Government Unveils Budget Plans for Upcoming Fiscal Year

Finance Minister Matia Kasaija has presented the national budget strategy for the fiscal period 2024/2025, indicating that the country expects…

Uganda’s Negotiations with the World Bank – Challenges and Progress

Uganda is currently in discussions with the World Bank, focusing on various aspects including human rights compliance, particularly concerning anti-gay…

Sugar Trade Dispute Sparks Economic Concerns in Uganda

A dispute over white industrial sugar production capacity at Kinyara Sugar has raised significant concerns in Uganda. The country is…

Money Mayhem: Uganda’s Debt Soars by UGX 864 Billion!

Payments for servicing external debt have shown a substantial increase, rising from $583.9 million (approximately UGX 2.17 trillion) to $816.3…

Nigeria’s National Grid Collapses, Leaving Nation in the Dark

In an unexpected turn of events, Nigeria, the land of perpetual power surprises, marked a historic moment on Thursday. The…

Uganda Seeks New Funds After World Bank Exit

In recent weeks, the World Bank stopped giving money for new projects in Uganda. They did this because they didn't…