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11 Jun '26
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
Business •
11 Jun '26
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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11 Jun '26
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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11 Jun '26
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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11 Jun '26
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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11 Jun '26
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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11 Jun '26
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
Business •
11 Jun '26
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
Business •
11 Jun '26
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
Business •
07 Jun '26
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