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Trade Minister Tanna Promises Review of Tax Concerns Raised by Manufacturers

Trade Minister Tanna Promises Review of Tax Concerns Raised by Manufacturers

Minister of Trade, Industry and Cooperatives Sanjay Tanna has pledged to engage manufacturers and review concerns over proposed tax measures, assuring investors that government remains open to dialogue ahead of the new financial year.Tanna made the remarks during a meeting hosted by the St

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Uganda budget: 199 oil wells drilled as country nears first oil

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the

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Oil pipeline layoffs signal job cuts surge in sector

Oil pipeline layoffs signal job cuts surge in sector

As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked claims of discrimination amid claims of retention of majorly expatriat

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Cristiano Ronaldo 'will not help Portugal' at World Cup as Bruno Fernandes warning issued

Cristiano Ronaldo 'will not help Portugal' at World Cup as Bruno Fernandes warning issued

Cristiano Ronaldo "dominating the whole team" will hamper Portugal at the World Cup, according to John Barnes, who feels his presence and stature could impact on their other players.The Al-Nassr forward is playing at his sixth World Cup this summer at the age of 41 and is still integral to

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Masaka taxi driver wins trip to watch Chelsea live at Stamford Bridge

Masaka taxi driver wins trip to watch Chelsea live at Stamford Bridge

A 29-year-old taxi driver from Masaka has won an all-expenses-paid trip to London to watch Chelsea FC through a Predator Energy promotion.A taxi driver from Nyendo in Masaka District is set for the football experience of a lifetime after winning an all-expenses-paid trip to London to watch

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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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Museveni Salary: How Much Uganda’s President Earns Every Month and How He Spends It

Museveni Salary: How Much Uganda’s President Earns Every Month and How He Spends It

For many Ugandans, it would seem natural to expect the President to be among the highest-paid public servants, given the immense responsibilities that come with leading the country, overseeing national security, directing government policy and representing Uganda on the international stage.

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