Ziria Tibalwa, the Chief Executive Officer of Electricity Regulatory Authority Ugandans should brace themselves for tougher times after Umeme exit. This is after Ziria Tibalwa Waako, the Chief Executive Officer of Electricity Regulatory Authority (ERA) cast doubts on Government’s preparedness to take over from Umeme in April 2025, citing the
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The Auditor General has asked Parliament to halt the approval of the US$190Million (Shs692.688Bn) loan from Stanbic Bank Uganda for the buyout of Umeme until the completion into the audit of the figures submitted by Umeme. The request was made by Joseph Hirya, Director of Audit, Office of the Auditor
Read MoreAfrica Losing Shs322.5 Trillion Annually In Illicit Financial Flows – Speaker Among
Speaker Among addressing delegates at the conference. Behind her is Hon. Sseggona Speaker Anita Among has called for a fight against illicit financial flows that see Africa lose an estimated US$88 billion (UShs322.5 Trillion) annually. The Speaker made this call while presiding at the African Organisation of Public Accounts Committee
Read MoreNational School Championship Aims To Nurture Young People Into Great Entrepreneurs & Job Creators- Stanbic Bank CEO
Kedrace Turyagyenda (C) the Permanent Secretary Ministry of Education and Sports pose for a group photo with Stanbic Bank officials led by Kenneth Mumba Kalifungwa, Sam Fredrick Mwogeza, and Cathy Adengo Stanbic Bank Uganda has launched the 10th National Schools Championship in a move that will see the competition surpass
Read MorePresident Museveni. Residents in Bunyoro want him to take stern action against PDM Implementers in the region. Residents in the Bunyoro sub-region have tasked President Yoweri Kaguta Museveni to take stern action against officials implicated in the extortion of Parish Development Model-PDM beneficiaries. President Yoweri Kaguta Museveni will start his
Read MoreUganda decided that when oil and gas revenues start to flow, they would be reserved for infrastructure development, but experts urge for cautious decisions about it. The Petroleum Fund was part of the outcome of a benchmarking exercise in Norway at the time of developing laws and policies for the
Read MoreThe launch event was graced by many guests Festo Camera Group Uganda Ltd, a one-stop camera store selling all kinds of Cameras and managing after sales services has opened shop in Kampala. Speaking as guest of honour at the official opening of the shop located at Crown House in Kampala
Read MoreUgandan Manufacturers Call For Regulation Of Foreign Traders Buying Produce Directly From Farmers
Manufacturers claim maize grain is taken to Kenya for processing into fine flour which is exported back for sale in Uganda Uganda Manufacturers Association (UMA) has appealed to Uganda Revenue Authority (URA) to regulate foreign traders who are currently buying produce directly from farmers. On Thursday, UMA had an engagement
Read MoreKampala businessman Patrick Bitature (pictured) has again lost a suit in which he had wanted court to reduce the UGX 194million awarded to Vantage Mezzanine Fund II Partnership, a South African based venture capital. High Court judge Steven Mubiru ruled in favour of Vantage when he held that the UGX194m
Read MoreOn March 12, 2025, at around 7:37 PM, Parliament approved the Third Supplementary Schedule, allocating UGX 4.255 trillion. This brings the total supplementary budget for the 2024/25 fiscal year to UGX 6.548 trillion, raising concerns about the government’s fiscal discipline and financial planning. Finance Minister Henry Musasizi informed Parliament that
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