Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report
Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp
MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic
Eight ministers may face the knife over the raging Kinyara Sugar Limited and Victoria Sugar war, a battle of World War II magnitude that has rocked the sugar sector and left political heavyweights bruised, exposed, and fighting for survival as a looming cabinet reshuffle casts a long shadow over
A female customs officer at the Uganda Revenue Authority (URA) has been recognized for exceptional integrity after rejecting a bribe of Shs 300 million and uncovering a concealed shipment of cash amounting to $10 million (about Shs 37 billion). The officer, whose identity has not been disc
Sweeping reforms in Uganda’s construction sector are set to tighten enforcement of building standards following the President’s assent to the Building Control (Amendment) Act, 2026.The amendments, which came into force on March 19, 2026, are aimed at strengthening regulation, supervisi
Tension is mounting in Kisoro and Rubanda districts following concerns over the planned acquisition of land for iron ore mining, with Bukimbiri Member of Parliament Hon. Eddie Kwizera calling for clarity and respect for affected communities.In a letter dated March 11, 2026, addressed to th
Lafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northern SyriaLafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northe
In a significant breakthrough in the Soroti City murder case, police in the East Kyoga region have arrested a fifth suspect and retrieved a weapon believed to be used in the killing. This follows the tragic shooting of mobile money operator and businesswoman Patricia Kokunda, 32, last week.
Suluhu said going forward, his motorcade will have only four vehicles while he rest of the teams will travel in one busTanzanian President Samia Suluhu Hassan has ordered a sharp reduction in her official convoy, saying only four vehicles will now accompany her while the rest of her entour
