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Parliament Approves Shs 28tn Budget

Uganda’s Parliament has approved the 2017/​2018 fi­nan­cial year budget totalling to Shs  28.9 tn. On Tuesday, State Min­is­ter of Fi­nance, David Ba­hati, had earlier pre­sented...

It will Take Policy & institutional Reforms for Uganda’s Economy to...

Economic growth is not a chance event although it can benefit from chance events. There must be a plan that guides deliberate actions that...

Nakumatt announces Shs 270bn injection to revive business

  Nakumattt Holdings group managing director Atul Shah has announced a plan to inject $75m (about Shs 270bn) to reinvigorate the business that had seen...

DFCU Sacks 250 former Crane Bank Employees

A month after it acquired struggling Crane Bank, the Development Finance Company of Uganda (dfcu) Bank has sent just 35 per cent of the...
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South Sudan Parliament Passes 1.4 Trillion SSP Budget

The Transitional National Legislative Assembly has passed a 1.4 trillion South Sudanese Pounds budget for the 2022/2023 Fiscal Year.   The budget, with a deficit...

Deputy Speaker Tayebwa Summons Prime Minister, Ministers Over Human Rights Violations

The Deputy Speaker, Thomas Tayebwa, has summoned the Prime Minister and party leaders in the House to discuss and try to resolve the unending...

Ugandan NGO AFIEGO Receives Prestigious Right Livelihood Award

The Africa Institute for Energy Governance (AFIEGO), an environmental organisation from Uganda, is among the recipients of the 2022 Right Livelihood Award for their tireless efforts...

MTN Uganda Launches Bicycle Races in Ker Kwaro Acholi

MTN Uganda in partnership with Ker Kwaro Acholi, has today launched a bicycle racing competition targeting the 8 districts of the chiefdom. The bicycle...

Why Internet is So Expensive in Uganda Compared to Other Countries in East Africa

Uganda’s telecom companies have invested heavily in infrastructure services to boost internet access but the low users have limited their ability to lower internet...