Headlines
Top Story
As Pedson Mumbere reports, a new ten-year $3.8 billion partnership arrives just as Uganda prepares to pump its first oil, promising billions in investment alongside a blunt warning: the money will only matter if Uganda spends it wisely.
Economic Digest
Grid Watch
As the US-Iran conflict sends crude oil prices rocketing past $114 and the shilling slides against the dollar, the Electricity Regulatory Authority has pushed UEDCL tariffs up for the July–September quarter — squeezing households already stretched thin by the high cost of living.
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.
Market Pulse
Business
Xeno's profit jumped 44% to UGX 11.4 billion in 2025. Here's what that says about Uganda's booming unit trust industry, and why everyday savers are driving it.
The partnership with a top business trainin institution reinforces NCBA Bank’s broader commitment to supporting enterprise development by empowering entrepreneurs with both capital and capacity building.
As Pedson Mumbere reports, the bank's latest intervention positions the lender to capitalize on growing demand for agricultural and SME financing while supporting sectors critical to the country’s long-term economic growth and export ambitions
When MTN and KCCA joined hands at Busega Market, it was about more than a clean-up; it was a vivid example of how a remarkable corporate-public partnership is quietly reshaping Kampala's most vital economic spaces.
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.
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
As Prisca Baike reports, this year's contribution reflects a steady increase in MTN Uganda’s annual statutory payments, rising by 33.5% in four years.
Canal+'s decision to have the DStv Stream app pre-installed on all new Samsung Smart TVs across 18 African markets signals the beginning of the end for the satellite dish as the default gateway to premium television content.
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.
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.
Through the Advancing Women Entrepreneurs (AWE) programme, MTN Uganda is showing how businesses can use their spending power to expand economic participation.
Mining & Minerals
The numbers tell a refreshing story. Brent crude, which scaled the terrifying......
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.
