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...
News discovery
Find the stories that matter to you.
Results for
364 found
“ugx”
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...
PFF demands audit of 2026 elections
Kampala, Uganda | THE INDEPENDENT | The People’s Front for Freedom has called for an independent audit of Uganda’s 2026 general elections. They accuse the Electoral C...
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...
Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, e...
Abitex, Bajjo Face Jail Over Misused SACCO Funds
Abitex and Bajjo face possible jail after being accused of misusing over UGX 3 billion in government SACCO funds meant to support Ugandan promoters.Abitex, Bajjo Face Jai...
REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank
From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly appro...
Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/2...
Uganda moves to own tourism offices, boosts airlines and promotion
Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of...
President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister Baryomunsi
Minister Chris Baryomunsi reveals President Museveni’s plan to fund UBC with UGX 30 billion annually so it can compete with global broadcasters like CNN, BBC and Al Jaz...