Uganda: ‘Delayed land acquisition stalling road works’
The report indicated that projects including the 23.7km Busega-Mpigi Expressway, 191km Rwenkunye-Apac-Lira-Puranga road and improvement of 11.45km of national roads in re...
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LEGS LOAN CRISIS! Sh2.7Bn MSC Lending Scandal, Sh62.53Bn Write-Offs and 52% Default Rate Expose Microfinance Support Centre Collapse Under Rural Growth Programme
A deepening financial crisis has engulfed the Microfinance Support Centre (MSC), the main lending arm of Government’s Local Economic Growth Support Project (LEGS), afte...
Gov’t Eyes UGX29Trn in New Loans for SGR, Roads and Water as Biggest Lenders to Uganda Named
Government through the Ministry of Finance, has unveiled a schedule of projects in the pipeline, indicating plans to borrow UGX29.079 trillion from various lenders to fin...
URA Telecom Tax Collections Rise 79% to Shs1.59 Tn on Digital Monitoring
KAMPALA — Uganda’s tax collections from telecom services have risen 79% to Shs1.59 trillion over five years as the Uganda Revenue Authority (URA) increasingly uses di...
Uganda adds Shs21 trillion to public debt in 1 year
Uganda’s public debt increased by nearly 20 per cent to Shs126.16 trillion by December 2025, but the government says the country can still meet its obligations.Uganda�...
From Shs70,000 to a thriving enterprise: Benah Nambi’s journey with FINCA Uganda
From Shs70,000 to a thriving enterprise: Benah Nambi’s journey with FINCA UgandaAfter starting with a Shs70,000 loan nearly three decades ago, Benah Nambi has built a s...
KIU Medical Student Appeals for Shs7 Million to Complete Degree After Tuition Crisis
A 24-year-old medical student at Kampala International University (KIU) Western Campus is appealing for financial support to raise Shs7 million in outstanding tuition fee...
Hut 8 Scam: Ugandans Count Losses as PDM Beneficiaries, Students and Families Lose Millions
More than Shs5 billion is emerging as an estimated loss, although authorities have not yet published a final audited figure.Victims include PDM beneficiaries and universi...
€207 Million Loan for Jinja-Kamuli Road Reignites Debt Sustainability Concerns
Finance Minister Henry Musasizi has tabled a proposal before Parliament seeking approval for government to borrow up to €207.77 million from Citibank to finance the...
Minister Bahati Tasks Banks on Affordable Credit as Manufacturers Cry Foul
Minister Bahati Tasks Banks on Affordable Credit as Manufacturers Cry FoulMinister David Bahati speaks durign the symposiumThe Minister of State for Trade, Industry and C...