State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Committee on Finance.Uganda is set to make history in the 2026/27 financial year with expected oil revenues surpassing Shs2.2 t
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
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
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
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
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Alebtong — Uganda People’s Congress (UPC) candidate Fred Jalameso has been officially declared the winner of the Ajuri County parliamentary race after securing 16,336 votes, narrowly defeating National Resistance Movement (NRM) flag bearer and Chief Government Whip Denis Obua, who polled 15,5
Gold prices surged beyond $5,000 per ounce for the first time, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies from Europe to Canada.In this year’s first 26 days, the price of gold has jumped 15%, building
In every election cycle, history is summoned to the dock, not as a witness to be questioned, but as an exhibit to be defended. In Uganda’s current political season, President Yoweri Kaguta Museveni’s enduring slogan, “Protecting the Gains,” has re-emerged with renewed force and urgency. I
Elevated government spending coupled with widespread voter bribery and campaign expenditure has resulted in inflation spikes in recent elections, such as the 2011 elections which sparked the famous “walk to work” protests.The Permanent Secretary and Secretary to the Treasury (PSST), Dr
