Gold and coffee exports hit record highs amid global donor funding cuts
Uganda reports a record $6.5 billion in coffee and gold export earnings for 2025, providing a vital economic boost as the country faces significant cuts in global donor f...
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Government Sets Stage for Transparent Mineral Trade at Ntungamo New Market Centre
Ntungamo—On Friday 19th, the Ministry of Energy and Mineral Development under the Government of Uganda hosted a high-profile Mineral Markets Sensitization Workshop at t...
Uganda: Just 41 MPs Approve Shs9tn Loan Blitz
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan reques...
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...
Uganda Moves to Buy Stake in Kenya Oil Pipeline
KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently hand...
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...
NATO state accuses China of ‘massively’ financing Russia
Finland has said that the two countries’ cooperation is a growing challenge for the US-led military blocFinland has accused China of supporting Russia in the Ukraine co...
Russian economic meltdown as 7,000 companies face bankruptcy.
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high inter...
Sacked VP Bol Mel Accused of Plundering South Sudan’s Oil Wealth – UN
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United...
Uganda’s rising debt, shrinking lives
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, p...