaking during the health weekKampala | State House this week sounded alarm over Uganda’s HIV epidemic, revealing that five Ugandans are infected with the virus every hour—equivalent to 100 new cases daily—at an annual cost of
Elon Musk is the world's richest man, but his whopping $413.2 billion net worth doesn't even come close to this Marvel superhero's wealth. Elon Musk is the world's richest man. He owns X, is the CEO of
Drone swarm technology has taken over modern warfare.Advancements in unmanned aerial systems have raised debate on whether Uganda is ready for the next theatre of battle ANALYSIS | IAN KATUSI
