National
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Budget analysts warn gov’t against poor debt management
KAMPALA, February 11, 2025 – National budget analysts, led by the Civil Society Budget Advocacy Group [CSBAG], have issued a warning to the government regarding poor debt management and associated inefficiencies. This…
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UDB bosses quizzed over loan distribution
KAMPALA, February 11, 2025 –– Members of Parliament on the Committee of National Economy are concerned about distribution of the Uganda Development Bank [UDB] financing as the government seeks loans totalling US$…
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Hard work pays: Atingi-Ego confirmed as new Governor of Bank of Uganda
KAMPALA, February 10, 2025 – President Museveni has confirmed Dr Michael Atingi-Ego as the new Governor Bank of Uganda [BoU], finally settling the concerns of bankers and other stakeholders in the local…
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Pastor Ssempa wants polygamy for Christians in Marriage Bill
KAMPALA, Febraury 10, 2025 – The Pastor of Make-rere Community Church, Martin Ssempa has asked Parliament to legalise polygamy for Christians, criminalise adultery and set a minimum number of times for couples…
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MPs approve Shs 1.2trn to facilitate merged agencies
KAMPALA, February 10, 2025 – – Parliament has approved a supplementary budget of over Shs1.2 trillion to facilitate the transfer of funds from rationalised government agencies to the receiving institutions. The supplementary…
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Housing: Auditor General decries undercapitalisation of NHCCL in new report
KAMPALA, February 7, 2025 — The Auditor General Edward Akol, has urged the government to allocate more funds to the National Housing and Construction Company Limited [ NHCCL ] to enable the…
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Boda Boda riders to form their own bank following initiative launch
KAMPALA, February 5, 2025 –– The United Boda Boda Cooperative Union recently launched the National Boda Boda Stage Development Model, an initiative designed to unlock the financial independence of the commercial riders…
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Only 21 percent of GROW project funds expended, says new report
HOIMA CITY, February 5, 2025 – In his latest audit report for the year ending December 31, 2024, Auditor General Edward Akol reveals that only 21 percent of the funds disbursed under…
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Urgent action needed on human-wildlife conflict, gov’t urged
KAMPALA, February 5, 2025 – Government’s failure to fully fund the Uganda Wildlife Compensation Scheme has left hundreds of victims of human-wildlife conflict without financial relief. According to the Committee on Tourism,…
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Don’t cut parliament’s budget, legislators warn Finance Ministry
KAMPALA, February 5, 2025 –– The Members of Parliament [MPs] on the Legal and Parliamentary Affairs Committee have protested the Ministry of Finance’s decision to slash Parliament’s budget by Shs 145 billion for…
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