Section
Market moves, company developments, trade shifts, and economic stories shaping business in and around Uganda.
Business 17 August 2026
With the Africa Continental Free Trade Area now open, Ugandan companies also met Vietnamese. Source: https://www.monitor.co.ug/uganda/news/national/uganda-vietnam-trade-jumps-to-95-4-million-as-both-countries-push-coffee-tech-deals-5561370
Business 17 August 2026
Bilateral trade between Uganda and Vietnam has significantly increased, reaching $95.4 million, driven by growing demand for Ugandan coffee and leather, alongside Vietnamese technological expertise and investment. The two nations are exploring joint ventures in sectors like coffee processing, digital payments, and agro-tech. Source: https://www.monitor.co.ug/uganda/news/national/uganda-vietnam-trade-jumps-to-95-4-million-as-both-countries-push-coffee-tech-deals-5561370
Business 17 August 2026
For Uganda, the pledge arrives as the government pushes to formalize more MSMEs and to meet. Source: https://www.monitor.co.ug/uganda/news/national/germany-commits-shs167-billion-to-boost-eac-trade-health--5561172
Business 17 August 2026
Germany has committed €39.8 million (approximately Shs167 billion) in grants to the East African Community (EAC) to enhance regional trade and economic integration. The funding will support micro, small, and medium enterprises (MSMEs) and strengthen trade-related systems, including disease surveillance. Source: https://www.monitor.co.ug/uganda/news/national/germany-commits-shs167-billion-to-boost-eac-trade-health--5561172
Business 17 August 2026
The administrative head of the High Court and courts subordinate reasoned that prolonged. Source: https://www.monitor.co.ug/uganda/news/national/traders-urged-to-settle-disputes-through-mediation-as-court-drive-kicks-off-5560832
Business 17 August 2026
Principal Judge Jane Frances Abodo has encouraged the business community to utilize mediation to resolve significant financial disputes, citing its efficiency over prolonged court battles. A two-week mediation drive aims to clear hundreds of cases and unlock substantial funds. Source: https://www.monitor.co.ug/uganda/news/national/traders-urged-to-settle-disputes-through-mediation-as-court-drive-kicks-off-5560832
energy 17 August 2026
Uganda's long-anticipated first commercial oil production, initially targeted for 2018, has been repeatedly delayed, with the latest projections now looking towards the latter half of 2026. Source: https://www.monitor.co.ug/uganda/news/national/the-first-oil-question-how-the-govt-missed-targets-5560814
Business 17 August 2026
The 2022 Uganda Demographic and Health Survey reported that 26 percent of children under five. Source: https://www.monitor.co.ug/uganda/business/prosper/-ssali-schools-can-become-anchor-markets-for-locally-produced-food-5560728
Business 17 August 2026
Uganda Airlines' new CEO, Girma Wake, has outlined a comprehensive strategy aimed at achieving financial break-even by 2030, contingent on government support and a shift towards operational self-sufficiency. The plan focuses on capacity building, route expansion, and enhancing ancillary services. Source: https://observer.ug/news/uganda-airlines-to-break-even-in-2030-ceo-girma
Business 17 August 2026
Money's worth isn't inherent; it's derived from collective belief and societal agreement, profoundly influencing human behavior. Source: https://www.monitor.co.ug/uganda/business/prosper/money-has-no-value-until-we-agree-it-does-5560672
Business 17 August 2026
Businesses can no longer afford to maintain disconnected records or rely on estimates and. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-widens-tax-net-is-your-business-next--5560692
Business 17 August 2026
The Uganda Revenue Authority (URA) is intensifying efforts to broaden its tax base, signaling a need for all businesses, regardless of size, to ensure accurate record-keeping and tax compliance. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-widens-tax-net-is-your-business-next--5560692
Business 16 August 2026
ISO certification signifies a robust, independently verified management system that undergoes regular audits, enhancing credibility and operational efficiency for organizations. Source: https://www.monitor.co.ug/uganda/oped/commentary/why-iso-certification-is-important-5560590
Business 16 August 2026
The Bank of Uganda has maintained its benchmark Central Bank Rate (CBR), a move that signals a commitment to economic stability and prudent monetary policy, aiming to attract and reassure investors. Source: https://www.monitor.co.ug/uganda/business/markets/holding-the-cbr-what-bank-of-uganda-is-pitching-to-investors-5560522
Business 16 August 2026
While Uganda Airlines is actively growing its network across the African continent, the national carrier faces significant hurdles in achieving profitability. The success of its new routes hinges on overcoming operational and financial challenges. Source: https://www.monitor.co.ug/uganda/business/markets/beyond-new-routes-uganda-airlines-faces-hard-profit-tests--5560528
Business 16 August 2026
Rather than viewing oil revenues as an end in themselves, they should strengthen productive. Source: https://www.monitor.co.ug/uganda/business/commodities/first-oil-and-beyond-the-road-to-a-500b-economy-5560504
Business 16 August 2026
Uganda's nascent oil industry is seen not just as a source of revenue, but as a catalyst to significantly boost the nation's economy, aiming for a $500 billion valuation. The focus is on leveraging oil wealth to drive broader economic development and diversification. Source: https://www.monitor.co.ug/uganda/business/commodities/first-oil-and-beyond-the-road-to-a-500b-economy-5560504
Business 16 August 2026
Traders and residents in Kabale are citing poor street lighting and resulting insecurity as major deterrents to night-time economic activity, despite some authorities reporting a gradual increase in businesses operating after dark. Source: https://nilepost.co.ug/news/364003/poor-street-lighting-slows-kabales-night-economy
Politics 16 August 2026
India has expressed satisfaction over the appointment of Sanjay Tanna to Uganda's Cabinet, viewing it as a testament to the Indian community's contributions to the nation's development. The occasion also highlighted calls for increased Indian investment in Uganda's pharmaceutical and manufacturing sectors. Source: https://www.monitor.co.ug/uganda/news/national/india-hails-appointment-of-sanjay-tanna-to-uganda-cabinet-5560200
Business 16 August 2026
Uganda's manufacturing sector is seeing a promising development as a local company innovates with genetically developed bamboo, potentially slashing the nation's substantial paper import costs and boosting local value addition. Source: https://www.monitor.co.ug/uganda/news/national/bamboo-innovation-could-help-uganda-cut-paper-imports-minister-says-5560336
Business 16 August 2026
