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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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No Money for Intern Doctors, But Billions for Big People” — Ssemujju Nganda Attacks Shs84 Trillion Budget

No Money for Intern Doctors, But Billions for Big People” — Ssemujju Nganda Attacks Shs84 Trillion Budget

Former Kira Municipality Member of Parliament Ssemujju Nganda has sharply criticised the newly presented Uganda national budget, questioning what he describes as misplaced priorities in government spending allocations.His remarks come shortly after the presentation of the Shs84.3 trillion

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Money Was There but You Failed! Jacob Oboth Oboth Blasts Predecessors over Stalled Parliament Building, Redirects Speaker’s Office Budget

Money Was There but You Failed! Jacob Oboth Oboth Blasts Predecessors over Stalled Parliament Building, Redirects Speaker’s Office Budget

Oboth Oboth reiterated pledges from his maiden address, declaring “zero tolerance to corruption” and stating, “I have no monies to recover because I didn’t spend [on speaker election campaigns].”He called for a “factory reset” of Parliament — strengthening committee oversig

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MISSING POLICE PRADOs SCANDAL! Top Police Bosses Probed Over ‘Ghost’ Sh5bn Vehicle Procurement Deal

MISSING POLICE PRADOs SCANDAL! Top Police Bosses Probed Over ‘Ghost’ Sh5bn Vehicle Procurement Deal

Several senior cops, some at the level of directors within the Uganda Police Force, are not happy after missing out on vehicles that were allegedly procured for their directorates, Red Pepper has exclusively learnt.Highly placed sources told Red Pepper that between 2021 and 2024, the Ugand

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Govt Allocates Shs2.26 Trillion to Agro-Industrialisation in Largest-Ever Agriculture Investment

Govt Allocates Shs2.26 Trillion to Agro-Industrialisation in Largest-Ever Agriculture Investment

The government has earmarked Shs2.26 trillion for agro-industrialisation in the 2026/27 financial year, targeting irrigation, value addition, agro-processing and agricultural research as part of efforts to transform Uganda’s agriculture sector into a more commercial and export-driven engine of

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Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20

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Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g

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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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From AU to UN, East Africa holds the line as peace missions shrink

From AU to UN, East Africa holds the line as peace missions shrink

Ugandan President Yoweri Museveni inspects a guard of honour during the flagging-off of Uganda’s first AU peacekeeping contingent to Somalia on March 1, 2007. East Africa remains the backbone of global peacekeeping despite shrinking troop numbers and funding.Despite the decline in number

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