Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
03 May '26
Ministers Monica Musenero (L) and Katumba Wamala (R) flagging off an electric bus for Kampala at Kololo on Saturday. PHOTO | MIKE SEBALUThe government will on Thursday officially introduce electric buses across different routes within Kampala City, the Ministry of Science and Technology a
Business •
02 May '26
While the issue of increasing university enrollment and relevance of academic programs or courses has been ongoing, little action has been taken.Museveni used his address at the Labour Day celebrations in Buikwe District on May 01 to give his views and express l concerns about the widenin
Business •
02 May '26
The Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, has named Ms Stella-Marie Biwaga as interim Board chairperson for Uganda Electricity Distribution Company Limited (UEDCL), replacing Ms Lydia Ochieng-Obbo, whose contract was terminated.In the Saturday statement, Ms Nankab
Business •
02 May '26
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday
Business •
01 May '26
President Museveni on Friday questioned the relevance of some university courses to Uganda’s labour market, urging young people to rethink career paths and pivot toward practical skills and job creation.Speaking during Labour Day celebrations in Buikwe District, Museveni criticized what
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
26 Apr '26
President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a neglected region right from colonial rule, had no single factory, no tarmac road, no electricity, and its communication
Business •
25 Apr '26
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke
Business •
25 Apr '26
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h