News

Mr. Michael Atingi-Ego has been appointed as the new Governor of the Bank of Uganda, ending a three-year period without a substantive head since the death of Emmanuel Tumusime Mutebile …

The Uganda Revenue Authority (URA) has reinforced baggage clearance procedures at Entebbe International Airport to curb tax evasion and streamline customs processes. The updated enforcement measures, which include stricter weight …

The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has reported that Uganda’s coffee export revenue has risen to USD 115.02 Million, in December 2024. Information from MAAIF indicates that Uganda …

The East African Community (EAC) is moving forward with an ambitious plan to accelerate regional digital integration through the development of the EAC Payment Systems Masterplan. The Masterplan aims to …

Owned by East Africa Marine Transport, the 96-metre-long vessel undertakes a minimum of two scheduled crossings per week between Port Bell, Uganda, and the port at Mwanza, Tanzania. Transport options …

URBRA board chair Julius Bigirwa Junjura has been asked to step aside   Kampala, Uganda |  The High Court has adjudged that the current Board of Directors of the Uganda …

Lake Victoria’s first vessels that transports roll-on roll-off cargo including  automobiles, trucks or commercial vehicles has been launched in Uganda. Named M.V. Mpungu, the vessel is owned and operated by …

The Uganda Energy Credit Capitalization Company (UECCC), a government company put in place to catalyse financing for renewable energy projects and increased access to clean and modern energy services is …

Uganda’s ambitious e-procurement (e-GP) system, designed to revolutionize public procurement by enhancing transparency, efficiency, and accountability, is at risk of becoming technologically obsolete, according to a recent audit report. The …

More than 100 trucks heading to Goma city in North Kivu, eastern Democratic Republic of Congo (DRC), are stuck at the Uganda-Rwanda border of Chanika in Kisoro district due to …

Experts in Uganda’s welding industry are calling for greater investment in modern training technologies to address the critical skills gap hindering key sectors such as oil and gas, infrastructure, and …

Last week, the Public Procurement and Disposal of Public Assets Authority (PPDA) held a special luncheon to bid a heartfelt farewell to David Kiyingi, whose tenure as the representative of …

The year 2025 has kicked off at full speed in the public procurement sphere. The Public Procurement and Disposal of Public Assets Authority (PPDA), Uganda’s regulatory authority for public procurement, …

Uganda Airlines has achieved a significant financial milestone by reducing its losses by 26% over the past year, as highlighted in the Uganda Auditor General’s report. Losses dropped from Shs324.9 …

The Uganda Investment Authority (UIA) and the French Chamber of Commerce Uganda (FCCU) have held a hybrid breakfast meeting on investing and doing business in Uganda. The meeting, at the …

Uganda’s export sector has experienced substantial growth in the first quarter of the 2024/25 financial year, with total earnings reaching Shs 8.389 trillion (USD 2.262 billion), a 21.8% increase compared …

Uganda’s aviation industry continues to flourish, supported by infrastructure expansion, growing passenger and cargo traffic, and a favourable regulatory environment. The country is currently served by 18 international scheduled operators …

An audit report released by Uganda’s auditor general for the financial year ending June 2024 has revealed shocking levels of financial mismanagement, resource misallocation, and theft across government ministries, departments …

The Uganda Civil Aviation Authority (UCAA) has said it doesn’t have enough funds to support the development and improvement of upcountry aerodromes. Uganda has 13 upcountry aerodromes managed by UCAA …

Uganda Revenue Authority recently destroyed 36 tonnes of contraband cigarettes worth Shs 7 billion in taxes as the tax body moved to reiterate its intention of punishing any tax evader …

The Ugandan government has unveiled a 593-trillion-shilling (160-billion-dollar) national development plan aimed at investments in value addition, industrialization, and other key sectors at the centre of its implementation. The National …

The Ministry of Local Government is seeking approval of Shs35.2Bn for the procurement of modest Vehicles for 176 Local Government LCV Chairpersons and Mayors to facilitate their mobility and efficiency …

The Uganda Revenue Authority (URA) Commissioner General John Musinguzi has revealed that the tax body has initiated an appeal process against the High Court ruling that favored Heritage Oil in …

The Uganda Revenue Authority (URA) has warned corrupt licensed clearing agents of severe legal repercussions over unethical practices that force taxpayers to make double payments. The authority has vowed to …

