Business •
29 Mar '26
The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has revealed that the Uganda Revenue Authority (URA) is expected to collect Shs 44.5 billion in taxes to support a proposed Shs 84.209 trillion national budget for the 2026/27 financial year.Musasizi also
Business •
27 Mar '26
US President Donald Trump claims US forces have destroyed Iran’s missile and drone stockpiles. But since the first days of the war the Iranian Revolutionary Guard Corps (IRGC) triggered its Decentralized Mosaic Defence doctrine (DMD) and hidden its weapons deep inside solid granite mountains th
Business •
28 Feb '26
It was a tense May evening in 2011 at State House Entebbe. Just days after his grand swearing-in ceremony at Kololo, Uganda’s long-serving leader, Yoweri Kaguta Museveni, sat down for his first major interview. The gardens were glowing under floodlights, but politically, the atmosphere was anyt
Business •
13 Feb '26
Kampala — The Buganda Road Chief Magistrate’s Court has remanded a man accused of forging an appointment letter purportedly signed by President Yoweri Museveni to secure the position of Managing Director of the Uganda Railways Corporation (URC).According to a statement released by the
Business •
12 Feb '26
A man accused of forging a presidential appointment letter and fraudulently obtaining more than UGX 20 million has been arraigned before the Buganda Road Chief Magistrate’s Court.Arinda Nicholas was on Wednesday jointly presented in court by the State House Anti-Corruption Unit, the Crim
Business •
04 Feb '26
A massive sinkhole and persistent flooding in Namanve Industrial Park’s South ‘C’ Estate have disrupted transport and business operations, angering investors and triggering renewed criticism of the Uganda Investment Authority (UIA) and its infrastructure developer, Lagan Dott, over what has
Business •
03 Feb '26
Uganda’s Ministry of Works and Transport unveils a major 2026 infrastructure plan featuring road rehabilitations, railway upgrades, and water transport projects.KAMPALA, Uganda — The Ministry of Works and Transport has unveiled a massive infrastructure plan for 2026, targeting the reha
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30 Jan '26
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Business •
10 Jan '26
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
Business •
22 Dec '25
Former Energy Minister Daudi Migereko takes over as chairman of the Uganda Railways Corp. board, facing the challenge of reviving a national asset plagued by decades of decay and land grabbing.KAMPALA, Uganda — Former Energy Minister Daudi Migereko has taken over as chairman of the Ugand