Uganda loses Shs180b deal as export board goes in limbo
Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zone...
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Economy posts positive results despite negative predictions
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions...
'Theft of public funds was a shameful thing back then'
You will be making 79 in November. With the benefit of hindsight, has Independence been worth it? Independence was a positive development that came at the right time. Col...
Kenya’s National Assembly Removes Deputy President Gachagua
Kenya’s National Assembly voted to impeach Deputy President Rigathi Gachagua on Tuesday, October 8, 2024 in a historic political event. The decision was made durin...
Soroti Council Meeting Turns into a Kick Boxing Contest
Soroti Councillors Throw Punches Instead of Proposals in Latest Meeting Debate sometimes resembles a wrestling match in Ugandan politics. This was the case at the Soroti...
Economy still faces several risks, says BoU
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher infla...
Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Li...
Does Kiira Motors need two years to turnaround?
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporat...
Lango Cultural Institution Paramount Chief Eng. Okune to be Coronated in Colorful Ceremony at Mayor’s Garden
His Highness Dr. Eng. Moses Michael Odongo Okune has called on all people of the Lango sub-region to prepare for a magnificent coronation ceremony that will showcase the...
Who holds the largest share of govt's domestic debt
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministr...