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Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Thomas MukoyaKAMPALA, Feb 20 (Reuters) – Uganda raised its projected public spending for the 2026/2027 financial year by 12.7% to 78.2 trillion shillings ($21.78 billion), up from an earlier estimate of 69.4 trillion shillings, the finance ministry announced on Friday.In a post on

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Kabalega International Airport 97% Complete as UCAA Board Inspects Works in Hoima

Kabalega International Airport 97% Complete as UCAA Board Inspects Works in Hoima

The Uganda Civil Aviation Authority (UCAA) Board of Directors and Management Team has confirmed that works at Kabalega International Airport in Hoima District have reached 97% completion, following an on-site inspection conducted on Friday, February 12.The inspection team was led by Dr. St

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Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Uganda Touts Private-Sector Financing Gains as It Targets $500 Billion Economy

Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t

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Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor

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Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet

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Uganda: UPDF Denies Witch-Hunt of Bobi Wine

Uganda: UPDF Denies Witch-Hunt of Bobi Wine

The Uganda People's Defence Forces (UPDF) has dismissed allegations that the army is hunting for National Unity Platform (NUP) president and former presidential candidate Robert Kyagulanyi Ssentamu.The denial was issued by the Acting Spokesperson of the Chief of Defence Forces, Col. Chris

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Ugandans to Fund Over UGX 2.3 Trillion for Police Wages by 2030

Ugandans to Fund Over UGX 2.3 Trillion for Police Wages by 2030

Ugandans will be asked to pay more than UGX 2.368 trillion in taxes over the next five years to cover the salaries of officers and staff of the Uganda Police Force (UPF). This revelation came from Aggrey Wunyi, the Undersecretary of the Uganda Police Force, when he appeared before Parliament’s

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Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda — Commercial banks and financial institutions in Uganda approved 1.93 trillion shillings in new credit during October, wi

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Time to hand over power to younger generation - Amama Mbabazi urges

Time to hand over power to younger generation - Amama Mbabazi urges

Speaking yesterday at the annual Tumusiime Mutebile memorial lecture, held at Makerere University in honour of the late Bank of Uganda Governor, Mr Mbabazi framed inter-generational leadership as the "missing link" critically needed for Africa’s transformation.Former Ugandan Prime Minist

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Museveni: Mafabi, Bobi Wine, Munyagwa Pushed for Higher Salaries in Parliament Instead of Roads

Museveni: Mafabi, Bobi Wine, Munyagwa Pushed for Higher Salaries in Parliament Instead of Roads

Museveni arrives to meet NRM leaders at Mbale Secondary School grounds on SundayPresident Museveni has urged the National Resistance Movement (NRM) leaders in Bugisu sub-region to remain steadfast, reject what he described as lies and distortions from opposition politicians, and instead ch

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