Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged
Mr Tanna said the Ministry of Trade is finalising several policy reforms to strengthen the MSME ecosystem, including the revision of the MSMEs Policy (2015), the Startup Development Policy, which is expected to be submitted to Cabinet soon, and the Business Deve
Uganda has set a target of increasing annual coffee production to 20 million 60-kilogram bags, while simultaneously promoting value addition, specialty coffee production and brand positioning in premium global markets.Brussels, Belgium: Ug
Uganda is investing heavily in transport, oil, aviation, and energy infrastructure to support long-term industrial growth.Mega projects like EACOP, SGR, and oil fields are central to future export earnings and regional trade dominance.Urba
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
KAMPALA, Uganda — The Government of Uganda through the National Water and Sewerage Corporation (NWSC) has unveiled a 14.24 billion shilling water project for Hoima City, aimed at boosting supply ahead of the 2027 Africa Cup of Nations.NWSC Managing Director Dr. Mugisha announced the proj
Vivo Energy's acquisition of a 50% stake in KFC Uganda triggered a tax dispute with URAThe Tax Appeals Tribunal (TAT) has cancelled a Shs 4.24 billion tax assessment imposed on Kuku Foods Uganda, the company behind the KFC franchise in Uganda, following changes in the fast-food firm’s ow
Security experts are warning that inadequate investment in kidnapping investigation skills has left law enforcement agencies exposed, fueling public anxiety as kidnapping cases continue to rise in Uganda. Kampala Metropolitan Police have recorded three high-profile kidnappings over the past two m
The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
The Deputy Commander Land Force, Maj Gen Joseph Ssemwanga, has commended ongoing UPDF infrastructure developments in Masindi and Kakiri, while urging stricter accountability in the use of development funds to ensure timely and quality completion of projects.The Deputy Commander Land Force,