Ntungamo is positioning itself as a burgeoning industrial hub, focusing on investments in coffee processing, mining, and agro-processing, while striving to balance economic growth with environmental protection and community interests. Source: https://nilepost.co.ug/news/363947/ntungamo-positions-itself-for-industrial-transformation
Business 16 August 2026
The Presidential Affairs Committee has pledged its full support for the expansion of the Africa Coffee Park in Ntungamo, recognizing its critical role in Uganda's industrialization and job creation efforts. The committee intends to secure additional government funding for the ambitious project. Source: https://nilepost.co.ug/news/363937/parliament-committee-backs-shs294bn-expansion-of-africa-coffee-park
lifestyle 16 August 2026
Stephen Asiimwe, CEO of the Private Sector Foundation Uganda, reflects on a career shaped by an early fascination with newspapers and a persistent sense of curiosity. He emphasizes leadership over management and the importance of continuous learning and adaptability. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/i-opt-to-see-myself-as-a-leader-rather-than-boss-says-psfu-boss-stephen-asiimwe-5558724
Business 16 August 2026
Uganda faces escalating loan expenses due to a reduced availability of cheaper financing and a significant shift towards more expensive domestic borrowing. Compounding this issue, investments funded by debt are yielding suboptimal returns, creating a challenging financial scenario. Source: https://www.monitor.co.ug/uganda/business/finance/why-uganda-s-loans-are-getting-more-expensive-5558720
Business 16 August 2026
For the 2024/25 financial year, the corporation reported a financial loss of Shs32.8 billion. Source: https://www.monitor.co.ug/uganda/news/national/inside-uganda-railways-corporation-s-loss-making-business-5559848
Business 16 August 2026
The Uganda Railways Corporation (URC) continues to operate at a substantial loss, reporting a Shs32.8 billion deficit for the 2024/25 financial year due to underinvestment, aging infrastructure, and high operational costs. Source: https://www.monitor.co.ug/uganda/news/national/inside-uganda-railways-corporation-s-loss-making-business-5559848
news 16 August 2026
The National Social Security Fund (NSSF) is taking steps to secure full possession of 463.87 acres of land in Temangalo, Wakiso District, purchased in 2008. A dispute over a portion of the land, retained by a vendor under a memorandum of understanding, has led to legal action. Source: https://www.monitor.co.ug/uganda/news/national/nssf-speaks-out-on-fresh-temangalo-land-scandal-5559832
Technology 16 August 2026
Eco-Stove, a local clean cooking technology firm, plans to begin manufacturing electric pressure cookers in Uganda, aiming to reduce costs and increase accessibility for households. The company anticipates securing funding to import necessary machinery and establish an assembly plant within the year. Source: https://www.monitor.co.ug/uganda/news/national/uganda-to-start-manufacturing-electric-pressure-cookers-locally-5559642
Business 15 August 2026
Kiira Motors Corporation has announced an ambitious ten-year strategy valued at Shs33.4 trillion (US$9 billion) to establish a domestic electric vehicle battery manufacturing industry, aiming to reduce reliance on imported components. Source: https://www.monitor.co.ug/uganda/news/national/inside-kiira-motors-shs33-4t-plan-for-sustainable-e-mobility-5559660
Business 15 August 2026
The World Association of Newspapers and News Publishers (WAN-IFRA) and the African Media. Source: https://www.monitor.co.ug/uganda/news/guide-for-african-mobile-news-businesses-5559614
media 15 August 2026
The World Association of Newspapers and News Publishers (WAN-IFRA) has released a comprehensive guide to help African media organizations navigate the evolving landscape of mobile news consumption and business models. Source: https://www.monitor.co.ug/uganda/news/guide-for-african-mobile-news-businesses-5559614
Business 15 August 2026
The traders are seeking dialogue rather than confrontation with the government. Source: https://www.monitor.co.ug/uganda/news/national/informal-traders-petition-museveni-nabbanja-for-bailout-over-trade-order-evictions-5559358
Business 15 August 2026
Uganda's Investment Minister, Hon. Hajjat Aminah Mukalazi, has initiated a nationwide tour of industrial parks to directly engage with investors, identify operational challenges, and implement solutions aimed at enhancing the country's investment climate. The tour began at the Picfare Nytil Industrial Park in Jinja. Source: https://ugandainvest.go.ug/investment-minister-embarks-on-industrial-park-tour-to-address-investor-challenges
Business 15 August 2026
The National Water and Sewerage Corporation (NWSC) has seen significant growth, expanding its water network to 25,000 kilometers and serving 1.46 million customers. This expansion is attributed to major investments in infrastructure, technology, and internal capacity. Source: https://nilepost.co.ug/news/363771/nwsc-customer-base-surges-to-146-million-as-network-expands-to-25000-kilometres
Business 15 August 2026
Shopping malls across East Africa are struggling to maintain relevance, with many facing financial difficulties and closure. Experts suggest a need for malls to evolve beyond traditional retail offerings to cater to changing consumer habits and economic pressures. Source: https://www.monitor.co.ug/uganda/business/finance/why-do-malls-in-east-africa-keep-taking-headlong-falls--5558646
national 14 August 2026
The Bishop of South Rwenzori Diocese has issued a stern warning to all Church of Uganda-affiliated institutions against accepting donations from unapproved sources, following significant financial losses incurred by residents due to the fraudulent Hut 8 investment platform. Source: https://www.monitor.co.ug/uganda/news/national/bishop-warns-church-schools-against-unauthorised-donors-after-hut-8-losses-5558684
Business 14 August 2026
Uganda's directive to open bars only after 3 PM has sparked mixed reactions in Busia, with concerns over economic impact and potential security issues, while proponents cite benefits for productivity and family life. Source: https://www.monitor.co.ug/uganda/news/national/mixed-reactions-at-busia-border-over-uganda-govt-bar-hours-directive-5558680
Sports 14 August 2026
Coca-Cola Beverages Uganda (CCBU) has extended its commitment to the Tusker Lite Mount Rwenzori Marathon for a fifth consecutive year, providing Shs215 million in support as the official hydration partner. Source: https://nilepost.co.ug/news/363668/coca-cola-beverages-uganda-renews-rwenzori-marathon-partnership-with-shs215m-package
transport 14 August 2026
Ugandan stakeholders are calling on the government to actively promote electric mobility by offering incentives and ensuring affordable electricity, as concerns over fuel prices and air pollution intensify. Source: https://www.monitor.co.ug/uganda/news/national/govt-asked-to-promote-electric-mobility-as-fuel-costs-pollution-rise-5558748
news 14 August 2026
