A new report has revealed that government is threatening to deplete oil revenues from the Petroleum Fund even before production kicks off. The Report of Budget Committee on 2019/20 budget estimates released this week further adds that government is spending the funds without an investment plan which is contrary to
Read MoreMonth: July 2025
Uganda’s growing appetite to borrow both domestically and externally has seen the country’s public debt hit Shs43 trillion in record time. According to the Report of Budget Committee on 2019/20 budget estimates released this week, the accumulating public debt points to increasing vulnerabilities to the country. The report that was
Read MoreBeekeeping is among the most profitable agribusinesses in Uganda. As we continue to celebrate the World Bee Day, Ministry of Agriculture, Animal, Industry and Fisheries (MAAIF) takes this opportunity to encourage all Ugandan farmers to take beekeeping as a serious alternative business. There could also be other things connected to
Read MoreThe Uganda Communications Commission (UCC) has signed an agreement between Uganda and Hollywood Film Festival at the ongoing Cannes Film Festival. This agreement paves the way for Ugandan Content to showcase in Hollywood, arguably, the World’s most prominent film city. The agreement was signed by Mr Bradford Parks, the Chairman
Read MoreHuawei Founder and CEO Mr Ren Zhengfei (in featured photo) expressed confidence in the company’s business and capacity, saying the company had been preparing in anticipation of situations as of now, and it is well- prepared. “We will certainly be able to continue serving our customers. Our production capacity is
Read MoreThe management of Nakayima Cultural Site in Mubende district has come under contention with several groups of people, individuals, cultural institutions and local governments claiming responsibility for the historical place, URN reports. Claimants include Buganda and Bunyoro Kingdoms, Mubende municipality and a group of people known as Basazima, who are
Read MoreIndian PM Narendra Modi has secured another five-year term after winning a landslide general election victory. His Bharatiya Janata Party (BJP) looks set to win about 300 of the 543 seats in parliament, in what Mr Modi hailed as "a historic mandate". The main opposition alliance, which is headed by
Read MoreUgandan police have arrested a 25-year-old British man and two Ugandans for allegedly taking part in a miracle cure scam. Sam Little, Samuel Albert and Samula Tadeop were arrested early on Thursday morning in the town of Fort Portal in western Uganda. They are accused of giving Ugandans a chemical
Read MoreHuawei is winning over more and more Apple fans in China as the escalated trade tensions stoked “nationalist sentiment,” according to the South China Morning Post. China’s consumers are increasingly favoring their domestic brands after the U.S. stepped up its action against Huawei, the paper said. The article cited a few anecdotes where
Read MoreCar thieves are using South Sudanese number plates to steal Ugandan vehicles and smuggle them into neighbouring Kenya, according to the police. A regional police boss said that dishonest dealers were using fake South Sudan number plates to conceal stolen Ugandan cars. “We have decided to start impounding all vehicles
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