On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different financial institutions including banks in Uganda and abroad.Journalists working for National Media group, the mot
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.
Business executives must remember that customers are human beings navigating the same economic stormsCOMMENT | SIMON DDEMBE | The year 2025 has tested the resilience of many Ugandans. Business activity has remained sluggish, household incomes continue to shrink, and countless f
Balam Barugahara, the state minister for gender, labour, and social development in charge of children and youth affairs while speaking during a multiparty youth dialogue organized by Netherlands Institute for Multiparty Democray (NIMD) at Masindi Kolping hotel in Masindi municipality on Thursday
The Judiciary under the stewardship of Chief Justice Alfonse Chigamoy Owiny - Dollo, today officially launched the Annual Performance Report for the Financial Year 2024/25 alongside a landmark Compendium on Enhancing Electoral Justice.The high-level event took place at the Supreme Court Bu
Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the global cybersecurity market is projected to more than double to $562.77 billion by 2032—a reflection of the scale of inve
(L-R) Benson Turamye, Executive Director of Public Procurement and Disposal of Public Assets Authority (PPDA), Patrick Birungi, Executive Director Uganda Development Corporation (UDC) and Paul Mwesigwa, Managing Director Uganda Electricity Distribution Company L
Youth leaders have raised the alarm over the increasing political manipulation of young Ugandans ahead of the 2026 general elections, calling for peaceful and lawful participation in the democratic process.Makerere University Guild President, Churchill James Ssentamu, was among those who v
