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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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Armed Robbers Raid Wholesale Shop in Kitgum, Escape with Shs10 Million

Armed Robbers Raid Wholesale Shop in Kitgum, Escape with Shs10 Million

Armed robbers raided a wholesale shop in Omiya Anyima Sub-county, Kitgum District, on Tuesday night and escaped with more than Shs10 million in cash, prompting a security crackdown in the area. The robbery occurred at around 8:00 p.m. in Omiya Anyima Central Village, Panyum Parish, according to d

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Police bust livestock theft syndicate with three cows concealed under tarpaulin

Police bust livestock theft syndicate with three cows concealed under tarpaulin

The vehicle had been fully covered with an orange tarpaulin and attracted suspicion from officers conducting a motorcycle patrol along the highway.The three cows were found concealed under a tarpaulin on the Toyota LiteAce vehicle which was recovered by police after suspects abandoned it a

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M7 Urged to Intervene As Nsambya Hospital Becomes Death Trap-ROT HAS BEEN ON FOR YEARS

M7 Urged to Intervene As Nsambya Hospital Becomes Death Trap-ROT HAS BEEN ON FOR YEARS

Responding to initial media reports indicating that everything that can go wrong at a private not-for-profit health facility has happened to Catholic Church-owned St. Francis Nsambya Hospital, Ugandans have taken to social media to register their dismay while calling on President YK Museveni to i

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Gongodyo Murder: Key suspect Obed filmed with log in mob attack arrested, total suspects now 10

Gongodyo Murder: Key suspect Obed filmed with log in mob attack arrested, total suspects now 10

Kampala, Uganda: Police have arrested two more suspects in connection with the mob killing of Rugby Cranes player Sydney Gongodyo, including a man captured on video allegedly assaulting the athlete with a large wooden log during the fatal attack.The latest arrests bring the total number of

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Lord Mayor Balimwezo Demands Joint Approval Over NEMA Operations

Lord Mayor Balimwezo Demands Joint Approval Over NEMA Operations

Kampala Lord Mayor Engineer Ronald Balimwezo has revealed that the Kampala Capital City Authority Council (KCCA) has formally written to the National Environment Management Authority (NEMA) seeking a one month suspension of the ongoing demolition exercise targeting wetland areas.Speaking a

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Besigye sues Muhoozi for threatening to hang him on Heroes Day

Besigye sues Muhoozi for threatening to hang him on Heroes Day

Jailed opposition leader Dr Kizza Besigye has gone back to the High Court with his co-accused Hajji Obeid Lutale, this time to stop their treason trial completely.They say the case is unfair because of how they were arrested and because of repeated public threats made by Chief of Defence F

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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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Pearl Bank fired employee for losses it had already linked to bad weather. They have to pay him Shs 78m

Pearl Bank fired employee for losses it had already linked to bad weather. They have to pay him Shs 78m

Pearl Bank (formerly PostBank) has been ordered by the Industrial Court to pay Shs 78.9 million to a senior manager it unfairly and unlawfully dismissed nine years ago.Paul Ndhego joined PostBank in May 2009 as a branch manager before rising through several positions. By December 2012, he

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