Uganda successfully hosted the Second Uganda-Qatar Business Forum in Doha on Monday this week, marking a significant step in its strategy to leverage economic and commercial diplomacy for national growth. Held under the theme, “Uganda and Qatar in Partnership for…
The Uganda Development Bank (UDB), the nation’s Development Finance Institution (DFI), is intensifying its efforts to secure essential resources for the country’s socio-economic transformation. This was highlighted this week by a high-level engagement with the OPEC Fund for International Development (OFID), which…
The recent high-level meeting between the Uganda Development Bank (UDB) and the Kuwait Fund for Arab Economic Development (KFAED) marks a significant diplomatic and financial breakthrough for Uganda. Held on the sidelines of the World Bank and IMF Annual Meetings,…
President Yoweri Kaguta Museveni has initiated a significant change in Uganda’s leadership for fighting corruption by appointing Justice Aisha Naluzze Batala as the new Inspector General of Government (IGG), replacing Beti Kamya. The appointment, which maintains the continuity of the…
Dei BioPharma has unveiled its next bold phase, announcing the commencement of Active Pharmaceutical Ingredient (API) manufacturing at its state-of-the-art facility in Matugga, on the outskirts of Kampala city. This massive undertaking, unveiled over the weekend by Dr. Mathias Magoola,…
Uganda’s livestock sub-sector has taken a significant step toward modernisation and commercialisation with the official reception of the Jianzhou big-ear goats from China, which were unveiled by Hon. Bright Rwamirama, the State Minister for Animal Industry, at the National Animal…
In a significant move to deepen economic cooperation, Finland’s Minister for Foreign Trade and Development, Ville Tavio, has announced that Finnish companies are ready to partner with African nations in key strategic sectors. The announcement, made on Wednesday, September 24,…
Uganda’s tourism sector is being reaffirmed as a top driver of the national economy. During the recent three-day 6th Bi-Annual Presidential CEO Retreat held in Fort Portal City, the Prime Minister, Rt. Hon. Robinah Nabbanja delivered a powerful message from…
In a powerful address that set the tone for the national budgeting process, the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, announced a major crackdown on dishonest and inefficient fiscal practices. At the National Budget Conference for the…
The Ministry of Finance, Planning and Economic Development has released a comprehensive economic outlook that provides a clear and compelling narrative for Uganda’s future. The data points to a steady and robust upward trajectory, affirming that the nation’s ambitious goal…
The inaugural Uganda Development Finance Summit has established itself as a pivotal platform for redefining Africa’s economic trajectory. Convened by the Uganda Development Bank (UDB), the summit, which brought together leaders from across the continent, was framed by the Bank…
At the Makerere University Investor Roundtable Summit held on Tuesday, September 2, 2025, a powerful message emerged: Uganda’s future prosperity hinges on its ability to invest in its youthful population strategically. Stanbic Bank Uganda, represented by its Executive Director and…
The Uganda Development Finance Summit (UDFS25), which was officially opened on Monday by President Yoweri Kaguta Museveni, has not only showcased Uganda’s bold ambitions but also amplified global voices demanding a seismic shift in how Africa finances its future. From…
The Uganda Development Bank (UDB), which is headed by Dr. Patricia Ojangole as Managing Director, has for decades been a cornerstone of the Ugandan government’s economic development agenda, but questions remain about its effectiveness in addressing key national bottlenecks. Ojangole,…
Over the past 14 months, the Ugandan shilling has shown remarkable strength, appreciating steadily against the US dollar. In a televised address today, Bank of Uganda (BoU) Governor Michael Atingi-Ego clarified the central bank’s role, asserting that this appreciation is…