Business •
09 May '26
The government, through the Ministry of Education and Sports, is considering plans to increase access to tertiary and higher learning through the government scholarship programme.According to the ministry spokesperson, Mr Dennis Mugimba, population dynamics have changed, warranting a need
Business •
09 May '26
According to the summary of the financial resource envelope for 2026/2027, the budget is expected to be financed through locally raised revenue, central government transfers, external financing, and other transfers.The summary indicates that locally raised revenue remains at shs2,637,558,0
Business •
09 May '26
Entebbe International Airport is fully prepared to facilitate the arrival and departure of foreign dignitaries expected for President Yoweri Museveni’s swearing-in ceremony next week, the Uganda Civil Aviation Authority (UCAA) has announced.Speaking on Thursday at the Uganda Media Center
Business •
07 May '26
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Business •
07 May '26
The Green Africa Youth Organisation (GAYO) has intensified efforts to support youth-led waste management innovations in Kampala’s informal settlements as part of broader efforts to advance circular economy solutions and sustainable urban living.Through partnerships with initiatives such
Business •
06 May '26
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
Business •
06 May '26
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
06 May '26
Mbale city residents are smiling after authorities repaired traffic lights along Pallisa road and security lights along Republic Street and Naboa among others, which had been dysfunctional for about five years.In the 2023/24 financial year, Mbale city allocated 8.5 million shillings from l
Business •
06 May '26
Arua City has always been a place of movement. By daybreak—around 6am—its streets pulse with the high tempo of trade: vendors calling out prices, boda-bodas weaving through traffic, children darting between homes and schools, and street vendors oscillating in all directions to make ends meet.