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Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t

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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

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Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

In 2014, Kampala property mogul/businessman Kennedy Losuk Lokule embarked on construction of the luxurious Emin Pasha Lake View Residence on the rocky terrain of Kampala’s upscale neighbourhood of Muyenga.Reporting by Weekend Vision shows that the 120-r

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Meet Jordan Ssebuliba, a man who declared his father mad in order to take over property

Meet Jordan Ssebuliba, a man who declared his father mad in order to take over property

Jordan Ssebuliba, about 50 years old, is an estranged son who has severally dragged his father, city businessman Mohan Musisi Kiwanuka to courts of law over the years.He has also been bonded severally in many police stations in cases that are not related

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Tororo Councillors Storm District Offices Over Shs596m Property Tax

Tororo Councillors Storm District Offices Over Shs596m Property Tax

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

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Tomatoes, Fresh Leaf Vegetables Lead Monthly Inflation Surge in Uganda

Tomatoes, Fresh Leaf Vegetables Lead Monthly Inflation Surge in Uganda

Monthly headline inflation for February 2025 surged by 0.6%, more than doubling the 0.3% recorded in January 2025.The cost of living in Uganda has experienced a notable rise, with tomatoes and fresh leaf vegetables emerging as the primary contributors to monthly

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OIL CURSE!!!  URA Ordered To Pay Shs709Billion To Heritage Oil & Gas Ltd

OIL CURSE!!! URA Ordered To Pay Shs709Billion To Heritage Oil & Gas Ltd

A miscalculation by the Uganda Revenue Authority (URA) will cost taxpayers Shs709 billion after the High Court’s Commercial Division ordered the refund of wrongly assessed taxes and interest to a United Kingdom-based company.

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Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million

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VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr

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Coffee boom in the eyes of Buganda Kingdom

Coffee boom in the eyes of Buganda Kingdom

Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (

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