URA to Collect Record Revenue as Budget Allocation Rises
Business National News
4 min read
757

URA to Collect Record Revenue as Budget Allocation Rises

April 2, 2025
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The Uganda Revenue Authority (URA) has been tasked with collecting over Shs 36.71 trillion in the 2025/26 financial year to finance government activities. This target surpasses the Shs 31.369 trillion set for the current financial year, 2024/25. The announcement was made by Henry Musasizi, Minister of State for Finance, during

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NIRA Acquires High-Tech National ID Card Printing Machines
National News
1 min read
878

NIRA Acquires High-Tech National ID Card Printing Machines

April 2, 2025
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In a significant step toward improving service delivery, the National Identification and Registration Authority (NIRA) has acquired four high-tech card printing machines, each capable of producing up to 3,000 national IDs per hour. These machines are expected to enhance efficiency and significantly reduce the turnaround time for national ID processing.

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President Museveni Drops Son Muhoozi Kainerugaba as CDF in Major Shake-up
National News
2 min read
949

President Museveni Drops Son Muhoozi Kainerugaba as CDF in Major Shake-up

April 1, 2025
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President Yoweri Museveni has dropped General Muhoozi Kainerugaba, from his position as Chief of Defence Forces (CDF) in a major military reshuffle that has sent shockwaves through Uganda’s security establishment. He replaced Muhoozi with General Kale Kayihura, a former bush war hero and ex-Inspector General of Police (IGP), as the

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Museveni drops Katabazi, names  Mugyenyi as New Director General of ISO
National News
1 min read
718

Museveni drops Katabazi, names  Mugyenyi as New Director General of ISO

April 1, 2025
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President Yoweri Museveni has appointed Arthur Mugyenyi as the new Director General of the Internal Security Organization (ISO). The appointment was confirmed by Faruk Kirunda, the Special Presidential Assistant for Press and Mobilization at the Office of the President. “His Excellency the President of the Republic of Uganda, Gen (Rtd)

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Court summons Busiki County MP Paul Akamba Over Shs 7.3 Billion Fraud Case
National News
2 min read
627

Court summons Busiki County MP Paul Akamba Over Shs 7.3 Billion Fraud Case

April 1, 2025
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The Anti-Corruption Court has issued criminal summons against Busiki County MP Paul Akamba for failing to appear in court. The summons were issued by Patrick Talisuna, the acting assistant registrar of the High Court, on behalf of the trial judge, Jane Okuo Kajuga. The case was scheduled for mention. Last

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Uganda Securities Exchange suspends UMEME after handover UEDCL 
Business National News
2 min read
745

Uganda Securities Exchange suspends UMEME after handover UEDCL 

April 1, 2025
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The Uganda Securities Exchange (USE) has suspended UMEME following the expiry of electricity distribution concession agreement and subsequent handover  to Uganda Electricity Distribution Company Limited (UEDCL). Yesterday, government paid US$118 million (Shs 432.677 billion) to UMEME following the expiry of concession agreement. “USE hereby informs all investors and the general public that

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Businessman Haruna Sentongo Loses Shs 10 billion Case Against I&M Bank Uganda
Business National News
4 min read
1031

Businessman Haruna Sentongo Loses Shs 10 billion Case Against I&M Bank Uganda

April 1, 2025
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City businessman Haruna Sentongo, a brother to Hamis Kiggundu, has lost a Shs 10 billion case against I&M Bank Uganda Limited. In January 2019, Orient Bank Limited (now I&M Bank Uganda) sued Haruna Sentongo, seeking repayment of Shs 10.3 billion, accrued interest, general damages, and costs of the suit. In

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Uganda Loses Shs 316 billion in the Medical Field Due to Corruption
National News
3 min read
750

Uganda Loses Shs 316 billion in the Medical Field Due to Corruption

March 31, 2025
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Former Leader of Opposition, Winnie Kiiza, has dismissed claims that Uganda is a poor country, arguing that such descriptions arise because the nation’s leaders manage it with a “kiosk mentality.” Speaking at Parliament during the presentation of the 2025/26 Alternative Budget, Kiiza emphasized that Uganda’s financial struggles stem from mismanagement

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Uganda Signs Shs 14.6 trillion Oil Refinery Deal with Alpha MBM Investments
National News Oil and Gas
3 min read
774

Uganda Signs Shs 14.6 trillion Oil Refinery Deal with Alpha MBM Investments

March 30, 2025
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In a significant move to strengthen its emerging hydrocarbons industry, the Ugandan government has signed an oil refinery implementation agreement with Alpha MBM Investments LLC to develop a $4 billion (Shs 14.6 trillion) oil refinery. President Yoweri Museveni confirmed the agreement, stating that the refinery will be constructed in Hoima

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Church of Uganda opposes gov’t proposal to collect school fees through URA
Education National News
4 min read
713

Church of Uganda opposes gov’t proposal to collect school fees through URA

March 29, 2025
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The Church of Uganda has opposed the government’s proposal to collect school fees through the Uganda Revenue Authority (URA), arguing that the move would hinder school development. Speaking at Mengo Senior School during a Thanksgiving Service for the Directorate of Education Services—an event recognizing outstanding schools and individuals in the

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