Uganda Shilling rebounds as government eyes oil-era forex inflows
Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for fore...
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“inflows”
Mbarara airport dream runs into viability headwinds
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. W...
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...
Gov’t deficit lowered in April despite revenue shortfalls
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collectio...
Election period didn’t destabilise economy, says Finance ministry
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy...
CDF to BoU Governor: Be careful with your statements
Gen Muhoozi Kainerugaba has cautioned BoU Governor Atingi-Ego over criticism of the sovereignty bill, as concerns grow about its economic impact.Gen Muhoozi Kainerugaba w...
Ugandan civil society denounces ‘foreign agents’ bill
At a press conference, former cabinet minister Miria Matembe condemned the speed at which the controversial legislation is being pushed forward.“I have never seen such...
New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’
President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs...
Budget Revised to Shs84.39tn After Last-Minute Corrections
A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.Th...
Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt f...