Business •
14 Apr '26
She was accused of laundering money for her son serving a prison sentence in Cambodia on drug trafficking chargesA court in South Korea sentenced a 90-year-old grandmother to a year in prison for aiding her jailed son in laundering profits from drug trafficking.The Incheon District
Business •
30 Mar '26
In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit
Business •
13 Mar '26
The National Building Review Board, (NBRB) has intensified a crackdown on illegal construction in Greater Kampala Metropolitan, focusing mainly on the prohibited Steel Timber Composite Building Method (STC).The method was banned in 2022 by the minister of Works and Transport, Gen Katumba W
Business •
04 Mar '26
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
Business •
08 Feb '26
When President Yoweri Museveni summoned officials from the Ministry of Water and Environment and the National Environmental Management Authority (NEMA) to his Kisozi farm in Gomba recently, the mood was anything but routine. According to sources familiar with the meeting, the President was deeply
Business •
31 Jan '26
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
Business •
20 Jan '26
The Kamuli District Chief Administrative Officer (CAO) and Chief Finance Officer (CFO) have been arraigned and charged in court over alleged embezzlement of over Shs600M meant for roads rehabilitation and maintenance.The duo was presented before the Anti-Corruption Court in Kololo, Kampala
Business •
26 Dec '25
Gift had been battling severe complications from an autoimmune disease, a condition in which the body’s immune system mistakenly attacks healthy tissues. A family in Kashari, Mbarara District is grieving the tragic passing of their daughter, Gift Ainembabazi, who died at Mulago Hospital
Business •
15 Dec '25
Parliament of Uganda has registered emphatic performances in men and women’s athletics, basketball and volleyball putting the legislature top of the table standings in the ongoing EAC inter-parliamentary games.In the men’s basketball final played in L
Business •
09 Dec '25
An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national