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Uganda maintains highest treasury bill rate in East Africa

Uganda maintains highest treasury bill rate in East Africa

Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.‎‎The data indicates Uganda's position at the top of the regional interest rate rankings

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Uganda budget: 199 oil wells drilled as country nears first oil

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the

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Oil pipeline layoffs signal job cuts surge in sector

Oil pipeline layoffs signal job cuts surge in sector

As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked claims of discrimination amid claims of retention of majorly expatriat

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Okello Blasts Fufa After Third Cranes Friendly Falls Through

Okello Blasts Fufa After Third Cranes Friendly Falls Through

Football security expert Dixon Okello has urged FUFA to rethink how it arranges international friendlies after Uganda lost three scheduled matches in less than a week, disrupting preparations for future competitions.Public order security and safety expert Dixon Okello has criticised Fufa's

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First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as

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Museveni Salary: How Much Uganda’s President Earns Every Month and How He Spends It

Museveni Salary: How Much Uganda’s President Earns Every Month and How He Spends It

For many Ugandans, it would seem natural to expect the President to be among the highest-paid public servants, given the immense responsibilities that come with leading the country, overseeing national security, directing government policy and representing Uganda on the international stage.

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How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda.Uganda’s oil journey has been defined less by extraction than by

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Gov’t to Merge UNEB with NCDC

Gov’t to Merge UNEB with NCDC

The Ministry of Education and Sports is planning to merge the Uganda National Examinations Board (UNEB) and the National Curriculum Development Centre (NCDC) into a single institution. The proposed merger is among the key reforms contained in the forthcoming Curriculum, Assessment and Admissions

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Journalist Solomon Sserwanja reportedly Arrested

Journalist Solomon Sserwanja reportedly Arrested

Investigative journalist Solomon Sserwanja, Executive Director of the African Centre for Investigative Journalism, has been arrested by plain-clothes security personnel, his team has confirmed.Sserwanja represents non-governmental organizations whose accounts were blocked by security agenc

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Mukono Parents Protest Transfer of School Deputy Head Teacher

Mukono Parents Protest Transfer of School Deputy Head Teacher

Some parents staged a demonstration protest against the transfer of Herbert Nelson Kisira, the Deputy head teacher of St. Peter’s Claver Namiryango Mixed Primary School in Mukono. Holding placards, they gathered at the school premises and expressed deep dissatisfaction with the authorities at M

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