The Commissioner General of the Uganda Revenue Authority (URA), John Rujoki Musinguzi, has announced plans to appeal a High Court ruling that mandates the tax authority to refund $45 million …

Monday, January 6, marked the rollout of the third phase of the Motor Vehicle Digital Registration Number Plates, targeting both private and public transport vehicles. This category of vehicles has …

The Commercial Division of the High Court of Uganda has ordered the Uganda Revenue Authority to refund $45 million (plus interest) to Heritage Oil and Gas Limited, after ruling that …

Electricity Regulatory Authority (ERA) has announced that starting January, electricity tariffs for most categories of consumers will reduce. Addressing journalists on Friday, ERA chairperson, Dr.Sarah Kanaabi Wasagali announced a 5.2% …

The proposed Kampala-Jinja Expressway KJE, whose construction is expected to start in the near future, will be one of the fastest roads in Africa, and definitely the fastest in East …

The value of Uganda’s mineral production has jumped from Shs 19.92 billion in 2020/2021 to Shs 202 billion in 2021/22. That is one of the findings from the country’s third …

The launch of commercial freight services in 2018 provided a platform for Bulkstream to extend its supply chain solutions, culminating in the establishment of the Embakasi Grain Terminal. n just …

Uganda has delayed in its implementation of the proposed ban despite past attempts, largely due to push back from SHC traders and diplomatic pressure from the US. However, in early …

The Kenya Ports Authority kicked off its plan to modernize its ICT infrastructure following a series of complaints about frequent outages in its cargo clearing systems. The upgrade follows complaints …

When you think about Uganda’s public procurement system, the first things that might come to mind are government tenders and large-scale contracts. But what if we told you there’s more …

Uganda is spearheading a digital financial revolution, aiming to transition from paper currency to a cashless economy. This bold initiative seeks to boost efficiency, combat corruption, and expand financial inclusivity …

The global airline industry is recovering strongly, with the International Air Transport Association (IATA) projecting record revenues of $1.007 trillion in 2025. This recovery comes despite challenges like supply chain …

The cumulative investments in the oil and gas sector stood at over 7.5 billion dollars by the end on 2023 says the Petroleum Authority of Uganda. Peninah Aheebwa , the …

The State Minister of Finance, Henry Musasizi, has inaugurated the Capital Markets for Economic Development Forum, a platform designed to explore how capital markets can drive Uganda’s economic growth. The …

Glovo, a leading multi-category delivery platform has  hosted its e-commerce day in partnership with key industry players, reaffirming its commitment to driving digital transformation in the region. The event brought …

Uganda’s export performance took a hit in September 2024, recording a significant Shs410 billion decline in the value of goods exported to the international market. This revelation is part of …

The leadership of MLAU in a group photo Legitimate money Lenders have urged the government to closely monitor lending business during the Christmas season while re-opening dialogue on lending rates. Through the …

The Ministry of Finance, Planning and Economic Development has revealed that in September 2024, Ugandans imported merchandise worth 3.859Trn. The country also recorded a Shs410Bn drop in goods exported to the international …

Oil company, TotalEnergies, has awarded local major oil field logistics company, Threeways Shipping the award for Best Contractor, medium risk category 2024. The awards were revealed at the TotalEnergies-Tilenga HSSE …

Uganda’s oil and gas sector continues to transform the nation’s economy, presenting numerous opportunities for local businesses and communities. Since 2017, the sector has facilitated procurements worth $5.3 billion, with …

Governor Mutebile 1949-2022. He is yet to be replaced. The State Minister of Finance, Henry Musasizi, has spoken out on the money heist at the Bank of Uganda (BOU) in …

Uganda’s journey toward becoming an oil-producing nation is progressing steadily, despite both domestic and international criticism. With an estimated 6.5 billion barrels of oil reserves, the country is poised to …

The State Minister for Trade, Industry, and Cooperatives, Gen. Wilson Mbadi, has called on Ugandan business owners to focus on improving the quality and compliance of their products to access …

Minister Ruth Nankabirwa addressing the mediaUgandans whose Yaka meters have not been upgraded should not panic as Energy minister, Ruth Nankabirwa says there is still room to have them upgraded. …

NATIONAL | Standard Chartered Bank Uganda has initiated the sale of its retail and wealth management businesses, signaling a strategic shift by the bank to refine its focus. This decision follows …

The Uganda government has always touted the oil and gas project as one that will transform Ugandan society and the officials often point to the US$15bn windfall the country has …