US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Vote counting was under way in Mozambique on Thursday after a peaceful national election that is widely expected to see the ruling Frelimo party extend its 49 years in power. Votes are counted first at each polling station and district results expected by Saturday could give an early ind
Residents in Kayunga District have been urged to enjoy the country’s independence while working hard to achieve financial independence in their homes. Speaking during the Ntenjeru North independence celebrations at Kiwangula C/U Primary School in Busaana Sub-county finance state minist
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
The government has identified a Ghanaian investor to address the Kiteezi landfill crisis. The investor, Dr Joseph Sian Agyepong, was officially handed control of the 36-hectare landfill on October 8. This decision follows the tragic August 10 incident in Wakiso District, where a massive
The Ugandan government has entered into a partnership with Ghana’s Jospong Group of Companies to recycle waste that has accumulated at Kiteezi landfill in Wakiso District over the past 28 years. The collaboration aims to address Kampala’s long-standing waste management issues by rehabilitating t
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
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
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
