Uganda Gov’t plans to borrow over UGX 5.8 trillion in a single sitting amid rising debt concerns
- Share
- Tweet
- Pin it
- Share
- More


A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…
Log In
Paul Murungi
Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.
His body of work has contributed to policy change in private and public companies.
Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.
- @https://x.com/paulmurungiug
- Send me an email!
Related Stories


Men and women who will be driving Uganda’s power distribution function: Who is who on UEDCL’s Exco team?


Equipping youth with financial literacy skills through S-Wallet


A Final Toast to The Last Umeme Employees Standing


The Umeme buyout heat that is threatening to turn chaotic
You May Also Like
Breaking Barriers & Transforming Lives: Meet Some of Uganda’s Rising Women Female Engineers
Airtel Uganda launches New Network Sites in Kabarole to Accelerate Digital Transformation of the Tourism City.
Fired-Up! Charles Mudiwa’s 2024 Big dfcu Bank Turnaround
Ex-Capital Markets boss, Keith Kalyegira to head Absa Bank Uganda’s Board.
Related posts
Meet the Author
Gillion is a multi-concept WordPress theme that lets you create blog, magazine, news, review websites. With clean and functional design and lots of useful features theme will deliver amazing user experience to your clients and readers.
Learn moreCategories
- Africa (12,123)
- Business (562)
- Design (3)
- East Africa (739)
- Guide (7)
- Interior (1)
- Life (1)
- Lifestyle (5)
- Motivation (4)
- People (3)
- Photography (2)
- Rest of Africa (731)
- Review (1)
- Science (72)
- Style (1)
- Travel (5)
- World (173)
Subscribe Now
* You will receive the latest news and updates on your favorite celebrities!