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11 Jun '26
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
Business •
11 Jun '26
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
Business •
11 Jun '26
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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11 Jun '26
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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11 Jun '26
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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11 Jun '26
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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11 Jun '26
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
Business •
11 Jun '26
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
Business •
11 Jun '26
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
Business •
09 Jun '26
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.