Nyamutoro appeared before the committee on Tuesday as Parliament concluded the vetting of President Museveni's new Cabinet appointees.State Minister for Minerals Development Fiona Nyamutoro has said members of Parliament's Appointments Committee challenged her about the targets set of her
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s
KAMPALA — In a sweeping bid to plug massive financial leaks and dismantle deeply entrenched syndicates, the Ministry of Finance, Planning, and Economic Development has announced a major procurement reform. Starting July 1, 2026, all Government Ministries, Departments, Agencies (MDAs), and Local
The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn), to finance the 326km Standard Guage Railway project.This followed a commitment given by Dr. Abdul Kamara, Vice Preside
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (
President Museveni is preparing a fresh round of changes in the public service, with several Permanent Secretaries expected to be reassigned or moved as part of a wider effort to align government implementation with the priorities of his newly appointed Cabinet.Highly placed government sou
KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in
His Excellency the President of the Republic of Uganda, Yoweri Kaguta Museveni,I write this open letter at a defining moment in Uganda’s governance journey, following the recent Cabinet reshuffle and swearing-in of ministers. This renewed administrative phase presents an opportunity to r
Government is preparing regulations that will require all electric vehicle (EV) charging stations in Uganda to be licensed and permitted under the Energy Efficiency and Conservation Act, in what officials describe as a major step toward formalising the country’s fast-growing e-mobility sector.
