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Low revenue as gov’t seeks Shs2.4 trn loan to finance current budget deficit

Government wants to borrow Euros 600 million (about Shs2.4 trillion) from both Stanbic Bank and Trade Development Bank to finance the 2019/2020 budget deficit,...

Museveni commissions nine factories in Nakaseke district

President Yoweri Museveni yesterday commissioned nine factories at Namunkekera Industrial Park at Kapeeka, Nakaseke District. The factories are manufacturing concrete products, agricultural products, food...

Is COSASE messing up Asian property inquiry?

Kampala businessman Sudhir Ruparelia yesterday snubbed summons by Parliament’s Committee on Statutory Authorities and State Enterprises (COSASE) investigating acquisition of properties from the Departed...

Godfrey Kirumira brags after fighting Gen Angina’s soldiers, ‘Am now a field martial’

City tycoon who doubles as the chairman of Bagagga Kwagalana group, Godfrey Kirumira, has bragged for battling out Uganda Peoples Defence forces (UPDF) soldiers...

Museveni conducting armed robbery in Uganda – Besigye claims

The former President of Forum for Democratic Change (FDC), Rtd Col. Dr. Kizza Besigye, has alleged that “President Yoweri Museveni is conducting armed robbery...

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