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Why Uganda must become a permanent member of BRICS

Why Uganda must become a permanent member of BRICS

If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a

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Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Thomas MukoyaKAMPALA, Feb 20 (Reuters) – Uganda raised its projected public spending for the 2026/2027 financial year by 12.7% to 78.2 trillion shillings ($21.78 billion), up from an earlier estimate of 69.4 trillion shillings, the finance ministry announced on Friday.In a post on

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Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

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

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Uganda: Museveni Defends BVV Machines As Key to Credible Polls, Says Technology Closed Opposition's 'Cheating Lifeline'

Uganda: Museveni Defends BVV Machines As Key to Credible Polls, Says Technology Closed Opposition's 'Cheating Lifeline'

President Museveni has strongly defended the use of Biometric Voter Verification (BVV) machines in the recently concluded elections, arguing that the technology curtailed electoral fraud and strengthened transparency, while framing the broader vote within the National Resistance Movement's histor

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In

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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

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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

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Uganda investigates Almohen Trade Ltd over alleged election interference, gold smuggling

Uganda investigates Almohen Trade Ltd over alleged election interference, gold smuggling

KAMPALA, Uganda — Security agencies have launched a massive investigation into a sophisticated gold-smuggling ring allegedly used to funnel untraceable international funds into the 2026 general election, sparking fears of a foreign-backed plot to destabilize the country.At the center of

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Uganda’s moment to build, not beg, the world

Uganda’s moment to build, not beg, the world

There are moments in a nation’s life when an external decision, seemingly adverse, even unfair, forces an uncomfortable but necessary reckoning.The recent tightening of United States visa conditions for Ugandans, including the introduction of substantial visa bonds, is one such moment. I

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Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Ramadan Ggoobi speaking to reporters in Kampala on Friday.The Ministry of Finance has released Shs 16.537 trillion for expenditure in the third quarter of the 2025/26 financial year, with debt repayment and treasury operations taking the largest share.Out of the total release, Shs 7

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