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Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes

Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes

Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke

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Ugandans go for African contracts as first oil drop nears

Ugandans go for African contracts as first oil drop nears

The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).

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BRAVO to President Museveni, Uganda is on track to start exporting refined petroleum

BRAVO to President Museveni, Uganda is on track to start exporting refined petroleum

Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF) last week.We are now ranked as a lower middle income country beside all this Uganda is in the first position in the Ea

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Gov’t Hands Over Vehicles, Motorcycles to Boost Agricultural Extension Under Climate Smart Project

Gov’t Hands Over Vehicles, Motorcycles to Boost Agricultural Extension Under Climate Smart Project

The Government of Uganda has handed over vehicles and motorcycles to districts implementing the Uganda Climate Smart Agricultural Transformation Project (UCSATP), in a move aimed at strengthening extension services and improving service delivery to farmers.The handover ceremony, held at Ko

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Six anti-EACOP protestors arrested in Kampala

Six anti-EACOP protestors arrested in Kampala

Police on Monday arrested six environmental activists who stormed TotalEnergies' offices in Kampala, allegedly to submit a petition against the East African Crude Oil Pipeline (EACOP) project.The petitioners were demanding that the project be stopped and that the company take on and invest

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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 Economy Shows Strong Momentum Despite Shilling Depreciation

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

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M7 New Cabinet Lineup Takes Shape After Kyankwanzi, As Ugandans Count Down to Swearing-In Day 12th May

M7 New Cabinet Lineup Takes Shape After Kyankwanzi, As Ugandans Count Down to Swearing-In Day 12th May

The just-ended NRM MPs Kyankwanzi retreat was infiltrated by more than 50 undercover political operatives and IOs whose duty it was to help gather intrusive personal information about the targeted new MPs’ suitability for inclusion in Cabinet.The information gathered is meant to guide th

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Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a

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Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda said on Thursday it had appointed Citibank to mobilise financing needed to fund the country's planned 2.7 billion ‌euro ($3.19 billion) Standard Gauge Railway (SGR) project.In a post, opens new tab on the X platform, the East African country's finance ministry said Uganda is "in t

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