Kingfisher oil field nears completion
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production...
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Govt seeks Shs36.6b to equip refugees with vocational skills
The government faces a Shs36.6 billion shortfall needed to equip refugee learners with vocational skills, threatening efforts to help them secure jobs and become self-rel...
Why Ugandans can't build good homes
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nab...
74 financial institutions now access NIRA database, says BoU
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) dat...
Work for financial independence in homes, says minister Lugoloobi
Residents in Kayunga District have been urged to enjoy the country’s independence while working hard to achieve financial independence in their homes. Speaking during t...
South Sudan's holdout groups to sign deal next month
The parties to the South Sudan High-Level Mediation in Nairobi, often referred to as the holdout groups, are expected to sign the final agreement in November following th...
Museveni Commits Shs2 Billion to Uplift Muslim Women’s SACCOs
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. Durin...
Foreign reserves fall to all time low
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In detail...
Kadaga tasks health ministry to empower regional hospitals
The First Deputy Prime Minister and minister for East African Community (EAC) Affairs, Ms Rebecca Kadaga, has tasked the Ministry of Health to empower regional referral...
Economy still faces several risks, says BoU
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher infla...