Headlines
Top Story
Uganda's largest budget in the country's history arrives wrapped in historic promise and deep fiscal strain. Finance Minister Henry Musasizi's maiden budget speech marks the dawn of Uganda's oil era and the final stretch before LDC graduation, yet nearly 40% of public money is already spoken for by debt. We unpack what the numbers mean for your business, your taxes, and the economy's next chapter.
Economic Digest
Grid Watch
Uganda is deepening its push for agricultural transformation by courting Danish expertise and capital, as government positions the sector for higher productivity, reduced post-harvest losses, and increased value addition.
The war that sealed the Strait of Hormuz is not a distant news story. It is the reason fuel costs more, food costs more, and doing business in East Africa costs more - today.
The construction of the East African...
The Uganda National Oil Company (UNOC) is edging closer to finalizing Front-End Engineering Design (FEED) contracts for the country’s first oil refinery, a $4 billion (UGX 15.2 trillion) project.
Uganda has officially rolled out a national biofuel blending programme that will see petrol mixed with ethanol extracted from crops such as maize, cassava, and sugarcane, a development expected to enhance energy security, reduce environmental degradation, and significantly raise farmer incomes.
Market Pulse
Business
MTN Mobile Money (U) Limited has appointed a seasoned fintech executive as its new Managing Director, placing an operator with three decades of cross-market experience at the controls of Uganda's dominant mobile financial services platform.
When NCBA Bank Uganda signed on as the headline sponsor of the NCBA Junior Golf Series, it wasn't simply buying brand visibility on a scorecard. It was making a calculated bet on Uganda's next generation - one that is already paying off rich dividends on the international scene.
When treasury dealers from Uganda's 25 commercial banks gathered in Kampala last month, NCBA Bank Uganda's Global Markets team was at the centre of the conversation — and the message was clear: the professionals quietly running the country's financial system deserve far more attention than they get.
Figures from the UCC show that the total active mobile money subscribers now stand at 36.7 million
As Uganda's regional cities step into the spotlight of the country's development agenda, the inaugural Acholi Real Estate and Infrastructure Conference brought bankers, developers, and policymakers together in a city still writing its post-conflict comeback story, to have an overdue conversation about turning ambition into bankable reality.
Cross Border
As Pedson Mumbere reports, the decline in intra-EAC trade highlights the need for stronger regional integration, enhancing cross-border trade efficiency, reducing non-tariff barriers, and improving logistics infrastructure.
State Minister for Finance David Bahati says Uganda is committed to strengthening economic cooperation with Japan as part of its industrialisation agenda.
The Tax Appeals Tribunal faulted the tax body for ignoring documentary evidence and imposing an arbitrary valuation on the importer.
Historically marred by protectionist quotas and non-tariff barriers, sugar trade between the two neighbors is booming following a landmark 2025 Free Trade Agreement.
Export growth to DRC highlights the potential of intra-African trade to drive national development
Edge Watch
Telecom Front
The projects are expected to produce commercially viable and scalable apps capable of creating jobs, improving digital safety, and accelerating Uganda’s transition into a technology-driven economy.
As Pedson Mumbere reports, Uganda's telecom giants are quietly funding the country's digital future — one rural community, one young life at a time.
When the President of a country, a U.S. Ambassador, and Elon Musk's satellite internet giant converge at State House to sign a landmark deal, it signals far more than a new telecom licence; it marks the moment a nation decides that millions of its rural poor deserve a place in the digital age.
As part of its ongoing digital skilling programme, MTN's Internet Bus carrying laptops and internet connectivity recently rolled into Amuru District, graduating 225 residents from MTN Foundation's Internet Bus digital literacy programme — a quiet but significant milestone in a region still healing from the wounds of LRA insurgency.
As Pedson Mumbere reports, a landmark meeting in Dar es Salaam signals a serious push to make mobile communication work for the region's 300 million people - not against them.
Mining & Minerals
President Yoweri Museveni has pledged Uganda’s full support for a proposed regional......
With first oil on the horizon and a new policy in hand, Uganda is positioning its petroleum sector as the engine of a ten-fold economic expansion. But the real prize lies deeper in the value chain.
For decades, Uganda's cement industry was built on borrowed foundations — quite literally. Nearly every bag of cement produced in the country depended on clinker shipped in from the Middle East and Asia. That era is now over as Pedson Mumbere reports.
Industry players say lack of clear policy frameworks would hamper the sector's contribution to Uganda’s Ten-Fold Growth Strategy.
dfcu Bank has reaffirmed its commitment to empowering Ugandan enterprises to seize......
