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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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Kasule Lumumba Directs UCC to Control Radios on Political Content, Orders UBC to Cover Entire Country as She Takes Charge at The Information Ministry

Kasule Lumumba Directs UCC to Control Radios on Political Content, Orders UBC to Cover Entire Country as She Takes Charge at The Information Ministry

Newly appointed Minister of ICT and National Guidance, Justine Kasule Lumumba, has signaled a tougher government approach toward radio broadcasting and political programming, directing regulators to ensure that media platforms prioritize national guidance and development information over what she

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Leader of Opposition, Joel Ssenyonyi Unveils 30-Member Shadow Cabinet

Leader of Opposition, Joel Ssenyonyi Unveils 30-Member Shadow Cabinet

KAMPALA, Uganda — The leader of the opposition in Parliament, Joel Ssenyonyi, has unveiled a 30-member Shadow Cabinet for the 12th Parliament, defending the leaner team as more effective in holding the government accountable than mirroring the executive’s 82-member Cabinet.Ssenyonyi to

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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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Museveni orders probe into Shs231b veterans' token of appreciation

Museveni orders probe into Shs231b veterans' token of appreciation

President MuseveniPresident Museveni ordered a comprehensive investigation into the management and distribution of Shs231 billion earmarked as Akasiimo (ex-gratia gratuity) for military veterans.Speaking from State Lodge Nakasero during the Heroes’ Day celebrations, Mr Museveni sa

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Museveni Salary: How Much Uganda’s President Earns Every Month and How He Spends It

Museveni Salary: How Much Uganda’s President Earns Every Month and How He Spends It

For many Ugandans, it would seem natural to expect the President to be among the highest-paid public servants, given the immense responsibilities that come with leading the country, overseeing national security, directing government policy and representing Uganda on the international stage.

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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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