The 2036 development strategy of Russia’s Rostec state corporation assumes that the country will remain the world’s second-largest arms exporter, Executive Director Oleg Yevtushenko said."This year, Rostec approved its new development strategy through 2036. The difficult situation in t
The President stated that while some elements in the Ugandan political opposition might expect him to divert some of the funds from his huge State House budget to his personal accounts, he does not own such accounts.President Yoweri Museveni has publicl
The price of brown sugar has soared across Uganda, with consumers and traders alike feeling the pinch of global supply disruptions and erratic weather that has battered production in leading sugar-exporting nations.A kilogram of brown sugar now sells for between Shs5,500 a
The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating
Coffee bags in stores at UGACOF factory in BweyogerereA major agro-industrial project aimed at boosting coffee processing and export capacity is set to take off in Luwero District, promising to enhance value addition in Uganda’s coffee sector and expand
President Museveni has declared Uganda’s readiness to re-engage with Western powers, months after facing sanctions over the country’s controversial anti-homosexuality law.Speaking at a leadership forum at Munyonyo about recently, Mr Museveni revisited the fallout from the 2023 passage
President Museveni has arrived in Juba, South Sudan, on a working visit at the invitation of President Salva Kiir Mayardit.The two leaders are set to discuss strengthening bilateral relations and enhancing cooperation between their nations.Museveni’s visit comes at a critical time
Uganda has taken a major step in its oil sector after signing an agreement with Alpha MBM Investments LLC, a company based in the United Arab Emirates (UAE), for the construction of a crude oil refinery in Hoima District.
University students have expressed concerns about the global rise of artificial intelligence (AI), fearing it could worsen the already high unemployment rates in Africa. They argue that with unemployment already rampant, the spread of AI may push more graduates into joblessness. Du
Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uganda Mbale Industrial Park. The 619-acre park, which was commissioned in 2018, currently grosses an investment portfoli
