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Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

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Rubondo Urges Rotarians to Act Early as Oil Sector Enters Execution Phase

Rubondo Urges Rotarians to Act Early as Oil Sector Enters Execution Phase

Petroleum Authority Executive Director has urged professionals and entrepreneurs to take immediate advantage of opportunities in Uganda’s oil and gas sector, emphasizing that the country has already entered a critical phase of development.Petroleum Authority Executive Director Ernest Rub

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The Man United star who showed why club were right to sell Garnacho

The Man United star who showed why club were right to sell Garnacho

By the time Alejandro Garnacho made his acrimonious exit from Old Trafford last summer, Manchester United had already signed the man who would take his place on the left side of their attack.At £62.5million, Matheus Cunha only cost a modest amount more than the £40m United banked from Ga

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Parliament Rejects UGX300 Billion Request For Rural Electrification

Parliament Rejects UGX300 Billion Request For Rural Electrification

Parliament has rejected a proposal by the Ministry of Energy and Mineral Development to allocate an additional 300 billion Shillings for rural electrification in the 2026/27 financial year.Presenting the report of the Committee on Natural Resources, Soroti East MP Herbert Ariko urged the g

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Northern bypass works paused ahead of presidential swearing in

Northern bypass works paused ahead of presidential swearing in

Northern Bypass works have been partially completed and temporarily paused to ease traffic ahead of the presidential swearing-in ceremony.Works on the Kampala Northern Bypass will be temporarily paused ahead of the presidential swearing-in ceremony scheduled for May 12, 2026, the Ministry

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From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

Agriculture employs more than 70% of Uganda’s population, but for many households it remains subsistence, low input, low output, and highly exposed to weather and price shocks. Access to financing is still limited, and value addition across most value chains remains underdeveloped.That s

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NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

The ruling National Resistance Movement (NRM) has dismissed claims that its Members of Parliament were each paid Shs100 million following a recent retreat at the National Leadership Institute Kyankwanzi.Reports circulating in the public domain had alleged that NRM-affiliated legislators, a

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Justice Kiryabwire urges internal Auditors to ease court backlog

Justice Kiryabwire urges internal Auditors to ease court backlog

Kampala, Uganda | URN | Justice Geoffrey Kiryabwire of the Court of Appeal and Constitutional Court has urged internal auditors to play a more proactive role in reducing the growing backlog of court cases, warning that unresolved commercial disputes in y in the banking sector are tying up trillio

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79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, ove

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Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report

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