URA speaks on Starlink internet equipment

The Uganda Revenue Authority (URA) has moved to clarify public concerns surrounding the importation of Starlink satellite internet equipment, saying the recently circulated internal directive has been widely misinterpreted. In a statement issued on Thursday, URA Public and Corporate Affairs Manager, Robert Kalumba, said there is nothing unusual about requiring security clearance and government licensing…

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Let experts run Uganda Airlines – Mukunda

Julius Mukunda, Executive Director of the Civil Society Budget Advocacy Group (CSBAG), has called for professional management and robust oversight of Uganda Airlines, warning that poor governance could cost taxpayers millions. In the supplementary budget, Shs 422 billion has been allocated for the airline’s additional aircraft. Mukunda questioned whether Uganda Airlines’ current financial performance justifies…

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UNOC secures Shs7Tn loan to fast-track oil and road projects

Following Parliamentary approval, the Uganda National Oil Company (UNOC) has formally executed financing agreements to borrow up to USD 2 billion (about UGX 7.12 trillion) from global petroleum trader Vitol Bahrain E.C. to support strategic national oil and infrastructure investments. The financing, to be repaid over seven years, is expected to unlock several key projects…

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