Russian economic meltdown as 7,000 companies face bankruptcy.
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high inter...
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“servicing”
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...
Seven vehicles burnt to ashes in Ntinda garage fire
At least seven vehicles were burnt in the fireAt least seven vehicles were reduced to ashes on Monday afternoon following a fire outbreak at Efforts Garage in Ntinda, a K...
Equity Group posts Shs 433.2bn profit
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko...
Trump set to ease tariff impact on US carmakers
BBC | President Donald Trump is set to take action to ease the impact of his tariffs on US car makers, a top White House official says."This deal is a major victory for t...
ActionAid Urges UN to Lead Global Debt Resolution as IMF, World Bank Face Criticism
ActionAid has criticised the outcomes of the 2025 Spring Meetings of the World Bank and International Monetary Fund (IMF), calling for the United Nations to take over the...
Bad habits that may be damaging your car
James Bright has been a long-distance driver since 1997. Over time, he has observed that neglecting unusual sounds in a car is one of the poor car maintenance habits that...
Why you must make car servicing routine
It has been one year since Arnold Mutebi purchased a 2001 model CR-V RE2 4WD Honda. When he bought the car, he was looking for a fuel-efficient vehicle that had a fairly...
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...
Government loans worth Shs13 trillion remain unutilised
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt...