Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc
Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has said Uganda People’s Defence Forces (UPDF) could withdraw completely from Somalia by the end of 2026 unless urgent and serious discussions address the persistent funding shortfalls for the African Union mission combating Al-Shaba
KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj
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
Uganda’s Ministry of Works and Transport unveils a major 2026 infrastructure plan featuring road rehabilitations, railway upgrades, and water transport projects.KAMPALA, Uganda — The Ministry of Works and Transport has unveiled a massive infrastructure plan for 2026, targeting the reha
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
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
Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of renting office space for the Uganda Tourism Board, moving to owned facilities to cut costs and boost sector efficiency. Speaki
Minister Chris Baryomunsi reveals President Museveni’s plan to fund UBC with UGX 30 billion annually so it can compete with global broadcasters like CNN, BBC and Al Jazeera.President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister BaryomunsiThe Minister of Inf
