Search Results

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t

Ultimate Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

EU Parliament Demands Release of Opposition Figures, Review of Ties With Uganda

KAMPALA: The European Parliament on Thursday adopted a strongly worded resolution condemning Uganda’s post-election environment, calling for the immediate release of opposition figures, an end to internet restrictions, and a review of the European Union’s cooperation with Kampala.In a

Ultimate Uganda

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

Ultimate Uganda

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

Ultimate Uganda

Wakiso seals UGX 43.8 billion deal to redevelop central and Kawuku markets

Wakiso seals UGX 43.8 billion deal to redevelop central and Kawuku markets

WAKISO, Uganda — A major milestone has been achieved in the transformation of trade infrastructure in Wakiso District following the official signing of multi-billion shilling contracts for the construction of selected modern markets.In a ceremony marked by optimism and commitment to serv

Ultimate Uganda

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

Ultimate Uganda

Newly Re-elected Lamwo’s Hillary Onek Confesses to Being Tired on Being MP

Newly Re-elected Lamwo’s Hillary Onek Confesses to Being Tired on Being MP

The 78-year-old Eng Hillary Obaloker Onek, who is also the Minister for Disaster Preparedness, has been MP for Lamwo County in Greater Kitgum since the year 2001. And for a long time, he was the strongest and the only surviving Musevenist in the whole of Acholi, which the opposition comfortably d

Ultimate Uganda

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.

Ultimate Uganda

Gen Kainerugaba names 3 administrators for Shs1 billion fund

Gen Kainerugaba names 3 administrators for Shs1 billion fund

Gen Muhoozi Kainerugaba has appointed three administrators to oversee his Shs1 billion fund, aimed at supporting wealth-creating projects in agriculture, manufacturing, mining, and services.On February 8, 2026, the Chief of Defence Forces (CDF), General Muhoozi Kainerugaba, named Frank Kag

Ultimate Uganda

INCOMPETENCE OR SABOTAGE? Sh53bn Karamoja Valley Dams, Tanks Turn into Mud Pits Under Ministry of Water Negligence

INCOMPETENCE OR SABOTAGE? Sh53bn Karamoja Valley Dams, Tanks Turn into Mud Pits Under Ministry of Water Negligence

A shocking Auditor General’s report has exposed deep rot, negligence and sheer incompetence at the Ministry of Water and Environment, after billions of shillings meant to save Karamoja from chronic water shortages were blown on valley tanks and dams that are now choked with silt, broken down or

Ultimate Uganda