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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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Govt targets to triple tourism arrivals to 3.8 million in 10 years

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of government’s legal instruments, strategies, and plans for developing the tourism sector, indicates that in the 10 years

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Ford Raptor: The king of off-road performance

Ford Raptor: The king of off-road performance

When you look at the Ford Ranger Raptor from the outside, one of the things you will notice is its wide body. The Ford Raptor has a built-in Ford engineering performance that sets it apart from the other Ford pick-up trucks. This, David Mukiibi, a car dealer, says partly explains why the Rap

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Minister Kasaija stresses peace as key to tourism growth

Minister Kasaija stresses peace as key to tourism growth

The Minister of Finance, Planning and Economic Development, Mr Matia Kasaija, has urged Ugandans to maintain peace and security to enhance the country’s tourism industry. Uganda recently witnessed a series of demonstrations by citizens dissatisfied with service delivery and high levels

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Top 100 mid-sized firms urged to embrace digital transformation

Top 100 mid-sized firms urged to embrace digital transformation

Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G

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Japan grants Shs1.3b to boost Uganda’s health services

Japan grants Shs1.3b to boost Uganda’s health services

The Embassy of Japan on Thursday gave Uganda a grant of more than Shs1.3 billion to strengthen her emergency and disaster prevention systems. The funding is being availed under the Grassroots Human Security Projects (GGP), a scheme administered by the Embassy of Japan to support commu

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Mao calls for improved democracy, urges Ugandans to drive change

Mao calls for improved democracy, urges Ugandans to drive change

Justice and Constitutional Affairs minister, Mr Nobert Mao, has warned that the state of democracy in Uganda is unsatisfactory and called on citizens to demand for better. Mr Mao made the comments yesterday at an event to mark the International Day of Democracy hosted by the Swedish emba

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Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu

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Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom

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Activists push for non-custodial alternatives for minor offenses

Activists push for non-custodial alternatives for minor offenses

Human rights activists have called for the implementation of non-custodial sentences to address Uganda’s prison congestion. The Commissioner of Prisons, Mr Apollo Baker Asinga, noted that between 2014 and 2015, the total prison population was about 42,619, but this number has since inc

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