The United Arab Emirates (UAE) investors are poised to significantly increase their investments in Uganda’s diverse economic sectors, spanning ICT, tourism, agriculture, healthcare and industrial development among others. The investors…
In a significant step towards achieving national energy access, the government has secured a $638 million World Bank funding to finance an electricity project that will connect over 1.3 million…
The Government has released 9.195 trillion shillings for expenditures for the second quarter of the financial year 2023/24. While releasing the government quarter two expenditures for the 2023/24 financial year…
The Parliamentary Committee on National Economy will scrutinise government proposals to borrow funds to upgrade roads and finance the Climate Smart Agricultural Transformation Project. The requests were tabled before Parliament…
The alarming prevalence of teenage pregnancy in Uganda has far-reaching consequences on the nation’s development. This pressing issue has garnered increasing attention in recent years, as the nation grapples with…
Power regulator, the Electricity Regulatory Authority (ERA) has announced that the electricity end-user tariffs to be charged by Umeme Limited for supply of electricity for the fourth quarter of 2023…
International passenger traffic through Entebbe International Airport continues to rise. In August 2023, the Airport recorded 93,560 arriving and 97,947 departing passengers, making a total of 191,507 passengers. This is…
The Government through the Ministry of Lands, Housing and Urban Development in partnership with Habitat for Humanity and other key sector partners in Uganda will this Thursday hold the 2nd…
The French International News Agency, AFP reported on Wednesday that Uganda is in the final stages of negotiations with Chinese financiers to help fund the East African Crude Oil Pipeline…
Section 90(1) Tier 4 of Microfinance Institutions and Money Lenders Act, 2016 stipulates that the Minister of Finance may, in consultation with the Authority, by notice in the Gazette, prescribe…