Stanbic Uganda boss Karuhanga exits on Shs591bn profit high
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPAL...
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Uganda budget: 199 oil wells drilled as country nears first oil
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has d...
Oil pipeline layoffs signal job cuts surge in sector
As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety...
Money Was There but You Failed! Jacob Oboth Oboth Blasts Predecessors over Stalled Parliament Building, Redirects Speaker’s Office Budget
Oboth Oboth reiterated pledges from his maiden address, declaring “zero tolerance to corruption” and stating, “I have no monies to recover because I didn’t spend...
Kasule Lumumba Directs UCC to Control Radios on Political Content, Orders UBC to Cover Entire Country as She Takes Charge at The Information Ministry
Newly appointed Minister of ICT and National Guidance, Justine Kasule Lumumba, has signaled a tougher government approach toward radio broadcasting and political programm...
Church of Uganda Prepares for Archbishop Kaziimba Succession as Bishop Nears Retirement
The Church of Uganda is preparing for a major leadership transition as Archbishop Stephen Kaziimba approaches retirement in August next year.Kaziimba is expected to retir...
Govt Allocates Shs2.26 Trillion to Agro-Industrialisation in Largest-Ever Agriculture Investment
The government has earmarked Shs2.26 trillion for agro-industrialisation in the 2026/27 financial year, targeting irrigation, value addition, agro-processing and agricult...
Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m
Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a...
Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts
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 in...
First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the...