Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
KAMPALA — Legal and tax officials at the Uganda Revenue Authority face accusations of defying a court order after allegedly releasing two containers of suspected counterfeit beer that had been slated for impoundment.The allegations are contained in a Feb. 6 petition filed by Rashid Babu,
When President Yoweri Museveni summoned officials from the Ministry of Water and Environment and the National Environmental Management Authority (NEMA) to his Kisozi farm in Gomba recently, the mood was anything but routine. According to sources familiar with the meeting, the President was deeply
Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
KAMPALA, Uganda — The government has unveiled an ambitious five-year strategic plan for the Ministry of Local Government, earmarking 2.2 trillion shillings to bolster decentralization and drive more citizens into the formal economy.The plan, which runs from the 2025-26 through the 2029-3
Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak
Minister of Education and Sports, Mrs Janet Museveni and UNEB Executive Secretary Dan Odongo.The disappearance of 34 Primary Leaving Examination Integrated Science scripts from Bamure Primary School in Koboko District is not a clerical mishap. It is a serious institutional failure that exp
National Resistance Movement’s Justice Nameere also a daughter to former Minister Vincent Bamulangaki Ssempijja has been declared the winner of the Masaka City Women MP rate after a controversial vote recount handled by Chief Magistrate Albert Asiimwe.The three-day vote recount exercise
