Of late, two bits of very good news are set to lift the entrepreneurial spirit in Uganda and result in a positive impact on the economy. First, the government has …
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I will begin my presentation with a quote from Pietro Metastasio; “Every noble acquisition is attended with its risks; he who fears to encounter the one must not expect to …
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EnergyLatest NewsNational NewsNews
All customers of UMEME will move Under UEDCL starting today midnight – PS Energy
It is my privilege to welcome you to this historic event, marking the handover of the electricity distribution concession from Umeme Limited to the Uganda Electricity Distribution Company Limited (UEDCL). …
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With less than a month remaining before the Uganda Electricity Distribution Company Limited (UEDCL) officially takes over the country’s electricity distribution from UMEME Limited on April 1, 2025, businesses across …
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EconomicsLatest NewsNational NewsNewsOpinions
Budget Priorities: CSOs raise concerns over the 2025/26 financial plan
Civil Society Organizations (CSOs) have raised concerns over the 2025/26 National Budget Framework Paper (NBFP), highlighting funding gaps in key sectors such as trade, industrialization, and private sector development. Their …
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EconomicsLatest NewsNational NewsNewsOpinions
CSBAG raises concerns over the budget framework amidst revenue shortfalls and rising debt
The Civil Society Budget Advocacy Group (CSBAG) has raised serious concerns about the National Budget Framework Paper (NBFP) for the Financial Year 2025/26, citing issues related to low revenue mobilization, …
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Uganda’s GDP is expected to expand to Shs250.0 trillion (equivalent to USD 66.1 billion) in FY 2025/26 from Shs222.7 trillion (equivalent to USD 59.3 billion) in FY 2024/25. The Ministry …
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EconomicsLatest NewsNational NewsNews
Latest development plan points out glaring gaps towards Uganda’s prosperity
Recently, Amos Lugoloobi, the junior minister in the finance ministry, tabled before Parliament the strategy paper for implementation of the National Development Plan IV (NDPIV) to be officially launched in …
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Industry & TradeLatest NewsManufacturingNational NewsNews
Uganda Baati: 60 Years of Putting Steel in the Back of A Nation.
First, we must admit that nations need to be built. While nation-building is not a literal thing, physical infrastructure contributes to a nation’s soul in many other ways. Uganda’s case …
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Industry & TradeLatest NewsNational NewsNews
Sustained growth in private sector output marks end of 2024
The monthly Stanbic Purchasing Managers’ Index (PMI), which provides a measure of prevailing private sector outlook, dropped to 53.1 during December compared to the 55.7 reading posted in November. Christopher …