Residents of Kanungu District have been warned against defaulting on Parish Development Model (PDM) funds under the mistaken belief that the money is a government grant.The warning was issued by Dan Twinamatsiko, the Commercial Officer for Kanungu Town Council, while presiding over the ele
Senior Four student of New Life Secondary School in Luwero Town Council has died after allegedly being severely beaten by a teacher, while another student remains admitted to the hospital following the same incident. The deceased has been identified as 16-year-old Nicholas Nakibinge, while the id
Nationwide, which has more than 16 million customers, has urged caution for anyone considering applying for a credit card. The message also urges people who have a credit card to be careful, as some may not think about the risks.The building society advises "before you increase your credit
Kenyan court has delivered a stinging blow to Mogo Auto Limited, ruling that the lender charged a customer “exorbitant” and “exploitative” interest on a Ksh400,000 loan — a decision likely to resonate with many Ugandans who have repeatedly complained about the company’s lending practi
Ibrahim Ssemujju Nganda has warned that Uganda’s Shs84.3 trillion budget, driven by heavy borrowing and domestic financing, could strain taxpayers and the private sector, as government defends its spending priorities in health, education and infrastructureFormer Kira Municipality Member
Tragedy struck Bugema in the Industrial City Division of Mbale City on Wednesday night after a fierce fire gutted dozens of kiosks and market stalls, leaving traders and residents counting heavy losses.Property and merchandise worth millions of shillings were reduced to ashes in the infern
Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.The data indicates Uganda's position at the top of the regional interest rate rankings
Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as
Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda.Uganda’s oil journey has been defined less by extraction than by
