Business •
19 Dec '25
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
Business •
17 Dec '25
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS
Business •
17 Dec '25
Makerere University has released official guidelines on the payment of graduation fees for students set to take part in the institution’s 76th graduation ceremony, scheduled later this year.In a notice dated October 24, 2025, the Office of the Academic Registrar outlined the mandatory fe
Business •
13 Dec '25
Cardi B flaunted her flat stomach while wearing a faux fur crop-top in a selfie s
Business •
23 Nov '25
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban
Business •
12 Nov '25
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry
Business •
08 Nov '25
The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, about Shs 455 million in severance pay, general damages, and other costs for wrongful dismissal.In his ruling, Justice Anthony Wabwire Musana found that Muleya’s suspension and ev
Business •
05 Nov '25
Commissioners of Parliament who were in the news in 2023 and the better part of 2024 for awarding themselves a whooping Shs1.7bn with former Leader of Opposition Mathias Mpuuga taking the lion’s share with Shs500m and the other three commissioner Esther Afoyochan, Prossy Akampurira and Solomon
Business •
03 Nov '25
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
Business •
16 Sep '25
The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli