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 d...
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50% of agribusiness loan requests rejected - BoU
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by th...
New power tariffs excite Kalangala
Industrialists, cottage industry owners, and leaders in Kalangala District are optimistic about the newly-revised power tariffs announced by the Electricity Regulatory Au...
Our returns are in their own orbit, says NSS boss
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow m...
Suspect dies in Masindi police cells
Masindi police are in the spotlight after a 37-year-old suspect detained on theft charges died from the cells under unclear circumstances. Patrick Mujuni, a resident o...
IGG recovers Shs2.3b in confiscated assets of thieving public officials
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b mark...
Major Headache for Museveni as MPs Reveal How UGX 20 Billion Was Lost in His UPDF Food Project
MPs were left in shock after learning that the Uganda People’s Defence Forces (UPDF) mismanaged Shs29.8 billion allocated in August 2022 for a food production init...
Uganda Airlines: We are targeting 20 routes by year-end Â
It is about five years now since the revival of Uganda Airlines. What is there to write home about so far?Some of the reasons that led to the revival of Uganda Airlines e...
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...
Motorists face long detours following Karuma Bridge closure
Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The govern...