The Bank of Uganda has issued a strong warning to the public regarding the misuse of Uganda Shilling currency, urging everyone to preserve the integrity of banknotes and coins. The central bank specifically cautioned florists, designers, gifting stylists, and clients against using brand-new bankn
President Yoweri Museveni has appointed former NSSF managing director Richard Patrick Byarugaba as senior presidential advisor on exports and industrial development, alongside Moses Sabiti.President Yoweri Museveni has appointed former National Social Security Fund (NSSF) managing director
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
The 2026 Stanbic Economic Forum is set to return under the theme, “Uganda’s Inflection Point: Competing in a Rewired Global Economy”, with a live stream on Stanbic Bank Uganda’s YouTube channel on February 12, starting at 8:30 a.m.The Forum comes at a pivotal moment f
KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj
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
The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und
Uganda’s Ministry of Works and Transport unveils a major 2026 infrastructure plan featuring road rehabilitations, railway upgrades, and water transport projects.KAMPALA, Uganda — The Ministry of Works and Transport has unveiled a massive infrastructure plan for 2026, targeting the reha
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the
