KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and Teso.The newly constructed Lake Kyoga ferries docked at Bukungu Landing Site in Buyende ahead of commissioning.B
39th African Union summitKAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and econo
Finance Minister, Matia Kasaija congralating Mr Kenneth Kitariho (right) upon his inauguration as Chairperson of the NLGRB. Looking on is outgoing board chairperson Aloysius Mugasa (2nd left) and CEO Denis Mudene Ngabirano.Ten years after it was created, the National Lotteries and Gaming R
Reader modeExcitement in Kisoro as Lake Chahafi is Restocked with 876,400 Tilapiaugandaradionetwork.com12minThere is excitement in Chahafi Town Council in Kisoro District following the restocking of Lake Chahafi. Residents have welcomed the introduction of 876,400 tila
Kampala, Uganda | THE INDEPENDENT | In Arusha, Tanzania, Lubega John Nsamba represented her ailing father, John Mary Nsamba, whose land along the East African Crude Oil Pipeline (EACOP) had been acquired without what the family considered fair compensation.Over a month after his burial nea
UWA Executive Director Dr. James MusinguziFresh revelations from the Auditor General’s report as of December 2025 have laid bare deep cracks inside the Uganda Wildlife Authority (UWA), raising tough questions about oversight, accountability and leadership at one of Uganda’s most strate
The Uganda Civil Aviation Authority (UCAA) Board of Directors and Management Team has confirmed that works at Kabalega International Airport in Hoima District have reached 97% completion, following an on-site inspection conducted on Friday, February 12.The inspection team was led by Dr. St
Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t
