Uganda: NSSF Stake in MTN Hits Shs1tn
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the s...
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Local Government Ministry Unveils Strategic Priorities for 2026–2030, Ugx2.2 Trillion Needed
Ministry of Local Government Permanent Secretary Ben Kumumanya (right) handing over the contract to a team from UB Consulting at the Ministry of Local Government Headquar...
UNATU Runs Back to Speaker Over Missing Salary Enhancements in Budget
As schools across the country prepare to open for the new academic year, the Uganda National Teachers’ Union (UNATU) has signalled a shift in strategy amid continued di...
Uganda Airlines delays expose cracks in passenger protection
Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve...
Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end...
Government invests UGX1 trillion to expand loan capacity at UDB
KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the co...
Government earmarks UGX 2.2 trillion for five-year local government plan
KAMPALA, Uganda — The government has unveiled an ambitious five-year strategic plan for the Ministry of Local Government, earmarking 2.2 trillion shillings to bolster d...
New Audit Report: Money collected at Uganda Airlines’ Juba office was Never banked
Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of milli...
Museveni halts Central Bank directive on Sacco licensing
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to a...
Umeme Issues Profit Warning, Cites Losses from Concession Exit
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its b...