Uganda's Ministry of Housing and Urban Development is cautioning citizens to be wary of newly built apartments, as a lack of regulation has allowed some developers to market expensive, yet substandard properties. A new Real Estate Bill is being fast-tracked to address these concerns. Source: https://www.monitor.co.ug/uganda/news/national/govt-warns-ugandans-over-costly-substandard-apartments-5558694
news 14 August 2026
A significant fire erupted at the Golden Home Factory in Kalungu District on Friday, resulting in the destruction of property valued in the millions of shillings. Police are investigating the incident, with preliminary reports suggesting a delayed notification hindered firefighting efforts. Source: https://www.monitor.co.ug/uganda/news/national/fire-destroys-property-worth-millions-at-kalungu-plywood-factory-5558742
crime 14 August 2026
A mechanic was robbed of Shs12.2 million and a mobile phone after being lured to a remote area in Luuka District under the guise of purchasing a vehicle. One suspect has been apprehended, and police are searching for others. Source: https://www.monitor.co.ug/uganda/news/national/mechanic-robbed-of-shs12-2m-after-being-lured-to-remote-area-in-luuka-5558644
transport 14 August 2026
A Shs1.37 billion road improvement project has significantly enhanced access to Uganda's primary oil terminal in Jinja, streamlining the movement of fuel trucks and improving safety. Source: https://www.monitor.co.ug/uganda/news/national/shs1-37b-upgrade-improves-access-to-jinja-oil-terminal-5558654
Business 14 August 2026
Learning. Building a life and businesses outside Uganda taught her independence. It forced her. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/zari-s-evolution-from-socialite-to-empire-builder-5557142
lifestyle 14 August 2026
Ugandan businesswoman and socialite Zari Hassan has charted a remarkable path, evolving from a celebrated public figure to a formidable empire builder. Her journey highlights a significant shift in how she operates and her determination to establish a lasting legacy. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/zari-s-evolution-from-socialite-to-empire-builder-5557142
Politics 14 August 2026
Buganda Katikkiro Charles Peter Mayiga has emphasized that effective leadership hinges on confidence, innovation, and integrity, urging leaders to back their words with actions to foster trust and drive development. Source: https://nilepost.co.ug/news/363606/strong-leadership-requires-confidence-innovation-and-trust-katikkiro-says
news 14 August 2026
The Uganda Alcohol Industry Association (UAIA) has urged the government to reconsider the 3:00 PM bar opening time, arguing it unfairly penalizes licensed businesses and could push consumers towards unregulated, potentially unsafe alcohol. The association, however, strongly supports intensified efforts to combat illicit alcohol production and sales. Source: https://www.monitor.co.ug/uganda/news/national/alcohol-industry-seeks-review-of-3pm-opening-rule-backs-crackdown-on-illicit-brews-5557854
Business 14 August 2026
To avoid past mistakes, Mr Tanna said government will now back only “market-driven production”. Source: https://www.monitor.co.ug/uganda/news/national/govt-pledges-fast-track-approvals-to-operationalise-entebbe-airport-free-zone-5557842
Business 14 August 2026
The Ugandan government is committed to fast-tracking approvals and directly supporting exporters to operationalize the Entebbe International Airport Free Zone, aiming to boost export-led industrial growth. The initiative is a key part of Uganda's national development plan, focusing on agro-processing. Source: https://www.monitor.co.ug/uganda/news/national/govt-pledges-fast-track-approvals-to-operationalise-entebbe-airport-free-zone-5557842
Business 14 August 2026
Mr Sanjay said the government is ready to facilitate Indian investors to set up factories and. Source: https://www.monitor.co.ug/uganda/news/national/trade-minister-urges-indian-pharma-firms-to-set-up-manufacturing-plants-in-uganda-5557788
Business 14 August 2026
Uganda's Minister of Trade, Industry, and Cooperatives, Tanna Sanjay, has urged Indian pharmaceutical companies to invest in local manufacturing instead of solely focusing on exports. The move aims to boost Uganda's pharmaceutical industry and improve medicine accessibility. Source: https://www.monitor.co.ug/uganda/news/national/trade-minister-urges-indian-pharma-firms-to-set-up-manufacturing-plants-in-uganda-5557788
Business 14 August 2026
The Permanent Secretary’s decision came as a direct rejection of a petition submitted by the. Source: https://www.monitor.co.ug/uganda/news/national/ministry-directs-repossession-of-tororo-market-stalls-over-unpaid-shs585m-rent-5557394
news 14 August 2026
The Ministry of Local Government has ordered the repossession of market stalls at Tororo Modern Central Market from vendors with outstanding rental debts totaling Shs585 million. The directive comes after the ministry rejected a plea from vendors to write off the accumulated arrears. Source: https://www.monitor.co.ug/uganda/news/national/ministry-directs-repossession-of-tororo-market-stalls-over-unpaid-shs585m-rent-5557394
Business 14 August 2026
The Bank of Uganda has decided to keep its benchmark rate at 9.75%, citing a need for caution due to rising energy and food prices that could fuel inflation, despite a positive economic outlook. Source: https://www.monitor.co.ug/uganda/news/national/bank-of-uganda-holds-benchmark-rate-at-9-75-as-inflation-edge-prompts-caution-5557436
Business 13 August 2026
The search for the new Executive Director of the Petroleum Authority of Uganda (PAU) is nearing its conclusion, amidst intense competition and behind-the-scenes maneuvering for the influential position. Source: https://www.monitor.co.ug/uganda/special-reports/inside-fight-for-top-job-at-petroleum-authority-5557200
Business 13 August 2026
Upgrades to infrastructure in Namanve Industrial Park are enhancing its climate resilience, attracting new investment and securing Uganda's industrial future. Source: https://www.monitor.co.ug/uganda/special-reports/how-namanve-is-building-climate-resilience-into-uganda-s-industrial-future-5557158
Business 13 August 2026
"What actually changed my life wasn't the trade. It was what I did with what was left after the. Source: https://www.monitor.co.ug/uganda/oped/commentary/i-sold-a-rolex-to-buy-bitcoin-here-s-what-i-d-tell-young-people-chasing-the-same-dream-5557360
Business 13 August 2026
A young Ugandan entrepreneur shares his journey of selling street food to invest in Bitcoin, reflecting on the volatile crypto market and advising peers on responsible financial practices. Source: https://www.monitor.co.ug/uganda/oped/commentary/i-sold-a-rolex-to-buy-bitcoin-here-s-what-i-d-tell-young-people-chasing-the-same-dream-5557360
Business 13 August 2026
Dozens of maize suppliers halted operations at PRO Industries Limited in Luweero, demanding over Shs2.6 billion for produce delivered since March. The suppliers cite severe financial strain due to the prolonged delay in payments. Source: https://www.monitor.co.ug/uganda/news/national/angry-maize-suppliers-block-factory-entrance-over-shs2-6b-debt-5557312
