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...
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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 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...
Sanjay Tanna Makes History as First Ugandan of Asian Origin Appointed to Cabinet Since 1967
KAMPALA, Uganda – June 8, 2026: Uganda has marked a significant moment in its political history with the swearing-in of Hon. Sanjay Tanna as Minister of Trade, Ind...
Fearless Female Ambassador Messes Up Gen M7, Goobi’s Shs600bn Commercial Diplomacy Strategy, Dares PS Bagiire to Fire Her if He Has Balls
Even after deploying his blue-eyed boy Vincent Bagire there, President Museveni’s attitude towards civil servants working under the Foreign Affairs Ministry (MoFA)...
Fuel tankers must get off roads once oil pipeline is complete – Museveni
Kampala, Uganda: President Yoweri Museveni has renewed a push to move petroleum transportation off Uganda’s roads and into pipelines, a strategy that could dramati...
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...
BoU limits daily cash withdrawals for individuals to Shs50m
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to resh...