State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Committee on Finance.Uganda is set to make history in the 2026/27 financial year with expected oil revenues surpassing Shs2.2 t
KAMPALA, Uganda — First Deputy Prime Minister and Minister for East African Community Affairs, Rebecca Kadaga, has called for a ban on Kenyan traders purchasing food directly from farms, accusing them of exploiting Ugandan farmers and perpetuating poverty.Speaking Tuesday during a meetin
The National Oil Palm Project (NOPP), once hailed as a transformative agro-industrial lifeline for Uganda’s rural farmers, is now sinking under the weight of delays, underperformance and questionable management, after the Auditor General’s December 2025 report exposed deep cracks in one of go
A number of legislators have expressed mixed reactions to a government proposal to phase out old taxis from Kampala and other urban roads, as authorities push to improve road safety and modernise public transport.The proposal, which is under discussion by the parliamentary committee on Com
KAMPALA, Uganda — Uganda is hurtling toward a systemic social and economic crisis as a rapidly aging population outpaces a retirement savings framework that currently excludes 16 million workers.While the national pension sector appears robust on paper—with assets surging 21 percent to
If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and Teso.The newly constructed Lake Kyoga ferries docked at Bukungu Landing Site in Buyende ahead of commissioning.B
Rome, Italy — Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, has met the President of the International Fund for Agricultural Development (IFAD), Mr Alvaro Lario, in Rome, Italy, to discuss continued cooperation aimed at improving rural livelihoods and strengt
Makerere University College of Agricultural and Environmental Sciences (CAES) has announced that the National Variety Release Committee has officially approved a new soybean variety developed by the university’s Centre for Soybean Improvement and Development.The newly approved variety, n
