Business •
02 Jun '25
Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces
Business •
31 May '25
Uganda and the United Nations High Commissioner for Refugees (UNHCR) have issued an urgent appeal for international support as the country faces a steep rise in refugee arrivals amid a deepening funding crisis.In a joint statement released on May 30, the Government and UNHCR warned that un
Business •
31 May '25
The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement and tap into the growing global carbon market.Unveiled by the Ministry of Water and Environment at its headquarters in
Business •
29 May '25
Uganda’s correctional system is undergoing a remarkable transformation, with significant improvements in prisoner rehabilitation, crime prevention, and operational capacity.The Uganda Prisons Service has revealed new data highlighting the impact of its reform-driven approach to justice a
Business •
14 May '25
Uganda is preparing to step onto the continental school sports stage, with plans to participate in the forthcoming Africa Olympics School Games.The announcement came from Canon Duncan Mugumya, Clcommissioner for Physical Education and Sports at the Ministry of Education and Sports, during
Business •
14 May '25
A delegation of angry councillors from Kayoro Sub-county in Tororo District on Monday stormed the district local government offices, demanding urgent action over what they described as persistent tax evasion by major private firms operating in their area.Led by Andrew Opio, the secretary f
Business •
23 Apr '25
As Parliament prepares to approve its policy statements guiding the 2025/26 national budget, scrutiny of its own financial plans reveals a potentially troubling trend: more money allocated to political administration than to the core legislative committees that drive parliamentary scrutiny and ov
Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
04 Apr '25
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
Business •
18 Mar '25
Uganda is one of the top 26 countries that face significant risks due to the reductions in U.S. foreign aid, particularly impacting health sector financing.According to an analysis from the Washington, D.C.-based