Ibrahim Ssemujju Nganda has warned that Uganda’s Shs84.3 trillion budget, driven by heavy borrowing and domestic financing, could strain taxpayers and the private sector, as government defends its spending priorities in health, education and infrastructureFormer Kira Municipality Member
Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.The data indicates Uganda's position at the top of the regional interest rate rankings
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
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
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
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
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
For many years, Kampala tycoon Mbaba, who is synonymous with the list of wealthy Baganda with lots of ‘old money,’ has owned and operated Magic Car Parking, which is one of the most famous ones in Uganda’s capital.Located on the large vacant plot of land lying between Theatre Labonit
President Yoweri Museveni is expected to travel to Karenga District today, June 5, to officially launch the construction of Kidepo International Airport in Karenga district.The project is hoped to transform tourism and connectivity in the Karamoja sub-region.The Ministry of Works an
Kakira Sugar and other factories petitioned the High courtFor many Ugandans, taxes rarely feel real when they are first announced in Parliament.They feel distant then. Technical. Wrapped in legal amendments and budget speeches. The impact usually becomes clearer later, at the fuel s
