KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Bitcoin is trading around USD 89,100 on January 25, 2026, following a recent decline from its USD 95,000 peak on January 15. Despite short-term dips, experts remain optimistic about potential gains in 2026. Over the past month, Bitcoin has recorded 1.51 per cent growth, reflecting steady market r
KAMPALA, Uganda — Security agencies have launched a massive investigation into a sophisticated gold-smuggling ring allegedly used to funnel untraceable international funds into the 2026 general election, sparking fears of a foreign-backed plot to destabilize the country.At the center of
WORD BY WORD: Bobi Wine Reveals Next Move in Interview; Questions on Evidence, Protests, Supreme Court Petition Answered EXPOSED! Bobi Wine Reveals State Operative Following Him Everywhere He GoesBobi Wine. Ugandan opposition leader Robert Kyagulanyi Ssentamu aka Bobi Wine has revea
In every election cycle, history is summoned to the dock, not as a witness to be questioned, but as an exhibit to be defended. In Uganda’s current political season, President Yoweri Kaguta Museveni’s enduring slogan, “Protecting the Gains,” has re-emerged with renewed force and urgency. I
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
Ashraf Muyomba the Director Hongera Saana Uganda, Office of the PresidentA bitter scramble for billions from a United Nations agriculture fund has landed the national coordinator of Hongera Sana Uganda in serious trouble, exposing deep cracks within Uganda’s security establishment and ra
The State House Anti-Corruption Unit (SH-ACU) has arraigned and secured the remand of Godfrey Ssekidde Lubowa, a notorious fraudster who for years impersonated a senior Uganda People’s Defence Forces (UPDF) officer under the alias “Maj Gen Sam Kiwanuka,” after he defrauded a Kenyan investor
Bitcoin has surged after weeks of volatile trading, climbing above the USD 90,000 level. As of 9:42 am IST, it was priced at USD 93,866, signalling potential further upside. Although cryptocurrency markets remain unpredictable, recent momentum has fuelled expectations that Bitcoin could reach eve
