Uganda is preparing to issue its first sovereign sukuk as part of efforts to finance the construction of a standard gauge railway (SGR) linking Kampala to the Kenyan border town of Malaba, marking the country’s entry into Islamic capital markets, Ecofin Agency reports.The Ministry of Fin
The Former Minister of Agriculture, Animal Industry and Fisheries, Frank Tumwebaze, has flagged off Uganda’s inaugural export of canned pineapples to China, describing it as a major breakthrough in the country’s agro-industrialisation drive and export market expansion.Tumwebaze said 10
When Yoweri Kaguta Museveni first emerged from the bush in January 1986, Uganda was exhausted by coups, economic collapse and years of violent political instability.At 41, he looked nothing like the ageing strongmen who dominated African politics at the time. He spoke the language of “fu
Kampala businessman has been arraigned before the Buganda Road Magistrate’s Court over an alleged multi-billion shilling fertilizer fraud that reportedly targeted an international company.The suspect, identified as Muwonge Ibrahim alias Ibra, was jointly arraigned this afternoon by the S
On Saturday at the glamorous event that was held to celebrate the grand opening of Bamus Sarovar Portico hotel along Gaddafy Road, behind Ham Towers Makerere, UBC Deputy MD Maurice Mugisha, who was emceeing at the event, uttered stuff which inadvertently portrayed investments minister Evelyn Anit
More than 500 fishermen from Kalangala District have fled to neighbouring Tanzania with their boats following the strict enforcement of new fisheries regulations on Lake Victoria aimed at curbing illegal fishing, authorities said.The measures, rolled out under the national fisheries enforc
Eng. Joselynne Rwakakooko was appointed the acting managing director of UEDCL, replacing Paul Mwesigwa, and her first move has been to sack the top management in a move seen as done either in panic, office politics or sheer excitement.The ongoing restructuring at the Uganda Electricity Dis
Authorities have launched enforcement operations to clear the expressway corridor as government pushes ahead with the delayed multibillion-shilling Kampala–Jinja Expressway project.The government has commenced enforcement operations to clear the right of way for the long-awaited Kampalaâ
As he marked 13 years in office, Buganda Kingdom Prime Minister (Katikkiro) Charles Peter Mayiga used the milestone to reflect on a tenure shaped by institutional reform, accountability, and difficult moments, including the Kabaka’s illness and resistance to the kingdom’s flagship Etofali cam
President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs to a Presidential Diaspora Commission.This news site understands that, the President is being requested to either create
