Business •
11 Jun '26
Former Kira Municipality Member of Parliament Ssemujju Nganda has sharply criticised the newly presented Uganda national budget, questioning what he describes as misplaced priorities in government spending allocations.His remarks come shortly after the presentation of the Shs84.3 trillion
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 •
02 Jun '26
The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex
Business •
23 Apr '26
A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen
Business •
22 Apr '26
Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law the External Trade Amendment Bill, 2026. Parliament yesterday passed the Bill that will see the prices of used clothes g
Business •
18 Apr '26
Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report
Business •
28 Mar '26
The government has unveiled a proposed UGX84.2 trillion national budget for the Financial Year 2026/2027, with projected domestic revenue of UGX44.5 trillion, as part of efforts to boost service delivery and economic growth.Speaking to journalists at Parliament on Friday, the State Ministe
Business •
17 Jun '25
The salary differences in government secondary schools between arts (humanities) and science teachers since 2022 have been a bone of contention between government science and arts teachers.Since June 06, arts teachers have been on strike
Business •
27 Jan '24
The Budget Committee of Parliament has recommended allocating Shs288 billion for the renovation of Mandela National Stadium also known as Namboole in preparation for the Africa Cup of Nations (AFCON) in 2027.The committee also proposed the phased provision of funds for the construction of