Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
Mukono — After years of slipping performance and growing scrutiny, Mukono Municipality is staging a notable comeback—re-entering the top 10 in Uganda’s latest Local Government performance rankings and offering a case study in how administrative recalibration and political alignment can shif
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
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
DR Congo have ended a 52-year wait to return to the FIFA World Cup after they defeated Jamaica 1-0 in the final of Pathway 1 of the Inter Confederation Playoffs, held at Estadio Akron in Zapopan on Tuesday 31 March.The Leopards last played at the World Cup in 1974, making their debut at th
The Reds grabbed all three points from their visit to the City Ground on Sunday in dramatic fashion.Moments after seeing an effort in added time ruled out for handball by VAR, Alexis Mac Allister was able to celebrate for real with 97 on the clock.The Argentinian tucked home a rebou
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
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold
Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120
