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Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g

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First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as

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How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda.Uganda’s oil journey has been defined less by extraction than by

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Sanjay Tanna Makes History as First Ugandan of Asian Origin Appointed to Cabinet Since 1967

Sanjay Tanna Makes History as First Ugandan of Asian Origin Appointed to Cabinet Since 1967

KAMPALA, Uganda – June 8, 2026: Uganda has marked a significant moment in its political history with the swearing-in of Hon. Sanjay Tanna as Minister of Trade, Industry and Cooperatives, making him the first Ugandan of Asian origin to serve as a substantive Cabinet minister since Shafic Arain h

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Mukono puts aside Shs230m for residents maintaining rural access roads

Mukono puts aside Shs230m for residents maintaining rural access roads

Mukono District Deputy Chief Administrative Officer (CAO) Muhumuza (centre) and District Engineer Herbert Lutwama (right) address participants during an engagement at the district headquarters on June 4, 2026. PHOTO/DANIEL M. SSENFUMAMukono District Local Government has allocated Shs230 mi

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Fuel tankers must get off roads once oil pipeline is complete – Museveni

Fuel tankers must get off roads once oil pipeline is complete – Museveni

Kampala, Uganda: President Yoweri Museveni has renewed a push to move petroleum transportation off Uganda’s roads and into pipelines, a strategy that could dramatically reduce the number of fuel tankers on the country’s highways.While delivering his State of the Nation Address at Kolol

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Fish farming emerges as new weapon against poverty in Kibuku

Fish farming emerges as new weapon against poverty in Kibuku

For decades, crop farming has been the backbone of livelihoods in Kibuku District. Yet unpredictable weather patterns, declining soil fertility, pests and fluctuating market prices have continued to frustrate farmers, leaving many households struggling to escape poverty.Now agricultural ex

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Police Hunt Ronnie Mulindwa After Kira Raid Uncovers Suspected Online Exploitation Network

Police Hunt Ronnie Mulindwa After Kira Raid Uncovers Suspected Online Exploitation Network

Some of the suspects arrested during the police raid at a house in Kira Municipality. Inset: Ronnie Mulindwa, who is wanted by police and remains on the run as investigations into the alleged online exploitation network continue.Mulindwa and his associate, Martin Male, are among the key su

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FY 2026/27 National Budget Reading Set for June 11

FY 2026/27 National Budget Reading Set for June 11

KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in

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KCCA Assesses Kiira Motors as Kampala Targets 100 Electric Buses and Mass Transit Expansion

KCCA Assesses Kiira Motors as Kampala Targets 100 Electric Buses and Mass Transit Expansion

Kampala Capital City Authority has begun evaluating Kiira Motors’ production capacity as the city moves to scale up electric bus deployment and lay groundwork for a future Bus Rapid Transit system.Kampala Capital City Authority (KCCA) has begun assessing Kiira Motors Corporation’s capa

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