Only 10 percent of govt projects are on schedule, NPA report says
Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discl...
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“debt”
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...
Kyambogo University to Operate Without Lecturers Over UGX 6.7 Billion Debt
(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious m...
Xi Jinping’s Propaganda Gift Arrives in Uganda
(Beijing) – China’s Xi Jinping. Xi, always eager to flaunt China’s never ending fountain of flowery words, penned a letter (“special” birthday message) that, qu...
PRIMEUganda’s debt remains sustainable, says IMF
The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the...
Outrage as Multichoice increases subscription fees again
There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium contentâs pricing for DStv and G...
Unveiling the Burden of Credit Card Debt: How One Mother Took Control of Her Finances
In a world where financial realities can easily get buried under mounting credit card debt, one mother, Jenny Bauman, found herself deep in the trenches of debt accumulat...
No love lost as NUP set out to unseat Ssemujju
Since its inception in 2020, the National Unity Platform (NUP) has turned introduction ceremonies (customary marriage) in its Buganda cradle into spaces used to spread it...
Store credit cards now carry a record interest rate as more Americans struggle to make payments
Retail credit card interest rates have reached an all-time record, according to new data from Bankrate.The average APR for retail credit cards is 30.45% this year, which...
Joy as Uganda Airlines craft touches Abuja base for first time
A water cannon salute went off at about 6:25pm Nigerian time on Thursday, as the Uganda Airlines aircraft touched ground at the Nnamdi Azikiwe International airport, in...