Some of the donated items Uganda Breweries has donated items worth Shs30m to the Luzira Youth and Women community. The donation includes 400 plastic chairs, 10 tables, 2 portable mini-sound systems, and 4-fifty-seater tents which will serve as revenue-generating assets through hire towards community development initiatives. While handing over the
Read MoreMonth: April 2025
Housing Finance Bank, UECCC Partner To Expand Access To Renewable Energy Financing In Uganda
A group photo of the Housing Finance Bank Executive team and UECCC executive team during the launch of the partnership at the bank Headquaters in Kololo Housing Finance Bank (HFB) and the Uganda Energy Credit Capitalization Company (UECCC) have today launched a groundbreaking partnership to accelerate the adoption of renewable
Read MoreNational Water and Sewerage Corporation (NWSC) has called on Parliament to intervene in the escalating unpaid water bills, which have crippled the Corporation’s operations. As of September 2024, the Government owes NWSC a staggering UGX97.441 billion, creating a financial strain that has hindered service expansion and infrastructure development. The issue
Read MoreHenry Musasizi. The Minister of State for Finance, Henry Musasizi, has defended the government’s request to borrow over UGX 1.004 trillion for the capitalization of Uganda Development Bank Limited (UDBL), citing the need to provide affordable long-term capital to Uganda’s business community. Musasizi made the remarks while appearing before
Read MoreA brand-new Suzuki Grand Vitara After years of hard work and careful planning, you're now ready to make an important purchase: a vehicle that matches your success. As you explore your options, SUVs naturally catch your eye, and the temptation of a slightly used, "premium" model is hard to ignore.
Read MoreStress Less With dfcu Loans: Inside dfcu Bank’s Unrivaled Financial Solutions For Both Individual Customers & Schools
Shan Nakanjako, the Manager Transactional Products & Liabilities at dfcu Bank In a recent interview, Shan Nakanjako, the Manager Transactional Products & Liabilities at dfcu Bank, provided insights into the bank’s latest campaign, "Sala Stress with dfcu Loans." dfcu Bank, one of Uganda’s most trusted financial institutions, has built
Read MoreA new report has revealed that only 10.3% of Seed Secondary Schools are fully staffed with staffing shortages more prevalent in critical subjects like Sciences, Mathematics, and Geography. This is contained in the Auditor General’s report for FY 2023/2024 that was presented to Parliament recently. The Government of Uganda (GoU),
Read MoreBuilding A Stronger Future For The Uganda National Lottery: Reflections On Six Months Of Growth And Opportunity
Denis Mudeni Ngabirano , the CEO NLGRB As the Uganda National Lottery marks its seven-month milestone, ITHUBA Uganda and the National Lotteries and Gaming Regulatory Board (NLGRB) reflect on a period of progress, learning, and collaboration. While the journey has come with its challenges, it has also laid the groundwork
Read MoreThe crested crane's faithful nature has also made it a target for use in traditional remedies/International Crane Foundation With its distinctive golden crown, red throat pouch and slender black legs, the crested crane is beloved in Uganda - featuring on the East African nation's flag and coat of arms. All
Read MoreUganda On The Spot Over Poor Debt Management As Gov’t Is Penalized Shs5.5bn Over Loan Cancellation
Uganda’s debt stock has increased by 104% over six years from USD12.55Bn in FY 2018/19 to USD25.59Bn in FY 2023/24. The Debt service cost as a portion of the National budget in the FY 2023-2024 was Shs18.56Tn (35%) of the annual National Budget of Shs52Tn. This increased from Shs8.85Tn (27%)
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