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Focus on oil and gas development will be key priority in 2025/26 budget

Focus on oil and gas development will be key priority in 2025/26 budget

The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m

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Govt targets to triple tourism arrivals to 3.8 million in 10 years

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of government’s legal instruments, strategies, and plans for developing the tourism sector, indicates that in the 10 years

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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Continue engaging youth on internet governance

Continue engaging youth on internet governance

The 11the edition of the East Africa Internet Governance Forum (EAIGF) finally took place at Kampala Serena Hotel under the theme Building our Multi-stakeholder Digital Future for East Africa. The EAIGF brings together East African stakeholders to build a common understanding of East Afr

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Minister Kasaija stresses peace as key to tourism growth

Minister Kasaija stresses peace as key to tourism growth

The Minister of Finance, Planning and Economic Development, Mr Matia Kasaija, has urged Ugandans to maintain peace and security to enhance the country’s tourism industry. Uganda recently witnessed a series of demonstrations by citizens dissatisfied with service delivery and high levels

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Kadondi eager to better herself in Nottingham Forest

Kadondi eager to better herself in Nottingham Forest

She Cranes defender Faridah Kadondi will cherish her moments at new English Super Netball League outfit Nottingham Forest when the 2025 – 2026 season starts but her focus remains on growing and bettering her skills. Kandondi surprised many after being included on the Nottingham Fores

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Defying norms: Nakasongola women take to the waters

Defying norms: Nakasongola women take to the waters

It is a cloudy day over Lake Kyoga. At midday, four women, oars slung over their shoulders, slowly walk through Zengebe Mayinja Landing Site, making their way to the lakeshore. The landing site is one of the six found in Lwampanga Town Council in Nakasongola District.  The women are all

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Top 100 mid-sized firms urged to embrace digital transformation

Top 100 mid-sized firms urged to embrace digital transformation

Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G

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Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu

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Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom

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