Kampala, Uganda | URN | The High Court Commercial Division has allowed Absa Bank Uganda Limited to proceed with the sale of multimillion-shilling properties belonging to Boss Beverages International Limited after dismissing a long-running loan dispute over alleged wrongful interest calculations. In a judgement delivered through the Judiciary’s Electronic Court …
Read More »
Across the Global South, the food- and energy-price shock has morphed into a debt shock that demands an urgent international response COMMENT | MOUSSA FAKI MAHAMAT | As everyone knows, the war in the Middle East has caused a sharp spike in oil, gas, and food prices, creating severe …
Read More »
Kampala, Uganda | URN | Parliament has approved a record 84.391 trillion Shillings national budget for the 2026/27 financial year, setting the tone for Uganda’s fiscal direction in the coming years. The budget, passed during a plenary session chaired by Speaker Anita Among on April 24, 2026, is the first …
Read More »
Uganda confronts new development reality Kampala, Uganda | PATRICIA AKANKWATSA | Declining global aid flows and shifting geopolitical priorities are forcing a rethink of how Africa finances its development. Participants at the ninth Kampala Geopolitics Conference said this week, warning that traditional models are becoming increasingly unsustainable. The conference, held at …
Read More »
Finance ministry figures released on April 9 show fourth-quarter disbursements of Shs17.444tn, lifting total releases to Shs77.001tn—106.4% of the approved budget and 95.1% of the revised plan Kampala, Uganda | JULIUS BUSINGE | The government has released more funds than initially approved for the current financial year ending …
Read More »
Kampala, Uganda | THE INDEPENDENT | In its alternative budget for the 2026/27 financial year, the Opposition has warned that Uganda’s rising debt burden, shifting fiscal targets and controversial tax proposals risk undermining livelihoods, weakening institutions and choking service delivery. Presenting the proposals at Parliament on Tuesday, 07 April 2026, …
Read More »
How our government’s borrowing and spending is putting our country at the risk of default THE LAST WORD | ANDREW M. MWENDA | In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s total public debt stock increased to USD 34.86 billion (UGX 131.2 trillion) by the end of December 2025, up from USD 34.21 billion (UGX 128.7 trillion) at the end of September 2025. This is despite the debt service totaling UGX1.563 trillion. The 52.7 …
Read More »
Without comprehensive reform of the global financial system, Africa’s development and Europe’s stability will face growing risks COMMENT | Nana Akufo-Addo & Ulrich Volz | On November 24-25, African and European leaders met in Luanda, Angola, for the European Union-African Union summit. Marking 25 years of EU-AU partnership, the gathering was not …
Read More »
How government’s borrowing spree is leaving citizens bearing the cost Kampala, Uganda | Julius Businge | At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
