The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c
Uganda is still at risk of violent extremism in defence of religion, ideology, and political goals, a new report released on September 18 shows. Violent extremism refers to the beliefs and actions of people who support or use violence to achieve ideological, religious, or political goals
President Museveni has underscored the critical role of peace and security in fostering business success. Addressing participants during the fifth Bi-Annual Private Sector CEO retreat in Kampala on Monday, the President emphasised that the absence of security impedes business operations.
Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t
(Kiryandongo) – The Karuma Bridge will be closed to all traffic for three months starting September 23, according to Uganda’s Minister for Works and Transport, Gen. Edward Katumba Wamala. This closure is part of a major restoration project aimed at enhancing the safety and durability of the brid
(Kampala) – Robert Kyagulanyi, aka Bobi Wine, has thrown down the gauntlet to President Yoweri Museveni. During a press briefing at the National Unity Platform (NUP) headquarters in Kavule on September 16, 2024, Bobi Wine responded to Museveni’s claim that NUP cheated by a cool one millio
The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. âThe macroeconomic environment is not without challenges, with high
A section of election observers in Uganda has asked the government to speed up the process of coming up with a law regulating the commercialization of politics as the 2025/ 2026 general elections draw closer. The executive director of Alliance for Finance Monitoring (ACFIM), Mr Henry Mug
The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said. The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi
