The directive, issued by President Yoweri Kaguta Museveni, places the investigation into alleged corruption, unexplained wealth, and procurement irregularities at the center of what has now evolved into a high-stakes political and institutional inquiry affecting Parliament and its leadership circ
Uganda is preparing to issue its first sovereign sukuk as part of efforts to finance the construction of a standard gauge railway (SGR) linking Kampala to the Kenyan border town of Malaba, marking the country’s entry into Islamic capital markets, Ecofin Agency reports.The Ministry of Fin
Construction of the Bukasa–Sentema–Kakiri road has reached 44.5 percent completion, surpassing targets, with officials confirming that tarmacking is expected to begin next month under the Greater Kampala Metropolitan Area Urban Development Programme.Construction works on the Bukasa–S
According to the summary of the financial resource envelope for 2026/2027, the budget is expected to be financed through locally raised revenue, central government transfers, external financing, and other transfers.The summary indicates that locally raised revenue remains at shs2,637,558,0
KAMPALA — The Tax Appeals Tribunal has upheld a Uganda Revenue Authority (URA) decision to treat Shs3.16 billion claimed by Java House Coffee Shop Uganda Limited as unsupported shareholder loans and reclassify the money as undeclared income, in a ruling that sharply criticised the company’s r
Authorities have launched enforcement operations to clear the expressway corridor as government pushes ahead with the delayed multibillion-shilling Kampala–Jinja Expressway project.The government has commenced enforcement operations to clear the right of way for the long-awaited Kampalaâ
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
The Ministry of Works and Transport is drafting legislation to introduce accident victim assessors, a new cadre of professionals expected to quantify compensation claims and strengthen accountability for road crashes. Officials say the proposed law will empower assessors, also referred to
Parliament has approved a Shs1.1 trillion Supplementary Expenditure Schedule No.5 for 2025/2026 to cater for the swearing in ceremony of President Yoweri Museveni, preparations for the African Cup of Nations (AFCON) 2027 and elections of local councils, among others. The Minister of State
Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust
