According to the summary of the financial resource envelope for 2026/2027, the budget is expected to be financed through locally raised revenue, central government transfers, external financing, and other transfers.The summary indicates that locally raised revenue remains at shs2,637,558,0
Leaders in Kaberamaido District have raised concerns over poor local revenue collection, warning that overreliance on a single market is hampering service delivery and council operations.Chief Administrative Officer Masokoi Swaliki said the district currently depends heavily on revenue fro
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Lawmakers say unpaid utility bills and taxes at Uganda’s New York mission risk service disconnection and reputational damage abroad.Parliament’s Foreign Affairs Committee has warned that Uganda risks diplomatic embarrassment in the United States if government fails to clear more than S
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
Ipswich Town players are concerned Kieran McKenna may be poached by a Premier League rival after leading them back to the top flight.Following relegation last season, the Tractor Boys secured an immediate return from the Championship under McKenna, who has now won three promotions with the
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Organisation: Petroleum Authority of UgandaDuty Station: Kampala, UgandaAbout Organisation:The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production Act 2013, and in line with the National
Parliament has approved a Shs1.1 trillion Supplementary Expenditure Schedule No.5 for 2025/2026 to cater for the swearing in ceremony of President Yoweri Museveni, preparations for the African Cup of Nations (AFCON) 2027 and elections of local councils, among others. The Minister of State
