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Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h

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Ugandans go for African contracts as first oil drop nears

Ugandans go for African contracts as first oil drop nears

The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).

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Moroto: Uganda Moves to Cut Clinker Importation as Museveni Commissions Yaobai Factory

Moroto: Uganda Moves to Cut Clinker Importation as Museveni Commissions Yaobai Factory

President Yoweri Kaguta Museveni, in the company of the Former Prime Minister of Ethiopia, H.E Hailemariam Desalegn Boshe, has today presided over the commissioning of Phase One of a 6,000-tonne cement clinker production line by Yaobai Cement. The facility is located in Nanduget , Moroto District

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Amongi Slams Aceng’s Witchcraft Remarks

Amongi Slams Aceng’s Witchcraft Remarks

Gender Minister Betty Amongi has hit back at Health Minister Jane Ruth Aceng over allegations of witchcraft in the Lira City Woman MP race, escalating a political feud marked by claims of electoral interference, misuse of security forces, and deepening divisions within Lango’s leadership.

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Parliament passes Lotteries and Gaming Bill introducing 30% tax, targets Shs24b annual revenue

Parliament passes Lotteries and Gaming Bill introducing 30% tax, targets Shs24b annual revenue

Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State

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Museveni orders Finance Ministry to fast-track Bwindi Roads deal with DOTT Services

Museveni orders Finance Ministry to fast-track Bwindi Roads deal with DOTT Services

Kampala, Uganda: President Yoweri Kaguta Museveni has directed the Ministry of Finance to expedite the signing of a commercial contract with DOTT Services as part of a renewed push to fix the long-delayed roads to Bwindi Impenetrable National Park.In a February 17, 2026, letter seen by thi

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Anita Among Invites CDF Muhoozi to Lecture MPs on Security Cooperation

Anita Among Invites CDF Muhoozi to Lecture MPs on Security Cooperation

Speaker of Parliament Anita Among has invited Chief of Defence Forces General Muhoozi Kainerugaba to address Members of Parliament on how the legislature can strengthen collaboration with security agencies.Speaking on Thursday evening in Kampala, Among addressed Michael Nuwagira, popularly

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Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and working abroad.In a sitting Thursday presided over by Speaker Anita Among, lawmakers also rejected a government proposa

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Parliament Passes National Teachers Bill Without Degree Requirement — But Teachers Who Violate Standards Now Face Five Years In Jail

Parliament Passes National Teachers Bill Without Degree Requirement — But Teachers Who Violate Standards Now Face Five Years In Jail

Parliament has passed the National Teachers Bill after removing one of its most contentious provisions — a clause that would have made a bachelor’s degree in education a mandatory requirement for registration as a teacher in Uganda.The decision, reached after heated debate in the House

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Budget Revised to Shs84.39tn After Last-Minute Corrections

Budget Revised to Shs84.39tn After Last-Minute Corrections

A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen

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