MPs protest as government borrows Shs 2 trillion from Ecobank Uganda, Afreximbank

Parliament has approved a government proposal to borrow up to €270 million (Shs 1.1 trillion) from the African Export-Import Bank (Afreximbank) and €230 million (Shs 940 billion) from Ecobank Uganda and the Development Bank of Southern Africa (DBSA) to finance the 2024/2025 national budget. This amounts to €500 million (Shs 2 trillion). The debate on…

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Museveni banned Facebook in 2021. So why do these agencies still use it?

By Joel Odota In January 2021, in the lead-up to Uganda’s general elections, President Museveni implemented a sweeping internet shutdown, temporarily disabling access to mobile money services and social media platforms to prevent what he termed “foreign interference” in Uganda’s political affairs. While general internet access and mobile money services were later restored, Facebook has…

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