The country’s national development finance institution is lined up to receive US$275 million to accelerate socio-economic development in the country. The Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi, tabled a request for government to borrow the monies to capitalise the Uganda Development Bank
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Sylvia Mulinge, the MTN Uganda Chief Executive Officer Uganda’s telecom industry is set to undergo a significant transformation in 2025, driven by emerging technologies and evolving customer demands. Speaking during a media roundtable at MTN Uganda headquarters in Kampala, MTN Uganda Chief Executive Officer, Sylvia Mulinge, said key trends such
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By Ali Ssekatawa In his first 24 hours back in the White House, President Donald Trump signed an executive order promoting energy independence and economic growth. This order aimed to increase oil and gas drilling on federal lands by reviewing and potentially rescinding regulations considered obstacles to energy production. This
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The women activists appearing before the Committee on Legal and Parliamentary Affairs Women Activists have rejected a proposal in The Marriage Bill 2024, seeking to open up Civil Marriages to polygamy from the current form of monogamy, arguing that the Bill only provides for men to marry multiple partners while
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Representatives of Sponsors at the launch dfcu Bank has today announced the inaugural dfcu Jazz in the Pearl Festival, an event that will bring the biggest national and international jazz stars together for an unforgettable jazz experience that will fuse international and African music influences. The concert will be held
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Kiryowa Kiwanuka (L) interacts with Hon. Jonathan Odur (C) and Hon. Okiror before the start of the plenary session The Attorney General, Hon. Kiryowa Kiwanuka has told Parliament that he government has started implementing the recent Supreme Court orders on trial of civilians in the General Court Martial. Kiryowa Kiwanuka
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Deputy Speaker, Thomas Tayebwa The Deputy Speaker, Thomas Tayebwa directed the Attorney General to present an update to the House on the progress of a proposed Consumer Protection law. This followed concerns by some legislators over the manner in which financial institutions like banks place high insurance charges on loans
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Government has requested Parliament to extend another income tax exemption to Bujagali Hydro Power Project up to 30th June, 2025 even when the same company has seen Uganda lose out revenue worth Shs388.70Bn through similar exemptions it benefitted from between 2018 to 202l. In March 2023, Parliament rejected the request
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Lawmakers on the Legal and Parliamentary Affairs Committee have protested the Ministry of Finance’s decision to slash Parliament’s budget by UGX 145 billion for the next financial year, demanding full restoration to the current allocation. The proposed budget cut is outlined in the 2025/26 National Budget Framework Paper, which indicates
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Uganda High Commissioner to New Delhi H.E. Prof Joyce K. Kikafunda receives the Excellence award and certificate at JIO World Convention Center, Mumbai together with the Ugandan delegation. Uganda scooped the Most Promising New Destination Award at the just concluded Out Bound Travel Market (OTM) Bombay. The Award was
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