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...
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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...
Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion
Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis...
Museveni to outline vision for 7th term in State of Nation Address
When President Museveni delivers the State of the Nation Address on Thursay, Ugandans will be listening keenly for the direction he plans to steer the nation in the first...
Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax...
Govt to save Shs24b in holiday spending cuts
The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the...
Speaker budget grows seven times over six years
Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLET...
UCC Report: Mobile Money active users hit 36.7 million as Ugandans transact Shs2.37 billion in three months
More Ugandans are using mobile money, but telecom companies earned less in the first three months of 2026.New figures from the Uganda Communications Commission, using dat...
AfDB Agrees To Lend Uganda UGX2.4 Trillion For Malaba-Kampala SGR Construction
The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn)...