Business •
01 Apr '26
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
Business •
31 Mar '26
A bombshell Auditor General’s 2025 report has torn through the Uganda Industrial Research Institute (UIRI), exposing a deeply troubling mix of financial mismanagement, weak oversight, stalled innovation programs and outright administrative lapses under the leadership of Executive Director Profe
Business •
28 Mar '26
The latest statistics revealed by UBOS based on the 2024 National Census shows Karamoja subregion remaining outstanding and hard hit by the Multidimensional Poverty.While the National level stands at 27%, Karamoja ranks highest Nationally at 56.9%, followed by West Nile at 39.0% and Sebei
Business •
12 Mar '26
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca
Business •
07 Mar '26
Reader modeBwindi census results bolster Uganda’s status as Africa’s primate capitalugstandard.com2hUganda Tourism Board CEO Juliana Kagwa led British investors on a gorilla trekking excursion in Bwindi to highlight the nation's model of conservation-led economic g
Business •
22 Feb '26
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
Business •
20 Feb '26
Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec
Business •
19 Feb '26
After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli
Business •
16 Feb '26
Dr. Mukisa AyubBusoga Sub-Region has long been recognized as an area of immense potential. With its fertile soils, youthful population, strategic location along the Nile, and vibrant cultural heritage under the Busoga Kingdom, the sub-region should be among Uganda’s most economically dyn
Business •
13 Feb '26
Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t