By Our reporter KAMPALA – The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year […]
CAPTION: A trader sells second hand cloths in Kampala recently. (File photo.) KAMPALA – Parliament has considered and approved a raft of bills introducing or increasing taxes on various goods intended to raise revenue to fund government activities in the new financial year. The bills including the Value Added Tax (Amendment) Bill, 2026; the […]
CAPTION: Head of State House Investors Protection Unit (SHIPU), Col. Edith Nakalema (R) listens to the Danish head of delegation Mr. Jacob Kahl Jepsen (C) of Green Economy, Trade and Climate, at the Embassy of Denmark on Tuesday April, 21st 2026. (Photo by PPU/Tony Rujuta). By Stephen Wandera Ouma KAMPALA – President Yoweri Kaguta […]
Funding targets skills development, jobs, and support for vulnerable householdsPrograms expected to benefit over 3 million peopleThe World Bank said on Tuesday, March 31st 2026, it had approved $550 million in financing for two new education and social protection programs in Tanzania.The funding will support the second phase of the Education and Skills for Productive […]
CAPTION: Standard Gauge Railway, Project Coordinator Canon Eng. Perez Wamburu, (C) led a mission team from African Development Bank (AfDB) to a tour of the SGR Malaba- Kampala route. In the background are works on the labour camps, sleeper factory and other facilities. (Photo by Stephen Wandera Ouma). By Stephen Wandera OumaKAMPALA – The World Bank […]
By Our reporterThe 4th FUFA SACCO Annual General Assembly was successfully held at the FUFA Stadium, Kadiba, on 31st March 2026, bringing together members to review progress and discuss the future of the SACCO.The meeting was chaired by Executive Committee Chairperson Ariga Rasoul, alongside Vice Chairperson Ronnie Kalema, who guided proceedings and key deliberations during […]
CAPTION: A trader selling second-hand clothes in Owino Market in Kampala recently. (File photo). By Our reporterPARLIAMENT – The government has tabled new tax Bills, with a 30 per cent environmental levy on imported secondhand clothes.The Bills were tabled by the Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi during […]
CAPTION: Chief Executive Officer of Wazalendo SACCO, Col Yusuf Magero Buha, during the SACCO’s 20th Annual General Meeting held at Gaddafi Barracks in Jinja, April 1st, 2026. (Courtesy photo). By Our reporterJINJA – Wazalendo SACCO has posted strong growth in its assets base, reinforcing its position as one of Uganda’s leading savings and credit cooperatives as […]
CAPTION: Assistant Commissioner for Coffee Quality Assurance and Value Addition Gordon Katwirenabo, Uganda’s High Commissioner to Australia Dorothy Hyuha Samali, and Serere County MP Emmanuel Okabe at the Melbourne International Coffee Expo 2026. (Courtesy Photo). By Agencies MELBOURNE AUSTRALIA – Uganda is moving to shift its role from a silent supplier to a visible brand in […]
LYANTONDE – The Minister of Science, Technology and Innovation, Honourable Doctor Monica Musenero, commissioned the upgraded Katebe Farm Engineering Transformation Project on 22 March at Katebe Farm in Kashagama, Lyantonde District. The upgraded facility, owned by General (Rtd) Kale Kayihura, was executed by the Engineering Development and Innovation Centre (EDIC). Speaking during the commissioning, Hon. […]