Economy
Speaker Oboth Brokers Truce in BoU-SACCO Licensing Standoff, Directs Finance Ministry to Draft Amendment Bill
Governor Atingi-Ego The Speaker of Parliament, Rt. Hon. Jacob Marksons Oboth, has stepped in to defuse a long-running dispute between...
Kalangala Residents Get First Modern Bank Branch as Financial Inclusion Drive Hits Islands
Residents of the Ssese Islands are set to get improved access to formal banking services following the unveiling of a...
Uganda Eyes 10% Growth as Oil Boom, Record Reserves Supercharge Investment Outlook
Uganda’s improving macroeconomic stability, stronger foreign exchange reserves and the anticipated start of commercial oil production are boosting the country’s...
New $5 Million Financing Facility to Boost Ugandan SMEs
This partnership pairs TLG’s growth capital with SHONA Capital’s proprietary technology to put flexible and timely credit between $5,000 to...
Museveni calls for increased UK, European investment in Uganda
President Yoweri Museveni has urged British and European investors to increase their presence in Africa, saying the continent offers vast...
PSFU rates 2026/27 budget 82% favourable, flags lending rates and arrears as drag on businesses
Uganda’s national budget for the 2026/27 financial year has been rated largely favourable to business by the country’s main private...
New finance minister Musasizi lays out five-pillar agenda to push Uganda toward $500bn economy
Uganda’s Finance Minister Henry Musasizi has used his first top management meeting with senior officials at the Ministry of Finance,...
Uganda Leads With Lowest fuel Prices in East Africa Region
Kampala currently has the cheapest fuel in East Africa, while Nairobi remains the most expensive, followed by Kigali and Dar...
Museveni renews Mukiza’s Contract to Maintain Investment Stability and Job Growth
According to sources close to Finance Minister Matia Kasaija, the president praised Mukiza for bringing new energy to the authority,...
Ggoobi Urges Muslim Community to take advantage of Wealth Creation Programmes
Government’s message is simple: These are not political funds. These are not sectarian funds. These are economic opportunity funds. I,...
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