Government has tabled a UGX1.696 trillion supplementary budget request before Parliament’s Budget Committee, with UGX422.264 billion earmarked as an initial payment for the purchase of 10 aircraft for Uganda Airlines. The request was presented by Works and Transport Minister Edward Katumba Wamala, who appeared before the committee on Monday, 1 December, as MPs considered Supplementary Expenditure Schedule Two ahead of its adoption by Parliament in the plenary sitting scheduled for Tuesday. Gen Katumba Wamala told the committee that the supplementary request is intended to cover urgent financing gaps within the transport sector that could not wait for the next budget…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The shilling experienced one of its most volatile stretches in recent months. It swung wildly as offshore realignments and rising import demand disrupted its long-held stability. The currency opened last…
In an economy navigating shifting macroeconomic tides, NMB Bank Plc continues to tower above its peers as Tanzania’s most profitable and resilient financial institution. The lender’s 2025 third-quarter Interim Financial…
