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...
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Parliament Approves Shs772 Bn Loan to Tackle Water Crisis in Four Districts
The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ug...
Museveni Directs Use of Local Content in Kabale–Lake Bunyonyi–Kisoro Road Project
KABALE — President Museveni has directed the contractors of the Kabale–Lake Bunyonyi–Kisoro–Mgahinga road project to prioritise the use of local content in the ex...
Kabandize injects Shs 11m into Wabigalo community to support ghetto youth and women Saccos
The NRM aspiring MP Eng. Shafiq Kabandize for Makindye East has embarked on a community support initiative, a move to win voters’ hearts.Makindye East, well known for...
Turkish Contractor Preliminary Work in Tororo SGR Project
The Standard Gauge Railway (SGR) project took a significant step forward as Turkish contractor M/S Yapi Merkezi Insaat Ve Sanayi A.S was formally introduced to the leader...
Ex-Rwanda Embassy Driver Reveals How Bukenya Stole His Wife, Claims Museveni Failed Him
Emmanuel Nyabayangu, a strong supporter of President Museveni, shared a personal story about losing his wife to former Vice President Gilbert Bukenya.Nyabayangu, who work...
Tycoon Rajni Tailor faces jail over Shs148m rent arrears
Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his r...
Uganda shilling strengthens against dollar - BoU
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by...
VIDEO: Questions linger over Shs10 trillion SGR cost
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counter...
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...