Business 13 August 2026
The Ministry of Finance is requesting Parliament to approve the cancellation of Shs2.297 billion in unpaid mineral rent owed by Kilembe Mines Limited. This move aligns with the government's ongoing efforts to revive the dormant copper mine. Source: https://nilepost.co.ug/news/363425/govt-seeks-parliament-approval-to-write-off-shs23bn-kilembe-mines-debt
finance 13 August 2026
The Ministry of Finance is requesting parliamentary approval for tax waivers totaling Shs27.78 billion for Fresh Cuts Uganda and New Plan Uganda. Both companies are facing severe financial difficulties that have impacted their ability to meet tax obligations. Source: https://www.parliament.go.ug/news/4553/finance-seeks-shs278-billion-tax-waivers-two-firms
Business 13 August 2026
Microfinance Support Centre discovered that a company - Kurbstone Investments - it was. Source: https://www.monitor.co.ug/uganda/business/markets/the-case-of-microfinance-support-centre-what-happens-when-a-company-you-are-suing-winds-up--5557228
Business 13 August 2026
The Microfinance Support Centre (MSC) faces a legal challenge as Kurbstone Investments, a company it is pursuing for loan recovery, has been officially wound up. This situation raises complex questions about pursuing legal claims against defunct entities. Source: https://www.monitor.co.ug/uganda/business/markets/the-case-of-microfinance-support-centre-what-happens-when-a-company-you-are-suing-winds-up--5557228
economy 13 August 2026
Uganda and Vietnam are moving beyond traditional diplomatic relations to cultivate practical economic partnerships, focusing on trade, investment, technology, and value addition following a significant business forum in Hanoi. Source: https://nilepost.co.ug/news/363334/uganda-vietnam-seek-to-turn-trade-ties-into-investment-and-jobs
news 13 August 2026
The Director General of Rwanda's Food and Drugs Authority (FDA), Professor Emile Bienvenu, has been arrested along with 17 other officials in connection with illicit alcohol production and distribution. This development marks a significant turn in the ongoing nationwide crackdown on non-compliant alcoholic beverages. Source: https://nilepost.co.ug/news/363263/major-plot-twist-as-rwanda-arrests-fda-boss-who-led-alcohol-crackdown
Business 13 August 2026
Frustrated maize suppliers have converged on PRO Industries in Luweero, parking their trucks to protest an alleged Shs3.5 billion in unpaid dues for over 4,000 tonnes of maize delivered in the last two months. The blockade has halted factory operations as suppliers demand immediate settlement or the return of their produce. Source: https://nilepost.co.ug/news/363188/maize-traders-storm-luweeros-pro-industries-protest-shs35bn-unpaid-supplies
Business 13 August 2026
Uganda is actively seeking to attract Vietnamese investment and boost bilateral trade, presenting itself as a strategic entry point for businesses aiming to access the East African and broader African markets. This initiative was highlighted at the recent Việt Nam–Uganda Business Forum in Hà Nội. Source: https://ugandainvest.go.ug/uganda-pitches-itself-as-gateway-for-vietnamese-businesses-into-africa
Business 13 August 2026
Uganda is actively seeking to attract Vietnamese investment and boost bilateral trade, presenting itself as a strategic entry point for companies aiming to access the East African market and beyond. This initiative was highlighted at the Việt Nam–Uganda Business Forum held in Hà Nội. Source: https://ugandainvest.go.ug/uganda-pitches-itself-as-gateway-for-vietnamese-businesses-into-africa
Business 13 August 2026
Uganda is actively promoting itself as a prime entry point for Vietnamese businesses looking to tap into the African market, aiming to boost investment and bilateral trade between the two nations. Source: https://ugandainvest.go.ug/uganda-pitches-itself-as-gateway-for-vietnamese-businesses-into-africa
Business 13 August 2026
Uganda Airlines is embarking on a significant fleet expansion with a $985 million order for 10 Boeing aircraft, aiming to bolster connectivity, introduce dedicated cargo services, and establish Entebbe as a regional aviation hub. The success of this ambitious plan hinges on developing sufficient passenger and cargo traffic, enhancing operational capacity, and maintaining commercial discipline before the new planes arrive. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-airlines-expansion-plan-a-bet-on-connectivity-and-cargo-5556380
Business 13 August 2026
Uganda Airlines has placed a substantial order for 10 Boeing aircraft, signaling an ambitious plan to scale up operations, enhance regional and international connectivity, and establish dedicated cargo services. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-airlines-expansion-plan-a-bet-on-connectivity-and-cargo-5556380
Business 13 August 2026
A recent High Court ruling in Uganda has affirmed that recognized refugees with valid identity cards are legally permitted to work without needing an additional work permit, addressing a long-standing ambiguity in the country's refugee laws. Source: https://www.monitor.co.ug/uganda/business/markets/why-should-refugees-lose-the-right-to-earn-a-living--5556300
Business 13 August 2026
Next Media Group CEO Kin Kariisa is encouraging young Ugandans to view failure as a learning curve, adopt innovation, and proactively create solutions to local challenges rather than waiting for ideal circumstances. Source: https://nilepost.co.ug/news/363160/kin-kariisa-urges-youth-to-embrace-failure-innovation-and-continuous-learning
Business 13 August 2026
Businessman Sulah Lumu, known as Richie The Boss 666, is cultivating a public identity focused on entrepreneurship, leadership, and community service. His ambition extends beyond personal wealth to empowering others and fostering collective growth. Source: https://nilepost.co.ug/news/362988/richie-the-boss-666-the-man-behind-the-name-and-his-ambition-to-build-more-than-a-business
Business 13 August 2026
Businessman Sulah Lumu, publicly known as Richie The Boss 666, is cultivating a persona centered on entrepreneurship, leadership, and community service, aiming to build more than just a business empire. Source: https://nilepost.co.ug/news/362988/richie-the-boss-666-the-man-behind-the-name-and-his-ambition-to-build-more-than-a-business
Business 13 August 2026
UPBC seeks injunction against NCS and UBF to save pro boxing business. Source: https://www.monitor.co.ug/uganda/sports/boxing/august-31-ruling-to-decide-fate-of-professional-boxing-governance-5556190
education 12 August 2026
Social media personality and forex trader Top FX 256 is looking to formalize his online trading community into a structured financial education institution, starting in East Africa. Source: https://www.howwe.ug/news/entertainment/43478/beyond-forex-top-fx-256s-ambition-to-build-a-financial-education-institution-in-east-africa
law 12 August 2026
The Court of Appeal has mandated that law firm Muwema & Co Advocates deposit $100,000 as security for costs to halt the execution of a significant High Court judgment stemming from a property dispute with Downtown Investments Limited. Source: https://www.monitor.co.ug/uganda/news/national/court-of-appeal-orders-muwema-advocates-to-deposit-100-000-over-kololo-property-dispute-5556124
Business 12 August 2026
Uganda's multi-billion dollar shea butter industry faces a dual threat from the rising popularity of synthetic petroleum jellies among younger generations and the destructive charcoal trade, which is decimating the wild Vitellaria nilotica trees. Source: https://www.monitor.co.ug/uganda/news/national/synthetic-craze-and-tree-cutting-threaten-multi-billion-shea-butter-industry-5556026
environment 12 August 2026
A surge in synthetic skincare products and the rampant cutting of shea trees are jeopardizing Uganda's valuable shea butter industry, despite its significant international demand and economic potential. Source: https://www.monitor.co.ug/uganda/news/national/synthetic-craze-and-tree-cutting-threaten-multi-billion-shea-butter-industry-5556026
automotive 12 August 2026
The Mazda CX-60 offers a more powerful and luxurious experience than the popular CX-5, featuring enhanced technology and a premium cabin, but comes with a significantly higher price tag and potential ownership considerations. Source: https://www.monitor.co.ug/uganda/business/auto/cx-60-the-bigger-more-powerful-mazda-5555820
Business 12 August 2026
High cost of business and enterprise operations suffocate SMEs in Uganda, leading to their. Source: https://www.monitor.co.ug/uganda/oped/letters/is-the-ten-fold-growth-strategy-building-castles-in-the-air--5555894
Business 12 August 2026
Real business success is usually less dramatic and more repetitive. It is built through daily. Source: https://www.monitor.co.ug/uganda/oped/letters/patience-is-the-hidden-currency-of-success-5555884
Business 12 August 2026
True business success is often a slow burn, built on consistent daily efforts rather than sudden windfalls. Cultivating patience is identified as a critical, though often overlooked, element for achieving lasting results. Source: https://www.monitor.co.ug/uganda/oped/letters/patience-is-the-hidden-currency-of-success-5555884
economy 12 August 2026
Experts are questioning the feasibility of Uganda's ambitious "Ten-Fold Growth Strategy," citing the pervasive high costs of doing business that stifle Small and Medium Enterprises (SMEs), the backbone of the economy. Source: https://www.monitor.co.ug/uganda/oped/letters/is-the-ten-fold-growth-strategy-building-castles-in-the-air--5555894
Business 12 August 2026
The Ministry of Energy and Mineral Development is requesting Parliament to waive Shs2.6 billion in tax arrears owed by Kilembe Mines Limited. This waiver is part of the process to wind up the state-owned company and facilitate a new mining concession. Source: https://www.parliament.go.ug/news/4545/govt-seeks-shs26-billion-waiver-kilembe-mines-winds
crime 12 August 2026
A 64-year-old Canadian citizen, Michel Faille, is being held at Luzira Prison facing charges related to a significant gold fraud scheme. He is accused of obtaining $1.5 million by false pretences and dealing in minerals without the required license. Source: https://observer.ug/news/canadian-national-remanded-over-alleged-1-5m-gold-scam
Business 12 August 2026
"Anybody who has not failed or made mistakes in business is not a businessman. Business is. Source: https://www.monitor.co.ug/uganda/business/prosper/turning-the-tide-how-to-transform-business-collapse-into-a-comeback-5555098
Business 12 August 2026
Business failure is not the end but a potential launching pad for recovery and growth, according to insights from Uganda's business landscape. Embracing lessons from setbacks can pave the way for a stronger future. Source: https://www.monitor.co.ug/uganda/business/prosper/turning-the-tide-how-to-transform-business-collapse-into-a-comeback-5555098
Business 12 August 2026
India is the only major economy today which potentially has the possibility of following a. Source: https://www.monitor.co.ug/uganda/news/insight/india-s-roadmap-to-development-5555078
Business 12 August 2026
The Uganda Revenue Authority (URA) has expanded the Electronic Fiscal Receipting and Invoicing System (EFRIS) to encompass 12 new business sectors. This move aims to enhance tax compliance and broaden the tax base. Source: https://www.monitor.co.ug/uganda/business/markets/ura-extends-efris-coverage-to-12-sectors--5555056
Business 12 August 2026
Farmers often produce in large quantities but struggle to find profitable markets, leaving them. Source: https://www.monitor.co.ug/uganda/news/national/west-nile-leaders-push-for-revival-of-cooperative-union-5555042
agriculture 12 August 2026
Leaders in Uganda's West Nile region are urging the government to revive the Madi Cooperative Union. They argue its collapse has left farmers without crucial support for marketing, credit, and value addition, hindering agricultural commercialization. Source: https://www.monitor.co.ug/uganda/news/national/west-nile-leaders-push-for-revival-of-cooperative-union-5555042
Business 12 August 2026
Uganda's company registrar has made it clear that falsifying company filings is a serious offense, with no recourse through private arbitration for those caught. Source: https://www.monitor.co.ug/uganda/business/markets/why-faking-a-company-filing-is-a-terrible-idea-5555036
Business 12 August 2026
Athlete vanishing acts damaging team Uganda’s future. Source: https://www.monitor.co.ug/uganda/sports/boxing/-we-can-t-stop-them-uoc-boxing-officials-trade-blame-over-missing-ugandan-athletes-in-scotland-5554872
Business 11 August 2026
After years of listening to job seekers, Wakabi says the job market today requires more than. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/the-man-uganda-s-job-seekers-call-after-rejection-5554740
Business 11 August 2026
A U.S. judge has dismissed criminal charges of bribery and fraud against Indian billionaire Gautam Adani. While Adani welcomed the decision, the judge expressed strong reservations about the process leading to the dismissal. Source: https://nilepost.co.ug/news/362774/us-judge-drops-bribery-and-fraud-case-against-indian-billionaire-gautam-adani
Business 11 August 2026
The directive comes at a time when capital demands across the oil and gas value chain are rising. Source: https://www.monitor.co.ug/uganda/news/national/finance-tasks-unoc-to-tap-alternative-financing-options-5554602
Business 11 August 2026
The Ministry of Finance has directed the Uganda National Oil Company (UNOC) to explore innovative and sustainable financing options, reducing its reliance on government budget support as the nation approaches its first oil production. Source: https://www.monitor.co.ug/uganda/news/national/finance-tasks-unoc-to-tap-alternative-financing-options-5554602
Business 11 August 2026
