Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
This yearâs Independence Day, celebrated yesterday, is more special than usual. Although the British declared Buganda a protectorate of the crown in 1894, it was not until the defeat of Omukama Kabalega of Bunyoro in 1899 that a tipping point in the subjugation of the existing pre-colon
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
The executive director of the Uganda Bureau of Statistics (UBOS), Dr. Chris Mukiza, has firmly rejected calls for his resignation following the release of the 2024 National Population and Housing Census report, which contained several errors. Speaking at a breakfast meeting with journalists and medi
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
President Museveni has guaranteed to give Shs 2 billion to the Savings and Credit Cooperative Organisation (SACCO) of the womenâs council affiliated to the Uganda Muslim Supreme Council (UMSC), the governing body of Muslims in the country. The money is geared towards backing the eco
The Opposition Forum for Democratic Change (FDC) has rubbished the recently released 2024 National Population and Housing Census report, calling for a repeat of the entire exercise. The party deputy secretary for publicity, Mr Warid Lubega Mulindwa, said the report released by Uganda Bur
