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SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po

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Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor

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Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p

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Why Muwanga Kivumbi needed Baganda colleagues more than politics

Why Muwanga Kivumbi needed Baganda colleagues more than politics

Muwanga Kivumbi surrounded by Prisons officers at courtIn Ugandan politics, success is often framed as a function of numbers, party machinery, and public rhetoric.Yet some political moments are not won by slogans or crowds, but by alliances of trust, identity, and professional solid

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Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.

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When voters say ‘enough is enough’

When voters say ‘enough is enough’

Uganda’s just-concluded 2026 general elections, many prominent politicians, including long-serving lawmakers and key cabinet members, were voted out nationwide as voters chose new representatives over established figures.This event signalled a major upheaval in Parliament since the intro

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Uganda Airlines delays expose cracks in passenger protection

Uganda Airlines delays expose cracks in passenger protection

Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance

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Ex-Trade Ministry PS Ssali, MPs Mawanda, Akamba Return to Anti-Corruption Court in Shs3.8 Billion Fraud Case

Ex-Trade Ministry PS Ssali, MPs Mawanda, Akamba Return to Anti-Corruption Court in Shs3.8 Billion Fraud Case

Left to right: MPs Michael Mawanda, Paul Akamba, lawyer Julius Kirya, ex-Ministry of Trade PS Geraldine Ssali and Elgon MP Ignitius Mudimi Wamakuyu in the dock during the hearing of their case at the Anti-Corruption Court in Kampala on August 27, 2024.KAMPALA — Former Ministry of Trade P

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55,000 Ukrainian soldiers killed in war with Russia, Zelensky says

55,000 Ukrainian soldiers killed in war with Russia, Zelensky says

The number of Ukrainian soldiers killed on the battlefield in the four years of war with Russia is 55,000, President Volodymyr Zelensky has said.Zelensky announced the figure in an interview with France 2 TV on Wednesday. Additionally, a large number of people are considered officially mis

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Residents suffocate as Lake Victoria chokes on pollution

Residents suffocate as Lake Victoria chokes on pollution

Research. Science professors conduct research on water pollution in Lake Victorian in October last year. Their findings indicated that the lake contained heavy metals, pesticides and other chemicals. PHOTO/FILEAt dawn, the cool breeze from Lake Victoria should carry freshness, the soft rus

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