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Foreign reserves fall to all time low

Foreign reserves fall to all time low

High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa

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Govt pushes for mercury free options for artisanal miners

Govt pushes for mercury free options for artisanal miners

The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment.  Speaking duri

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High yielding jackfruit give hope to farmers

High yielding jackfruit give hope to farmers

Jackfruit, whose scientific name is Artocarpus heterophyllus Lam, has potential to reduce food and nutrition insecurity for both rural and urban communities in various parts of the world. Studies have shown that jackfruit is rich in both macro and micronutrients including carbohydrates,

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Govt pushes for mercury free options for artisanal miners

Govt pushes for mercury free options for artisanal miners

The government has renewed its call to phase out the use of mercury among Artisanal and Small-Scale Gold Miners (ASGM), citing severe health risks and environmental pollution. Phiona Nyamutoro, Minister of State for Energy and Mineral Development (Minerals), emphasized the urgency of thi

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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

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Uganda unveils 600MW Karuma Hydropower Plant

Uganda unveils 600MW Karuma Hydropower Plant

A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B

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Government Loses Over Shs 1 Billion in Karamoja Stone Dealer Royalties

Government Loses Over Shs 1 Billion in Karamoja Stone Dealer Royalties

Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r

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KCCA to get new directors in three months - Museveni

KCCA to get new directors in three months - Museveni

President Museveni has fired Kampala Capital City Authority (KCCA) executive director Dorothy Kisaka,  her deputy Eng David Luyimbazi and the director of Public Health Dr Daniel Okello over Kiteezi landfill collapse that left 35 people dead and several others missing. “In a decisive

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Tayebwa lauds China for boosting Uganda’s economy

Tayebwa lauds China for boosting Uganda’s economy

The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countries have continued to enjoy and consolidate the good relations in diverse fields, including political, technical, invest

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Focus on oil and gas development will be key priority in 2025/26 budget

Focus on oil and gas development will be key priority in 2025/26 budget

The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m

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