France has implemented a new law prohibiting unsolicited telemarketing calls, a move consumer advocates are celebrating as a significant consumer victory. The restrictions aim to protect individuals from unwanted sales pitches, though some industries and countries with call centre ties are voicing concerns. Source: https://nilepost.co.ug/news/362709/france-bans-unsolicited-telemarketing-calls
Business 11 August 2026
The mediation drive, scheduled for August 17 to 28, is also intended to reduce the backlog of. Source: https://www.monitor.co.ug/uganda/news/national/judiciary-to-mediate-520-trade-construction-and-corporate-cases-in-two-week-drive-5554414
Business 11 August 2026
The High Court's Commercial Division will conduct a two-week mediation drive from August 17 to 28, aiming to resolve 520 trade, construction, and corporate disputes, thereby unlocking an estimated Shs325 billion in tied-up capital. Source: https://www.monitor.co.ug/uganda/news/national/judiciary-to-mediate-520-trade-construction-and-corporate-cases-in-two-week-drive-5554414
Technology 11 August 2026
Edwin Nguthiru, a Kenyan tech entrepreneur, is developing artificial intelligence systems inspired by the human brain, aiming to drastically reduce the cost and complexity of AI technology. Source: https://www.monitor.co.ug/uganda/business/technology/brain-inspired-ai-how-kenyan-founder-edwin-nguthiru-is-disrupting-high-cost-tech-5554004
Business 11 August 2026
The Finance Ministry’s June 2026 Microeconomic Indicators and Developments report shows that. Source: https://www.monitor.co.ug/uganda/business/prosper/what-explains-the-low-purchasing-power--5553848
economy 11 August 2026
Ugandans are experiencing a significant drop in their ability to afford goods and services, with household spending declining by 14 percent in the third quarter of the 2025/26 financial year. This decline is attributed to a confluence of seasonal supply issues, rising inflation outpacing income growth, and a general consumer shift towards essential spending. Source: https://www.monitor.co.ug/uganda/business/prosper/what-explains-the-low-purchasing-power--5553848
Business 11 August 2026
The District Engineer, Mr Jean Hendrew Okecha, says three of the bridges along one road require. Source: https://www.monitor.co.ug/uganda/news/national/crumbling-bridges-bad-roads-frustrating-business-in-nebbi-5553812
news 11 August 2026
Poorly maintained bridges and roads in Nebbi District are causing significant delays, increasing transport costs, and posing a constant threat to life and limb for residents and businesses. Authorities cite funding shortages as the primary reason for the ongoing neglect. Source: https://www.monitor.co.ug/uganda/news/national/crumbling-bridges-bad-roads-frustrating-business-in-nebbi-5553812
Business 11 August 2026
From farm to factory, Uganda’s push to capture more value from its coffee is gaining traction. Source: https://www.monitor.co.ug/uganda/business/commodities/beyond-the-bean-nakaseke-farmers-eye-new-coffee-economy-as-nonda-value-park-takes-shape-5553782
Business 11 August 2026
A large-scale coffee processing facility, the Nonda Coffee Value Park, is set to revolutionize the coffee economy in Nakaseke and the wider Luwero Triangle, promising better markets for farmers and job opportunities for the community. Source: https://www.monitor.co.ug/uganda/business/commodities/beyond-the-bean-nakaseke-farmers-eye-new-coffee-economy-as-nonda-value-park-takes-shape-5553782
Business 11 August 2026
Kasese Municipality is experiencing a boom in its night economy, fueled by enhanced security and street lighting which are encouraging businesses to extend operating hours and boosting local revenue. However, residents are calling for further investment to expand these benefits beyond the central areas. Source: https://nilepost.co.ug/news/362482/kasese-night-economy-grows-as-security-lighting-boost-trade
Business 10 August 2026
A recent High Court ruling in Uganda has highlighted how a single share can be used to obstruct company operations, challenging the assumption that majority ownership equates to control. The case involved Rocket Health's parent company, where a co-founder's deliberate absence from meetings paralyzed essential business decisions. Source: https://www.monitor.co.ug/uganda/business/prosper/the-illusion-of-majority-ownership-5553634
Business 10 August 2026
As Uganda approaches its first oil production, the nation is focusing on leveraging this resource not just for direct revenue, but as a catalyst for industrial growth, job creation, and long-term economic transformation. Key projects like the EACOP and a planned refinery are central to this strategy. Source: https://www.monitor.co.ug/uganda/business/prosper/oil-wealth-how-uganda-can-cash-in-5553608
Business 10 August 2026
Small and Medium Enterprises with turnover below Shs300 million may deregister from VAT, which. Source: https://www.monitor.co.ug/uganda/business/prosper/vat-threshold-doubled-to-shs300m-what-changes-for-small-businesses--5553596
Business 10 August 2026
Uganda has doubled its Value Added Tax (VAT) registration threshold to Shs300 million, a move aimed at simplifying compliance for small enterprises and allowing the Uganda Revenue Authority (URA) to focus on larger taxpayers. While businesses below the new threshold can deregister from VAT, they will lose the ability to claim input VAT. Source: https://www.monitor.co.ug/uganda/business/prosper/vat-threshold-doubled-to-shs300m-what-changes-for-small-businesses--5553596
Technology 10 August 2026
The Uganda Communications Commission (UCC) is pushing for legislative action to ensure universal digital access, focusing on device affordability and digital literacy rather than just signal expansion. The regulator also emphasized the need to support Uganda's creative industry. Source: https://nilepost.co.ug/news/362398/ucc-pushes-parliament-to-back-universal-digital-access-local-content
Business 10 August 2026
Mr Ambayo noted that practical skills not only boost employability in the open market but also. Source: https://www.monitor.co.ug/uganda/news/national/missed-updf-go-for-vocational-skills-adjumani-boss-advises-unsuccessful-candidates-5553028
Business 10 August 2026
Many Ugandan entrepreneurs delay understanding their tax obligations until their business is already profitable, leading to potential penalties and cash flow issues. Building tax compliance into business operations from the start is crucial for financial discipline and long-term success. Source: https://www.monitor.co.ug/uganda/business/prosper/corporate-tax-how-much-of-your-profit-is-yours--5552886
Business 10 August 2026
A significant percentage of Ugandans continue to experience budget deficits and financial. Source: https://www.monitor.co.ug/uganda/business/prosper/why-informal-earners-struggle-with-finances-5552868
Business 10 August 2026
