Minister of Trade, Industry and Cooperatives Sanjay Tanna has pledged to engage manufacturers and review concerns over proposed tax measures, assuring investors that government remains open to dialogue ahead of the new financial year.Tanna made the remarks during a meeting hosted by the St
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the
Former Kira Municipality Member of Parliament Ssemujju Nganda has sharply criticised the newly presented Uganda national budget, questioning what he describes as misplaced priorities in government spending allocations.His remarks come shortly after the presentation of the Shs84.3 trillion
Mateus Fernandes had to personally push through his transfer from Southampton to West Ham last summer - and he may be forced to employ similar tactics if he wants to secure a move to Manchester United.The 21-year-old has been strongly linked with an Old Trafford move this week. Transfer re
Outgoing State Minister for National Guidance, Godfrey Kabbyanga Baluku, has dismissed speculation surrounding his departure from the Ministry of ICT and National Guidance, insisting that he has neither lost his job nor fallen out with his former boss, Dr. Chris Baryomunsi.Speaking during
The Church of Uganda is preparing for a major leadership transition as Archbishop Stephen Kaziimba approaches retirement in August next year.Kaziimba is expected to retire on August 14, 2027, a day before his 65th birthday. His departure will pave the way for the election of the Church of
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
