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Parliament passes UGX 84.3 trillion budget for next financial year

Parliament passes UGX 84.3 trillion budget for next financial year

Parliament today approved and passed the 84.3 trillion shilling budget for the 2026/27 financial year, aimed at consolidating the NRM government’s achievements and promoting innovation. This comes at a time when national debt has risen, though it remains sustainable. However, the minority repor

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Bank of Uganda launches three-year pilot to buy domestic gold for reserves

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest

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Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic content, welcoming a move that would see the rate rise from Shs1,700 to Shs3,500 per litre.Juliet Namukasa, the chairperson

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Uganda Railways Launches Pilot Passenger Train Service to Ease Kampala Traffic

Uganda Railways Launches Pilot Passenger Train Service to Ease Kampala Traffic

KAMPALA – Uganda Railways Corporation has taken a significant step toward reviving passenger rail transport with the launch of a pilot train service transporting students from Mukono to Kampala, in a move aimed at reducing road congestion and improving commuter safety.The inaugural trip,

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Minister Okello Oryem Meets UN Envoy, Calls for Stronger Conflict Prevention Measures

Minister Okello Oryem Meets UN Envoy, Calls for Stronger Conflict Prevention Measures

Okello Oryem, Minister of State for International Affairs, held a courtesy meeting with Chaloka Beyani, United Nations Under-Secretary-General and Special Adviser on the Prevention of Genocide, at the Ministry of Foreign Affairs.The meeting focused on exchanging views on regional peace and

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Kapelebyong District Receives 350 Bags of Improved Cassava Cuttings to Boost Farming and Livelihoods

Kapelebyong District Receives 350 Bags of Improved Cassava Cuttings to Boost Farming and Livelihoods

Kapelebyong District has received a consignment of 350 bags of improved cassava cuttings from the National Agricultural Research Organization (NARO), in a significant move aimed at enhancing agricultural productivity, strengthening food security, and improving household incomes among farming comm

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From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

Agriculture employs more than 70% of Uganda’s population, but for many households it remains subsistence, low input, low output, and highly exposed to weather and price shocks. Access to financing is still limited, and value addition across most value chains remains underdeveloped.That s

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Justice Kiryabwire urges internal Auditors to ease court backlog

Justice Kiryabwire urges internal Auditors to ease court backlog

Kampala, Uganda | URN | Justice Geoffrey Kiryabwire of the Court of Appeal and Constitutional Court has urged internal auditors to play a more proactive role in reducing the growing backlog of court cases, warning that unresolved commercial disputes in y in the banking sector are tying up trillio

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79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering

FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, ove

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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

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