While Uganda has seen a rise in financial inclusion, individuals in the informal sector continue to struggle with financial management due to irregular incomes and a lack of tailored financial education and products. Source: https://www.monitor.co.ug/uganda/business/prosper/why-informal-earners-struggle-with-finances-5552868
Business 9 August 2026
Tea farmers in Uganda's Kigezi region are experiencing a significant boost as the price of green tea leaves has doubled, offering much-needed relief after a period of sharp declines. Source: https://www.monitor.co.ug/uganda/news/national/kigezi-tea-farmers-upbeat-as-green-leaf-prices-double-5552536
Business 9 August 2026
A significant portion of Ugandan small and medium-sized enterprises (SMEs) lack clarity on their financial performance, hindering their potential for growth and job creation. Source: https://www.monitor.co.ug/uganda/oped/commentary/many-businesses-don-t-know-if-they-are-making-profits-or-losses-5552494
Business 9 August 2026
If Uganda wants small businesses to grow into stronger enterprises that create jobs and wealth. Source: https://www.monitor.co.ug/uganda/oped/commentary/many-businesses-don-t-know-if-they-are-making-profits-or-losses-5552494
Business 9 August 2026
While Uganda's burgeoning oil sector promises significant revenue, historical precedents, particularly from Nigeria, suggest that resource wealth alone is insufficient for sustainable development. The focus must shift to human capital and robust governance. Source: https://www.monitor.co.ug/uganda/oped/commentary/from-nigeria-to-uganda-is-oil-enough--5552492
Politics 9 August 2026
Engineer Moris Thibenda has vehemently denied allegations of receiving over Shs 3.7 billion in consultancy fees from the Uganda Railways Corporation (URC) Capacity Building Project, stating he was never an employee or direct consultant of URC. Source: https://observer.ug/news/engineer-thibenda-denies-receiving-shs-3-7bn-in-consultancy-fees-from-urc
energy 9 August 2026
Uganda and Tanzania have signed a significant agreement to develop a major energy hub at Tanzania's Port of Tanga. This initiative, aimed at creating an integrated energy corridor, could attract over $20 billion in investments, including a proposed oil refinery, and is set to reshape the petroleum landscape in East Africa. Source: https://www.monitor.co.ug/uganda/news/national/uganda-tanzania-eye-tanga-refinery-in-regional-energy-hub-push-5552198
energy 9 August 2026
A significant upgrade to Kampala's electricity transmission network has been completed, promising more stable and reliable power for residents and businesses. The project aims to boost the nation's energy infrastructure and attract further investment. Source: https://www.monitor.co.ug/uganda/news/national/what-newly-upgraded-kampala-power-network-brings-to-ugandans-5551752
Business 8 August 2026
A relatively small tax on converting Real Estate Investment Trust (REIT) structures has become a significant obstacle, preventing the launch of Uganda's first property fund. This tax, introduced in 2022, has disrupted previous tax-free conversion processes. Source: https://www.monitor.co.ug/uganda/business/finance/how-a-small-tax-is-blocking-uganda-s-first-property-fund-5551312
media 8 August 2026
Daily Monitor, a publication renowned for its political reporting and independent stance, is charting its course through the evolving media environment. The newspaper is exploring new strategies to maintain its influence and readership. Source: https://www.monitor.co.ug/uganda/magazines/people-power/what-next-for-daily-monitor--5551568
Business 8 August 2026
Contrary to a 'fintech vs. banks' narrative, the financial technology sector thrives on collaboration, with both entities complementing each other's strengths to better serve businesses and consumers. This synergy is crucial for addressing market gaps and driving innovation. Source: https://www.monitor.co.ug/uganda/magazines/people-power/why-fintech-banks-need-each-other-to-win-5551580
Business 8 August 2026
A single line in Uganda's tax law, imposing a 1.5% stamp duty on property transfers into Real Estate Investment Trusts (REITs), is preventing the country's first property fund from launching. This tax, levied before any revenue is generated, deters developers from utilizing the REIT structure designed to unlock cheaper, long-term financing. Source: https://www.monitor.co.ug/uganda/magazines/people-power/how-a-small-tax-is-blocking-uganda-s-first-property-fund-5551586
Business 8 August 2026
Inspire Africa CEO Nelson Tugume has called on Ugandans to foster positive attitudes towards investments and development projects, warning that resistance hinders economic progress and job creation. He highlighted the Inspire Africa Coffee Park as a prime example of how value addition can transform local economies. Source: https://nilepost.co.ug/news/362039/tugume-urges-ugandans-to-support-investments
Business 8 August 2026
A farmer who produces fish without a clear market risks selling at low prices or keeping fish. Source: https://www.monitor.co.ug/uganda/magazines/farming/water-quality-determines-whether-your-fish-farm-sinks-or-swims-5550550
Business 8 August 2026
Parliament questions restricted rice import permits. Source: https://www.monitor.co.ug/uganda/news/national/rice-traders-accuse-trade-ministry-of-restricting-import-permits-to-25-companies-5550724
Business 8 August 2026
Ugandan rice traders are accusing the Ministry of Trade of unfairly limiting import permits to just 25 companies, leading to border congestion, rising prices, and allegations of market control. Source: https://www.monitor.co.ug/uganda/news/national/rice-traders-accuse-trade-ministry-of-restricting-import-permits-to-25-companies-5550724
Business 7 August 2026
Quality Chemical has also become one of the more actively traded counters on the exchange. Source: https://www.monitor.co.ug/uganda/business/finance/the-price-of-keeping-quality-chemical-investors-happy-5550060
Business 7 August 2026
Following its acquisition by Africa Capitalworks, Quality Chemical Industries Limited has significantly increased its dividend payouts, exceeding profits in recent years while simultaneously undertaking major expansion projects. Source: https://www.monitor.co.ug/uganda/business/finance/the-price-of-keeping-quality-chemical-investors-happy-5550060
Business 7 August 2026
The US economy experienced a surprising job loss of 23,000 positions last month, a stark contrast to analyst expectations of growth. This downturn was largely driven by significant cuts in local government education and retail sectors. Source: https://nilepost.co.ug/news/361877/surprise-fall-in-us-jobs-last-month-as-slow-summer-continues
economy 7 August 2026
Inflation in Uganda has reached its highest point since September 2025, with the cost of fuel, transport, and utilities significantly impacting household budgets, especially for low-income earners. Source: https://www.monitor.co.ug/uganda/business/markets/rising-cost-of-living-low-earners-bear-the-brunt-5550016
Business 7 August 2026
