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KARUMA CASH CRISIS! UEGCL Profits Drop, Debt Soars to 81.6% as Power Plants Rot —Who is Sleeping on the Job?

KARUMA CASH CRISIS! UEGCL Profits Drop, Debt Soars to 81.6% as Power Plants Rot —Who is Sleeping on the Job?

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

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Hidden Secrets Behind Norbert Mao’s Likely Victory in the 12th Parliament Speakership Race

Hidden Secrets Behind Norbert Mao’s Likely Victory in the 12th Parliament Speakership Race

Norbert MaoGULU, UGANDA – In a surprising political development, veteran politician and Minister of Constitutional Affairs, Hon. Norbert Mao, is emerging as the front-runner in the race for Speaker of Uganda’s 12th Parliament, with analysts citing his unique blend of grassroots mobili

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Maverick Ministers Defy Museveni to Topple Among

Maverick Ministers Defy Museveni to Topple Among

A power play for the ages: Justice Minister Norbert Mao and Speaker Anita Among. Once unlikely allies under President Museveni’s big tent, the two now find themselves on a collision course as Mao signals his intent to seize the speaker’s gavel. With the 12th Parliament on the horizon, the que

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Sesko's strike takes Man Utd to fourth in Premier League table

Sesko's strike takes Man Utd to fourth in Premier League table

Liverpool, Feb 24 Benjamin Sesko scored from the bench yet again as Manchester United edged out Everton 1-0 at Hill Dickinson Stadium to secure a fifth victory in six outings under Michael CarrickThe Slovenian substitute's strike salvaged a point at West Ham United last time out, and he wa

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South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

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Why Uganda must become a permanent member of BRICS

Why Uganda must become a permanent member of BRICS

If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a

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Why CDF Gen Muhoozi Kainerugaba Recalled Gen Gowa, Johnson Back To Mbuya

Why CDF Gen Muhoozi Kainerugaba Recalled Gen Gowa, Johnson Back To Mbuya

In a surprising development in Uganda’s security and government leadership, General Muhoozi Kainerugaba, the Chief of Defence Forces (CDF), has recalled General Gowa and Brigadier Johnson Namanya Abaho back to Mbuya Defence Headquarters after their recent posting at the Ministry of Internal Aff

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Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act

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Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp

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Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.

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