Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the
Finance Ministry PSST Ramathan Ggoobi identifies the ATMS sectors as the primary engines for Uganda’s economic growth and job creation over the next decade.KAMPALA, Uganda — Legal claims against the Ugandan government have increased sharply over the last three years, reaching 6.45 tril
Speaking on Friday, Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi said government remains committed to enforcing trade order as part of wider economic reforms aimed at creating a more organised business environment.The Government's trade order operations will be expande
Government is set to introduce a major reform in public procurement that will see use of collaborative procurement for common user items in all Ministries, Departments and Agencies (MDAs) as well as Local Governments.According to the PSST Dr. Ramathan Ggoobi, “all Ministries, Departments
KAMPALA — In a sweeping bid to plug massive financial leaks and dismantle deeply entrenched syndicates, the Ministry of Finance, Planning, and Economic Development has announced a major procurement reform. Starting July 1, 2026, all Government Ministries, Departments, Agencies (MDAs), and Local
The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex
KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in
The holidays most likely affected by the new policy are those usually marked with state-led national ceremonies, including Liberation Day, Janani Luwum Day, Women’s Day, Labour Day, Martyrs’ Day, Heroes Day and Independence Day.Uganda will stop spending public money on organising most
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy remained stable during the general election period and in the months that followed, according to the government’s pos
