Browsing: Uganda

Uganda Plans To Borrow Over Shs10.3 Trillion From External Lenders As Debt Nears Crisis Level

The Government of Uganda is planning to borrow over Shs10.3trillion from external lenders in the FY2021/22 that starts in July. This website can confirm that according to the latest Budget Framework Paper, maintaining the country’s momentum towards the debt crisis level, the new loans are intended to plug the project revenue shortfalls to fund the…

Police Blocks Besigye’s Anti-Corruption Walk

Uganda Police has on Wednesday December 12, 2019 blocked the former president of Forum for Democratic Change (FDC) Dr. Kizza Besigye from leading an anti-corruption march in competition with one organized by the president. Besigye’s team were planning a walk similar to that being organised by the State House Anti-Corruption Unit where the chief walker…

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