Business •
02 Jun '26
The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex
Business •
02 Jun '26
Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLEThe budget of Parliament has within six years doubled to Shs1.2 trillion, despite the number of elected members of the Ho
Business •
01 Jun '26
The Office of the Prime Minister (OPM) has commenced the disbursement of Shs2.8 billion under the long-awaited Shs80 billion national cattle restocking programme. However, the intervention has faced immediate scrutiny, with critics and local leaders describing it as a "drop in the ocean" g
Business •
18 May '26
Kampala, Uganda: Members of the NRM Revolutionary Network (NRN) have publicly called on President Yoweri Kaguta Museveni to appoint the First Son and Chief of Defence Forces, Gen Muhoozi Kainerugaba, as Uganda’s next Vice President, arguing that the move would guarantee stability, continuity an
Business •
13 May '26
There is a silent frustration growing among Ugandan employees. Not because people do not want to pay taxes.Most salaried workers already understand that taxation is part of nation-building. Every month, Pay As You Earn (PAYE) is deducted before salaries even hit bank accounts. Employees ha
Business •
09 May '26
Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan national, worked as an account manager at a top Beverly Hills firm, which handles the financial and business affairs of elite celebri
Business •
07 May '26
President Museveni waves to supporters as he and First Lady arrive at Kololo Independence Grounds for his nomination rally on September 23, 2025.More than 10,200 leaders of the ruling National Resistance Movement (NRM) have been invited to attend the May 12 swearing-in ceremony of Presiden
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
05 May '26
man often meets his destiny on the road he took to avoid it,” the French poet Jean de La Fontaine famously said. The idea is that, despite one’s best efforts to avoid a certain path in life, they end up facing it anyway.That pretty much sums up Paul Mwesigwa’s one-year tenure as Mana
Business •
01 May '26
Government through the Ministry of Lands, Housing, and Urban Development (MLHUD), is pushing for suspension of conversion of government land from leasehold to freehold tenure.The revelation comes after Uganda Land Commission (ULC) chairperson Prof. Nyeko Pen-Mogi sounded an alarm to the la