The Ugandan government’s recent allocation of an additional Shs 115 billion to Atiak Sugar Factory has raised eyebrows among citizens, with many questioning whether the investment reflects value for money. This new investment brings the total government investment in the…
In a strategic move to expand its market share, Nile Breweries Uganda Limited has endorsed a distribution agreement with Red Bull and Charms, becoming the official distributor of Red Bull products in Uganda. This partnership is a win-win for both…
The Bank of Uganda, headed by Governor Dr. Michael Atingi-Ego, is taking a significant step towards promoting environmental sustainability by drafting a policy framework that will regulate the impact of banking institutions on the environment. This move is expected to…
The government of Uganda has allocated Shs60 billion towards the completion and operationalization of the Coffee Value Addition Plant in Ntungamo District. The Coffee Value Addition Plant, being overseen by Nelson Tugume, the proprietor of Inspire Africa Coffee Group, is…
The Bank of Uganda (BOU) is set to introduce sweeping changes to Uganda’s mortgage finance sector with the upcoming Mortgage Refinance Institutions Bill, 2025. Once passed into law, this bill will empower the BOU to regulate mortgage refinancing institutions, including…
Uganda’s Minister for Energy and Mineral Development, Ruth Nankabirwa, has emphasized the need for a sustainable mineral development policy to optimize the country’s natural resources. This call to action comes as Uganda launches the Sustainable Development of the Mining Sector…
Uganda Airlines Limited has strengthened its partnership with the UN Regional Service Centre Entebbe (RSCE) through the signing of a Master Travel Discount Agreement. This collaboration, which was signed by Mr. Paulin Djomo, the Director of Administration at RSCE and…
The government of Uganda has set aside Shs. 166.5 billion in a supplementary budget to support the construction of the East African Crude Oil Pipeline (EACOP). This significant allocation aims to accelerate the pipeline’s completion, enabling Uganda to meet its…
In a significant move towards promoting clean energy, Uganda’s Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, launched the country’s first electronic vehicle (EV) charging station. Nankabirwa said during the launch that this milestone marks a crucial step in…
The government of Uganda has secured a significant €85 million (approximately Shs 340 billion) development loan from France, aimed at enhancing water infrastructure and urban development in the Greater Kampala Metropolitan Area (GKMA). This funding, announced by Finance Minister Matia…
The Petroleum Authority of Uganda (PAU) has emphasized the crucial role journalists play in promoting Uganda’s oil and gas sector, urging them to report on the industry with a sense of national duty. Why Journalists Matter Journalists are key stakeholders…
Mengo Hospital has partnered with Rotary Kampala South to enhance its Dialysis Unit, aiming to increase accessibility and affordability of life-saving dialysis services. This collaboration was announced during a fundraising breakfast at the hospital, where the Rotary District Governor, Anne…
Uganda’s economic growth is poised to receive a significant boost from the oil and gas sector, according to Christopher Legilisho, a Senior Economist at Stanbic Bank. Speaking at the Stanbic Bank Economic Insights Symposium, Legilisho projected that the oil and…
The world is facing unprecedented challenges in feeding its growing population amidst rising temperatures, unpredictable weather patterns, and declining soil fertility. However, according to Jean Claude Niyomugabo, a researcher with Agribusiness Community, a Non-Governmental Organisation (NGO), an innovative approach is…
Kampala, Uganda – The Stanbic Economic Insights Symposium 2025 wasn’t just another gathering of policymakers and economists. It was a reality check. And when Adam Mugume, Executive Director at Bank of Uganda, took the stage, he delivered an analogy that…