In accordance with the Communications Act, telecom company Airtel Uganda has given Shs 34.8 billion to the Uganda Communications Commission (UCC) in order to support the country’s communication infrastructure. Following Airtel’s outstanding financial performance in 2023—when it reported gross revenue of Shs 1,784 billion, an impressive 11.5% increase from Shs 1,599 billion the year before—comes…
It is the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen. Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old property developer stands accused of looting one of Vietnam’s largest banks over a period of 11 years….
The road projects in Mbarara city and Ntungamo municipality are under the Uganda Support for Municipal Development programme, which is funded by the World Bank. Authorities in Mbarara City and the Deputy Inspector of Government, Dr. Patricia Achan Okiria, have voiced concerns that if the contractor misses another deadline, the money allotted for the building…
The Opposition’s Shs43 trillion alternative budget for the next financial year, 2024–2025, was presented by the shadow cabinet, led by Mr. Joel Ssenyonyi, Leader of Opposition in Parliament (LoP), on April 8. The budget’s primary goals are to uphold human rights and bolster the fight against corruption. The opposition’s alternative budget was presented at Parliament…
According to the lead counsel, Jonathan Kirumira, in case government decides to purchase the identified land and relocate Luzira prisons, it will simply be a manifestation of double standards, manipulation of the law and selfish interests that undermine Ugandans at the expense of the few privileged persons such as investors.
Dr. Kizza Besigye, a former presidential candidate, informed tea farmers in Bushenyi District, Western Uganda, on Saturday that the current fluctuations in tea prices are intended by the National Resistance Movement (NRM) government to keep people poor for easy management and manipulation
The improved offer from French media giants Canal+, which is worth $2.9 billion (roughly Shs11 trillion) to fully acquire the South African broadcasting company, has left Multichoice with little to no options. In an attempt to increase its 35 percent ownership stake in Multichoice to 100 percent, Canal+ made an offer in February of $1.7…
A case to overturn President Museveni’s executive order ordering the expulsion of cattle keepers, or “Balaalo,” from northern Uganda was dismissed by the Gulu High Court. Presiding Judge Philip Odoki was prompted to dismiss the case after the petitioner, Mr Leonard Otee, did not follow up on the matter and have it prosecuted against the…
For the 2024–2025 financial year, community mobilization, mindset transformation, and service digitization have been identified by the Uganda Registration Services Bureau (URSB) as top priorities. Registrar General Mercy K. Kainobwisho made this revelation to stakeholders on Thursday during her presentation of the URSB’s performance. In order to support entrepreneurship, innovation, and business growth, she stated…
Due to allegations of fraud involving the loss of billions of shillings in unsecured loans from Equity Bank, two men have been taken into custody. Godfrey Mukwaya and Robert Mugumya, two former employees of Airtel Uganda, were taken into custody by police detectives on Thursday night and held at the Kampala Central Police Station (CPS)….
