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
The new scheme, introduced by the Agencia de Recaudación y Control Aduanero (ARCA) replaces the previous paper-based process with an end-to-end digital platform aimed at reducing bureaucracy, speeding up refunds and improving transaction traceability.Under the new system, foreign tourists
Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the
Ugandan members of Parliament are divided over the new 84.3 trillion shilling national budget for the 2026-2027 financial year, with ruling party lawmakers praising its infrastructure funding and the opposition warning of a heavy tax burden.KAMPALA, Uganda — Lawmakers are divided over th
KYANKWANZI — Vice President Jessica Alupo and Prime Minister Robinah Nabbanja have challenged Cabinet Ministers to uphold accountability, discipline and efficiency, warning that there will be no room for corruption, complacency or delays in implementing government programmes.Speaking dur
The World Bank-funded initiative aims to improve coffee production, strengthen climate resilience and increase household incomes among farmers in Kabale District.KABALE — Coffee farmers in Kabale District have received agricultural inputs worth Shs27 million under a government programme
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the
The government has earmarked Shs2.26 trillion for agro-industrialisation in the 2026/27 financial year, targeting irrigation, value addition, agro-processing and agricultural research as part of efforts to transform Uganda’s agriculture sector into a more commercial and export-driven engine of
Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20
Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g
