Uganda: Just 41 MPs Approve Shs9tn Loan Blitz
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 reques...
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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects
“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 loa...
Makerere University Announces Graduation Fees for 76th Ceremony
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, sche...
Cardi B shows off flat stomach one month after giving birth to baby #4
Cardi B flaunted her flat stomach while wearing a faux fur crop-top in a selfie s
Treasury bills auction attracts Shs567b as investor demand surges.
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence i...
World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.
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...
Court orders Uganda Airlines to pay former CEO Muleya Shs455 million for illegal dismissal
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...
Parliament Commissioners Including Mpuuga Share Another Shs1.6bn Service Award
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...
Uganda’s rising debt, shrinking lives
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, p...
Parliament Approves Shs772 Bn Loan to Tackle Water Crisis in Four Districts
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 Ug...