Business •
04 Feb '26
KAMPALA, Uganda — The government has unveiled an ambitious five-year strategic plan for the Ministry of Local Government, earmarking 2.2 trillion shillings to bolster decentralization and drive more citizens into the formal economy.The plan, which runs from the 2025-26 through the 2029-3
Business •
31 Jan '26
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
Business •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Business •
13 Jan '26
In every election cycle, history is summoned to the dock, not as a witness to be questioned, but as an exhibit to be defended. In Uganda’s current political season, President Yoweri Kaguta Museveni’s enduring slogan, “Protecting the Gains,” has re-emerged with renewed force and urgency. I
Business •
10 Jan '26
Ramadan Ggoobi speaking to reporters in Kampala on Friday.The Ministry of Finance has released Shs 16.537 trillion for expenditure in the third quarter of the 2025/26 financial year, with debt repayment and treasury operations taking the largest share.Out of the total release, Shs 7
Business •
31 Dec '25
ZOMBO — Health authorities in Zombo District have called on political leaders and Members of Parliament to urgently lobby for the extension of national grid electricity to the newly commissioned Amwonyu Health Centre III in Akaa Sub-County, citing the need for reliable power to fully optimize s
Business •
29 Dec '25
A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda — Commercial banks and financial institutions in Uganda approved 1.93 trillion shillings in new credit during October, wi
Business •
23 Dec '25
A Taxpayer Identification Number (TIN) is a unique identifier issued to individuals and businesses for tax purposes. It is a cornerstone of effective tax administration, enabling the Uganda Revenue Authority (URA) to monitor taxpayers and enforce compliance.However, the misuse of TINs by s