Botswana launches sale of citizenship at $75,000
Botswana has unveiled its first-ever Citizenship by Investment program, offering foreign investors the opportunity to acquire citizenship for $75,000 (approximately Shs28...
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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 tri...
Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue
A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim...
Airtel’s Statutory Levy to UCC to Rises by 11.4% to Hit Shs38bn
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to...
Excessive govt local borrowing starves private sector of creditÂ
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no...
Jinja Hospital puts down part of Shs340m wall for Muslims to access cemetery
Muslims in Jinja City have started accessing the cemetery after a section of a perimeter wall constructed for Jinja Regional Referral Hospital (JRRH) by the Enginee...
Mobile phone subscribers now spending more on data than calls
Mobile phone subscribers in Uganda are now spending an average of Shs13,365 per month on mobile phone services, according to a report by Uganda Communications Commission...
How Karuma closure disrupts supply chain
At about 5.45am, Lawrence Waka drives his delivery van—a Probox—from Kamdini Town centre to Atura Landing Site. It is at this former ferry docking site, loc...
Motorists face long detours following Karuma Bridge closure
Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The govern...
Govt turns to domestic financiers to close gaps created by reduced external borrowing
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in...