Lawmakers are demanding the revival of the Rural Electrification Agency, arguing that electricity access in rural Uganda has slowed since its dissolution, even as government insists restructuring would delay progress and worsen existing funding constraints.Members of Parliament have called
State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Committee on Finance.Uganda is set to make history in the 2026/27 financial year with expected oil revenues surpassing Shs2.2 t
The Uganda Peoples’ Defence Forces (UPDF) has carried out a one-day free medical outreach in Kamwokya, Kampala, as part of activities leading up to International Women’s Day celebrations on March 8, 2026, at Kololo Ceremonial Grounds.The medical camp, held at KCCA Primary School Kamwok
UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ
Uganda has imposed immediate restrictions on the importation and customs clearance of Starlink satellite internet equipment and related communication devices, according to an internal memorandum issued by the Uganda Revenue Authority (URA).In a notice dated Dec. 19 and addressed to all cus
Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Uganda Revenue Authority has issued an immediate restriction on the importation and clearance of Starlink satellite internet equipment, tightening controls around the fast-growing technology amid security considerations. In an internal memo dated 19th December 2025, the Commissioner of the
Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had bee
A newly chartered Rotary club in Kampala has pledged to build a state-of-the-art hospital named after Rotary District Governor Christine Kawooya Kyeyune, as a tribute to her exemplary leadership and service to community health.Speaking at the official chartering of the Rotary Club of Muyen
