Uganda says to trim debt issuance by 21% in 2026/27 FY
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of c...
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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loa...
Uganda Coffee Exports Hit 8.4m Bags Worth Shs8.2Trillion in 12 Months
Uganda’s coffee industry is on a record-breaking trajectory, with exports reaching 8.4 million 60-kilogram bags, valued at UGX 8.2 trillion (US$ 2.4 billion) over the 1...
Japan issues megaquake warning as government says '98-foot tsunami' could wreak havoc.
Japan has issued a megaquake advisory after Monday's 7.6-magnitude earthquake struck off the nation's eastern coastJapan's Prime Minister Sanae Takaichi speaks to reporte...
Poor legacy assets drag down PIC unlisted investment impairments
Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments...
New Digital Creators Summit to Boost Creative Economy
Stanbic Bank Uganda, in partnership with the Uganda Communications Commission (UCC), ONGEA Africa and the Uganda Digital Society, has launched the Stanbic Ongea Digital C...
Uganda–Qatar Embassy Hosts Successful Diaspora Convention in Doha
The Embassy of the Republic of Uganda in Doha successfully hosted the 2025 Uganda–Qatar Diaspora Convention on November 28, drawing hundreds of Ugandan migrant workers...
Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fig...
Uganda Coffee Exports Hit Record 8.2m Bags Worth $2.3bn
Uganda’s coffee sector has posted its strongest performance in history, with exports for the Coffee Year 2024/2025 soaring to 8.2 million 60kg bags, earning the country...
RDC’s to Bag Shs9M Monthly Salaries.
Government has moved to raise salaries of Resident District Commissioners (RDCs) to Shs9million from the current 2.2 million shillings per month.Uganda currently has a to...