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 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
The new scheme, introduced by the Agencia de Recaudación y Control Aduanero (ARCA) replaces the previous paper-based process with an end-to-end digital platform aimed at reducing bureaucracy, speeding up refunds and improving transaction traceability.Under the new system, foreign tourists
The Uganda Wildlife Authority has arrested three suspects in Kiruhura District over the alleged poisoning of seven hyenas in Lake Mburo National Park, with investigations ongoing into a case that has raised alarm among conservationists over rising wildlife crime and its impact on protected ecosys
Kampala: Former Permanent Secretary in the Ministry of Trade, Industry and Cooperatives, Ms Geraldine Ssali Busuulwa, could receive a major boost in her ongoing legal troubles following reports that President Yoweri Museveni has directed intelligence agencies to undertake a fresh review of the ci
Social media has in recent days been awash with claims that the Confederation of African Football (CAF) rejected Hoima City Stadium, one of Uganda’s flagship infrastructure projects ahead of the 2027 Africa Cup of Nations (AFCON).The reports, which were widely shared across multiple soci
Ugandan members of Parliament are divided over the new 84.3 trillion shilling national budget for the 2026-2027 financial year, with ruling party lawmakers praising its infrastructure funding and the opposition warning of a heavy tax burden.KAMPALA, Uganda — Lawmakers are divided over th
KYANKWANZI — Vice President Jessica Alupo and Prime Minister Robinah Nabbanja have challenged Cabinet Ministers to uphold accountability, discipline and efficiency, warning that there will be no room for corruption, complacency or delays in implementing government programmes.Speaking dur
