Search Results

Uganda Shilling rebounds as government eyes oil-era forex inflows

Uganda Shilling rebounds as government eyes oil-era forex inflows

Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged

Ultimate Uganda

Salary Increment Promise: Museveni Breaks RDCs’ Hearts (See Details)

Salary Increment Promise: Museveni Breaks RDCs’ Hearts (See Details)

MuseveniKAMPALA, Uganda — For months, Resident District Commissioners (RDCs), their deputies and assistants across Uganda had looked forward to what many considered a long-overdue reward: a substantial salary enhancement that government officials and parliamentary committees had publicly

Ultimate Uganda

Government distributes fertiliser, drones to smallholder farmers under Feed Ghana Programme

Government distributes fertiliser, drones to smallholder farmers under Feed Ghana Programme

Government has commenced the distribution of 40,000 bags of fertiliser to peasant farmers across the country to boost agricultural productivity, increase crop yields and strengthen national food security.The exercise, which begins today, June 16, forms part of the government’s Feed Ghana

Ultimate Uganda

Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20

Ultimate Uganda

Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g

Ultimate Uganda

Auditor General Pins IRA Boss Kaddunabbi Over UGX 181M Irregular Payments, Questionable Hiring

Auditor General Pins IRA Boss Kaddunabbi Over UGX 181M Irregular Payments, Questionable Hiring

special forensic investigation by the Auditor General has severely faulted the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Ibrahim Kaddunabbi Lubega, over a string of blatant financial and administrative irregularities.A special forensic investigation by the Audito

Ultimate Uganda

Opinion: Third assassination attempt against Trump and a politics that could tear the US apart

Opinion: Third assassination attempt against Trump and a politics that could tear the US apart

Domestically, his tenure has been unsettled by the Epstein saga, which has revived questions of impeachment. His approval ratings have fallen to a historic low of 38 per cent.There is nothing new about political violence in the United States. But in its current form, it is more concerning

Ultimate Uganda

Election period didn’t destabilise economy, says Finance ministry

Election period didn’t destabilise economy, says Finance ministry

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

Ultimate Uganda

Bank of Uganda to Hold Kabale Townhall on Economy, Financial Inclusion

Bank of Uganda to Hold Kabale Townhall on Economy, Financial Inclusion

The Bank of Uganda will hold a public townhall meeting in Kabale Municipality aimed at increasing awareness about the economy, financial services and opportunities for business and agricultural financing in the Kigezi sub-region.Bank of Uganda is set to meet residents and stakeholders in K

Ultimate Uganda

Britain Must Confront Its Past and Rethink Its Role in Africa

Britain Must Confront Its Past and Rethink Its Role in Africa

Uganda provides a modern case study of these tensions. During recent electoral cycles, figures such as Bobi Wine drew international attention, with Western governments including the UK voicing concerns over human rights and electoral conduct.The story of Britain’s global rise cannot be t

Ultimate Uganda