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...
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Why population census numbers have raised eyebrows
A number of questions have emerged following the release of the National Population and Housing Census 2024 final results by the Uganda Bureau of Statistics (Ubos). This...
Vision Group's Shs25b share sale explained
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a not...
Uganda unveils 600MW Karuma Hydropower Plant
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Is...
How Lugogo Cricket Oval and Serena revolutionized the showbiz scene
In 2022, Sheebah Karungi did the unthinkable, organised twin concerts at Kampala Serena’s Victoria Conference Hall. It was an ambitious move that could still show how m...
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...
Government urged to put breaks on tax incentives to companies
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury strugg...
Unpacking the New Gaga Every Day Bundles
Q: So Somdev, what's the big deal with the new Gaga Every Day campaign?Somdev Sen: It's all about giving our customers more! We revamped the Gaga bundles to offer greater...
Inside Uganda’s murky carbon offset markets
According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister...
Vandals, inside theft and ageing grid damn UETCL
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for...