Boeing 787 Dreamliner crashes, claims over 200 lives
Air India’s Boeing 787 aircraft (AI 171) which took off from Ahmedabad to London on Thursday (June 12, 2025), crashed minutes after taking off in the outside perimeter of the Sardar Vallabhbhai Patel International Airport, stated the Directorate General of Civil Aviation (DGCA). Carrying 242 people on board, the pilots
Gov’t Grants Tax Holiday to Start-Ups to spur growth
In a dramatic gesture hailed as bold and possibly useful, the Ugandan government has announced a three-year tax holiday for start-up businesses owned exclusively by Ugandan citizens provided they manage to survive the labyrinth of bureaucracy, unstable power supply, and regulatory whiplash. The announcement was made by Finance Minister Matia Kasaija
Uganda’s Debt shoots up Amid Increased Borrowing
Uganda’s public debt stock is expected to rise significantly in the 2025/26 financial year, Minister of Finance Matia Kasaija announced during the reading of the Shs 72 trillion national budget. According to Kasaija, the public debt is projected to reach USD 31.5 billion (Shs 116 trillion) by the end of
Uganda’s Economy Projected to Grow by 7% with Double-Digit Growth from Oil and Gas Production
Uganda’s economy is projected to grow by at least 7.0 percent in the 2025/26 financial year, and to achieve double-digit growth with the commencement of oil and gas production, according to Finance Minister Matia Kasaija. He made the announcement during the presentation of the Shs 72 trillion national budget for
Museveni: Digital Number Plates Are About Security, Not EPS Fines
President Yoweri Museveni has revealed that the implementation of digital number plates is not driven by financial motives or the imposition of fines, but rather by the need to curb crime. He made the statement during the reading of the 2025/26 national budget at Kololo Ceremonial Grounds. Museveni’s remarks came
Coca-Cola Beverages Powers Uganda Athletics Centenary Celebration as Official Hydration Partner
Coca-Cola Beverages Uganda (CCBU) proudly served as the official hydration partner for Uganda Athletics’ landmark event, “100 Years of Excellence and Dedication to Sports.” Held on Saturday, 7th June 2025, at Mandela National Stadium, the centenary celebration marked a historic milestone—commemorating a century of organised athletics in Uganda. The event
EU Delists Uganda, Tightens Anti-Money Laundering Rules
The European Commission has delisted Uganda from the list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. EU entities covered by the AML framework are required to apply enhanced vigilance in transactions involving countries on this list. This measure
Public Debt and Security Get Major Slice of Uganda’s Shs 72 trillion Budget
Finance Minister Matia Kasaija is set to present the Shs 72.376 trillion 2025/26 Budget, which was recently approved by Parliament. The Budget will be read at the Kololo Ceremonial Grounds. This budget aligns with the overarching theme of “Full Monetisation of Uganda’s Economy”, focusing on sectors such as commercial agriculture,
Gov’t Suspends Automated Express Penalty System Amid Public Outcry
The Ministry of Works and Transport has temporarily suspended the automated Express Penalty System (EPS) following widespread complaints from motorists. The EPS, a component of the broader Intelligent Traffic Monitoring System (ITMS), automatically issues fines for various traffic violations. These include overspeeding, issues related to vehicle registration plates, failure to
Joel Ssenyonyi Defeats Allan Ssewanyana, Re-Elected NUP Spokesperson
Leader of the Opposition in Parliament (LoP), Joel Ssenyonyi, has been re-elected as the National Unity Platform (NUP) spokesperson, defeating fellow party member Allan Ssewanyana during a delegates’ conference held today at the party’s training institute in Kamwokya. Ssenyonyi, who has served as NUP’s spokesperson for six years, retained the
