Search Results

Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

Ultimate Uganda

PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

Speaking at the official release of the 2025 PLE results, UNEB Board Chair Celestine Obua said the board was determined to reintroduce proposals first tabled in 2021 to reform how PLE results are graded and reported.The Uganda National Examinations Board (UNEB) has renewed plans to abolish

Ultimate Uganda

PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

Speaking at the official release of the 2025 PLE results, UNEB Board Chair Celestine Obua said the board was determined to reintroduce proposals first tabled in 2021 to reform how PLE results are graded and reported.The Uganda National Examinations Board (UNEB) has renewed plans to abolish

Ultimate Uganda

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

Ultimate Uganda

Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said

Ultimate Uganda

Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

Ultimate Uganda

Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

Ultimate Uganda

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

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

Ultimate Uganda

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda.The facility was commissioned by Mbale City De

Ultimate Uganda

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold

Ultimate Uganda