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...
News discovery
Find the stories that matter to you.
Results for
304 found
“trillion”
DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.
Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 mil...
Seoul and Washington Pen $950 Billion Deal.
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront...
YES IT’S TRUE: State House Finally Reveals Why M7 Banned Daily Monitor And NTV From His Events.
On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different fina...
Busega-Mpigi Expressway project loan approved.
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Ban...
Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion...
Bobi Wine lonely in opposition
Bobi Wine at a rally on nomination day NUP faces its biggest test yet as other parties fizzle outCOVER STORY | IAN KATUSIIME | Shortly after 11am on a day filled with a
Uganda Must Partner with Experts, Law Enforcement to Guard Against Cybersecurity Threats
Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the glo...
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...
Larry Ellison overtakes Elon Musk as the world's richest person
Tech billionaire Larry Ellison (pictured right) has claimed the title of the world's richest person for the first time, surpassing Elon Musk. Ellison's wealth jumped by $...