The High Court’s Commercial Division has ordered businessman Patrick Bitature to pay Finicon (U) Limited more than Shs1.9 billion, including…
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Government Moves to Write Off Shs2.3bn Kilembe Mines Arrears
The Government has moved to write off Shs2.2974 billion in Annual Mineral Rent arrears owed by Kilembe Mines Limited, with…
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Finance Minister Tasks UNOC to Seek Alternative Financing as Uganda Nears First Oil
Finance Minister Henry Musasizi has tasked the Uganda National Oil Company (UNOC) Board to explore innovative and sustainable financing options…
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Stakeholders Call for Increased Investment in Cybersecurity
Stakeholders in Uganda’s technology, finance, telecommunications and public sectors have called for increased investment in cybersecurity to protect the country’s…
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Uganda’s Public Debt Rises to Shs126.16 Trillion, Finance Minister Says It Remains Sustainable
Uganda’s public debt has risen to Shs126.16 trillion, up from Shs105.17 trillion at the end of December 2024, representing a…
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From UGX 70,000 to a Thriving Enterprise: Benah Nambi’s Journey with FINCA Uganda
Benah Nambi in her business shop Nyange farm supply in Lugazi In May 2015, Benah Nambi sat in her quiet…
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Uganda Turns to Saudi Arabia to Unlock Export Markets and Narrow $140 Million Trade Gap
Uganda is seeking a bigger share of the Saudi Arabian market as the government intensifies efforts to reduce the country’s…
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Government Allocates Shs317bn to Settle Domestic Arrears
Government set aside Shs317 billion in the 2026/27 financial year to settle domestic arrears, as part of a medium-term strategy…
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Kabalega International Airport Set for October Handover as Oil and Gas Logistics Hub Takes Shape
Kabalega International Airport in Hoima District is on course for completion, with the facility expected to be handed over to…
Read MoreInside the Uganda–Tanzania Energy Deal: Tanga Hub, Pipelines and a New Regional Power Link
Uganda and Tanzania have moved to deepen their energy partnership beyond the East African Crude Oil Pipeline (EACOP), unveiling a…
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