Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of renting office space for the Uganda Tourism Board, moving to owned facilities to cut costs and boost sector efficiency. Speaki
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold
KAMPALA, Uganda — Security agencies have launched a massive investigation into a sophisticated gold-smuggling ring allegedly used to funnel untraceable international funds into the 2026 general election, sparking fears of a foreign-backed plot to destabilize the country.At the center of
Uganda’s coffee exports soared 38% in October 2025, reaching $185.56 million, driven by robust Robusta and Arabica shipments. Read the full report on top buyers and the $2.4 billion annual earningsKAMPALA, Uganda — President Yoweri Museveni has approved a 572 billion shilling investmen
Kenya has secured its national airspace by procuring the Israeli-made SPYDER air defense system, which empowers the Kenya Defence Forces (KDF) to intercept and destroy hostile aircraft, drones, and tactical missiles.According to The Jerusalem Post, this high-tech acquisition empowers the K
Kampala streets in 1960sUganda’s development story is shaped by two powerful histories.The first is our real, lived past. Before colonialism, Uganda had functioning kingdoms, trade networks and organised communities. This was violently disrupted by European colonization – a clea
When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve
