Unlike its approach to Rwanda, Kenya, DR Congo, and Tanzania, the United States has not been intentional in pursuing commercial engagement with Uganda.Different from its neighbours, Uganda is not a direct party to any binding trade agreements with the U.S. and relies on regional arrangemen
UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit
TEHRAN — Iran confirmed Sunday that Supreme Leader Ayatollah Ali Khamenei was killed early Saturday at his office while “performing his assigned duties,” according to state-linked Fars and Tasnim news agencies, marking the most consequential leadership shock in the Islamic Republic’s 47-y
With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to
Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec
39th African Union summitKAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and econo
The Uganda Civil Aviation Authority (UCAA) Board of Directors and Management Team has confirmed that works at Kabalega International Airport in Hoima District have reached 97% completion, following an on-site inspection conducted on Friday, February 12.The inspection team was led by Dr. St
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
While digital tax collections from giants like Apple and Meta have hit 29.5 billion shillings, the Auditor General warns that a lack of independent verification is causing significant revenue leakage.Uganda has successfully collected 29.5 billion shillings from global tech firms, but the c
President Yoweri Museveni has appointed former NSSF managing director Richard Patrick Byarugaba as senior presidential advisor on exports and industrial development, alongside Moses Sabiti.President Yoweri Museveni has appointed former National Social Security Fund (NSSF) managing director
