Mbale traders count millions in losses as late-night fire guts Bugema market
Tragedy struck Bugema in the Industrial City Division of Mbale City on Wednesday night after a fierce fire gutted dozens of kiosks and market stalls, leaving traders and...
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“economic”
Trade Minister Tanna Promises Review of Tax Concerns Raised by Manufacturers
Minister of Trade, Industry and Cooperatives Sanjay Tanna has pledged to engage manufacturers and review concerns over proposed tax measures, assuring investors that gove...
Uganda maintains highest treasury bill rate in East Africa
Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC...
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...
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...
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...
Leader of Opposition, Joel Ssenyonyi Unveils 30-Member Shadow Cabinet
KAMPALA, Uganda — The leader of the opposition in Parliament, Joel Ssenyonyi, has unveiled a 30-member Shadow Cabinet for the 12th Parliament, defending the leaner...
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 Thursd...
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...