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MPs divided over new UGX 84.3 trillion national budget

MPs divided over new UGX 84.3 trillion national budget

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

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Govt Allocates Shs2.26 Trillion to Agro-Industrialisation in Largest-Ever Agriculture Investment

Govt Allocates Shs2.26 Trillion to Agro-Industrialisation in Largest-Ever Agriculture Investment

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

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Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

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

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Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

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

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First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as

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Sanjay Tanna Makes History as First Ugandan of Asian Origin Appointed to Cabinet Since 1967

Sanjay Tanna Makes History as First Ugandan of Asian Origin Appointed to Cabinet Since 1967

KAMPALA, Uganda – June 8, 2026: Uganda has marked a significant moment in its political history with the swearing-in of Hon. Sanjay Tanna as Minister of Trade, Industry and Cooperatives, making him the first Ugandan of Asian origin to serve as a substantive Cabinet minister since Shafic Arain h

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Museveni to outline vision for 7th term in State of Nation Address

Museveni to outline vision for 7th term in State of Nation Address

When President Museveni delivers the State of the Nation Address on Thursay, Ugandans will be listening keenly for the direction he plans to steer the nation in the first year of his seventh term. The SONA is a constitutional mandate under Article 101 (1), delivered at the beginning of eac

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FY 2026/27 National Budget Reading Set for June 11

FY 2026/27 National Budget Reading Set for June 11

KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in

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Uganda’s Pineapple Farmers Break into Global Markets

Uganda’s Pineapple Farmers Break into Global Markets

On 14 May 2026, Uganda marked a historic milestone by flagging-off the inaugural export of 104 metric tonnes of canned pineapple from Deshiburg Factory to ChinaWhen pineapples ripened all at once in Luwero, it often brought anxiety instead of celebration.For pineapple farmer Ms. Jan

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Uganda Exports First Consignment of Chilled Cut Meat to Saudi Arabia

Uganda Exports First Consignment of Chilled Cut Meat to Saudi Arabia

Uganda has exported its first consignment of chilled cut meat packed in cartons to Saudi Arabia, marking a major step in value addition and the country’s growing capacity to meet international meat export standards.Uganda has successfully exported its first consignment of chilled cut mea

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