Business •
23 Jun '26
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. Whether it is railways, roads or hydro-dams, Mr Museveni specifies an expected drop in haulage costs, the internal rate of retu
Business •
23 Jun '26
KAMPALA, Uganda — The Government of Uganda through the National Water and Sewerage Corporation (NWSC) has unveiled a 14.24 billion shilling water project for Hoima City, aimed at boosting supply ahead of the 2027 Africa Cup of Nations.NWSC Managing Director Dr. Mugisha announced the proj
Business •
22 Jun '26
Security experts are warning that inadequate investment in kidnapping investigation skills has left law enforcement agencies exposed, fueling public anxiety as kidnapping cases continue to rise in Uganda. Kampala Metropolitan Police have recorded three high-profile kidnappings over the past two m
Business •
22 Jun '26
The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
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22 Jun '26
high-level Government delegation led by Vice President , Maj. (Rtd.) Jessica Alupo, and the Prime Minister, Robinah Nabbanja, has visited the Kingfisher Development Area in Kikuube District to assess progress towards Uganda’s first oil.The delegation, which included Cabinet Ministers, P
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22 Jun '26
President Yoweri Kaguta Museveni on Monday rallied residents of Kalangala District to vote for National Resistance Movement (NRM) candidate Idah Nabayiga in the forthcoming District Woman Member of Parliament by-election, saying the ruling party remains best placed to advance development in the i
Business •
21 Jun '26
After the January 2026 general elections, where President Yoweri Museveni and the NRM coasted to what was presented as a decisive victory—about 71.65% of the presidential vote—the political mood in Kampala shifted quickly into the language of finality. The opposition appeared spent, scattered
Business •
21 Jun '26
KAMPALA — In a move that has sent shockwaves through Uganda’s power sector, the interim leadership at the Uganda Electricity Distribution Company Limited (UEDCL) has terminated the contracts of seven senior managers, barely weeks after assuming office.The decision, executed on Monday,
Business •
21 Jun '26
KAMPALA – Chief of Defence Forces, Gen Muhoozi Kainerugaba, has once again ignited debate on social media after making a controversial declaration about money, begging, and divine guidance.In a tweet posted on Sunday morning, Gen Muhoozi stated: “There is NO more money on my account. I
Business •
20 Jun '26
If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordinary Ugandans who are either receiving money from a relative abroad, running a small business, or simply trying to save, that d