Shs400b to be injected in Mbale industrial park roads
Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uga...
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Corruption scandal rocks State House
A presidential assistant and four clerical staff in the Office of the President are being held for questioning as part of a wider investigation into alleged corruption at...
Kingfisher oil field nears completion
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production...
Why Ugandans can't build good homes
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nab...
Govt plans to cut next budget by Shs14 trillion
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trill...
Govt plans to cut next budget by Shs14 trillion
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trill...
Foreign reserves fall to all time low
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In detail...
At 62: Singapore innovates, Uganda struggles with waste
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to pro...
50% of agribusiness loan requests rejected - BoU
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by th...
Our returns are in their own orbit, says NSS boss
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow m...