Competition emerged as the biggest challenge, particularly among small and medium-sized. Source: https://www.monitor.co.ug/uganda/business/markets/business-confidence-rises-but-firms-grapple-with-weak-demand-5549992
Business 7 August 2026
Business confidence in Uganda saw a notable jump in the second quarter of 2026, with firms anticipating improved demand and sales. Despite this optimism, challenges like intense competition and weak consumer spending continue to hinder growth. Source: https://www.monitor.co.ug/uganda/business/markets/business-confidence-rises-but-firms-grapple-with-weak-demand-5549992
Business 7 August 2026
The Tax Appeals Tribunal has reopened a Shs13.2 billion tax dispute, allowing businessman James Mansa to challenge a Uganda Revenue Authority (URA) assessment after his lawyer's absence from a hearing was deemed unavoidable due to election petition duties. Source: https://www.monitor.co.ug/uganda/business/finance/tax-tribunal-reopens-shs13-2b-ura-dispute-5549972
aviation 7 August 2026
Uganda Airlines Acting CEO Girma Wake states the national carrier is making strides in improving its reliability and network connectivity, despite ongoing fleet challenges impacting nearly 60% of its capacity. Source: https://nilepost.co.ug/news/361830/interview-reliability-improving-despite-fleet-challenges-says-uganda-airlines-ceo
Entertainment News 6 August 2026
Talent manager Ray Pan is stepping back from the music industry to dedicate his full attention to his restaurant, Mahali Restaurant, citing a lack of expected returns from his music investments. Source: https://www.howwe.ug/news/entertainment/43448/ray-pan-takes-break-from-artist-management-to-focus-on-restaurant-business
Business 6 August 2026
The directive has boosted local businesses as residents scramble for services and materials. Source: https://www.monitor.co.ug/uganda/news/national/trade-order-sparks-boom-for-kabale-service-providers-as-property-owners-rush-to-rebuild-5549430
Business 6 August 2026
A recent trade directive has significantly benefited service providers in Kabale town, as property owners are rushing to rebuild and renovate their structures. Source: https://www.monitor.co.ug/uganda/news/national/trade-order-sparks-boom-for-kabale-service-providers-as-property-owners-rush-to-rebuild-5549430
news 6 August 2026
State Minister for Lands, Dr. Sam Mayanja, has strongly condemned the practice of banks and financial institutions seizing properties developed by Ugandans, labeling the actions as "ugly and inhumane.". Source: https://www.monitor.co.ug/uganda/news/national/namuganza-warns-banks-over-ugly-and-inhumane-property-seizures-5549422
Business 6 August 2026
New initiative targets women-owned businesses with financing and skills training. Source: https://www.monitor.co.ug/uganda/news/national/30-000-low-income-women-in-busoga-to-access-cheap-finance-5549500
economy 6 August 2026
A significant new program is set to empower approximately 30,000 low-income women in the Busoga region by providing access to affordable financial services and essential business development training. Source: https://www.monitor.co.ug/uganda/news/national/30-000-low-income-women-in-busoga-to-access-cheap-finance-5549500
energy 6 August 2026
Presidents Museveni and Samia Suluhu have launched a new phase of energy cooperation between Uganda and Tanzania with a Memorandum of Understanding to develop the Tanga Regional Energy Hub. This partnership aims to bolster regional petroleum infrastructure, industrialization, and cross-border trade. Source: https://statehouse.go.ug/presidents-museveni-and-samia-suluhu-launch-new-phase-of-uganda-tanzania-energy-partnership
energy 6 August 2026
Presidents Yoweri Museveni and Samia Suluhu Hassan have inaugurated a significant new phase of energy cooperation between Uganda and Tanzania. The leaders witnessed the signing of a Memorandum of Understanding to jointly develop the Tanga Regional Energy Hub, aiming to boost regional industrialization and trade. Source: https://statehouse.go.ug/presidents-museveni-and-samia-suluhu-launch-new-phase-of-uganda-tanzania-energy-partnership
energy 6 August 2026
Presidents Museveni and Suluhu have signed a Memorandum of Understanding to boost regional energy cooperation, focusing on the Tanga Regional Energy Hub and enhancing industrialization and trade. Source: https://www.monitor.co.ug/uganda/news/national/museveni-suluhu-sign-new-energy-partnership-5549164
consumer protection 6 August 2026
The Uganda National Bureau of Standards (UNBS) is now requiring cement dealers to have verified weighing scales at their outlets following public outcry over underweight cement bags circulating on the market. Consumers are encouraged to verify bag weights before purchase. Source: https://www.monitor.co.ug/uganda/news/national/unbs-orders-mandatory-weighing-of-cement-bags-to-curb-fraud-5548946
world 6 August 2026
Rwanda's Food and Drugs Authority (RFDA) has temporarily suspended 10 alcoholic brands from Uganda, citing concerns over product standards. Importers have been given three days to recall these beverages from the market. Source: https://www.monitor.co.ug/uganda/news/national/rwanda-suspends-10-ugandan-alcoholic-brands-5548448
Business 6 August 2026
Hamza Mutebi's journey to becoming CEO of Statewide Insurance Company (SWICO) began with selling SIM cards for MTN Uganda and was fueled by a deep-seated curiosity about how businesses operate and create value. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/how-curiosity-powered-mutebi-s-rise-at-swico-5548460
Business 6 August 2026
What began as a safety measure, the vehicle horn has devolved into a source of fear and a trigger for accidents on Ugandan roads, according to experts and recent incidents. Source: https://www.monitor.co.ug/uganda/business/auto/when-excessive-hooting-becomes-a-road-hazard-5548430
Business 6 August 2026
Patrick Mugyenyi's first car, a 1997 Toyota Raum named 'Lubalusewo' by his wife, became a frequent visitor to the mechanic, turning simple errands into unexpected adventures. Source: https://www.monitor.co.ug/uganda/business/auto/wife-named-my-first-car-lubalusewo-5548402
Business 6 August 2026
A slight delay when engaging reverse gear in your car could signal potential automatic transmission issues. While not always a sign of serious damage, it warrants investigation to prevent costly repairs. Source: https://www.monitor.co.ug/uganda/business/auto/why-does-my-reverse-gear-delay-to-engage-should-i-worry--5548396
Business 6 August 2026
For Ugandan drivers, especially those on a budget, understanding real-world fuel consumption and maintenance costs is crucial. A breakdown reveals significant differences between popular car models. Source: https://www.monitor.co.ug/uganda/business/auto/which-of-these-cars-is-most-affordable-to-run-in-terms-of-fuel-and-maintenance--5548386
Business 6 August 2026
The East African Crude Oil Pipeline (EACOP) project has achieved a significant milestone, reaching 91% completion. This progress brings Uganda closer to its goal of commencing oil production before the end of the year. Source: https://www.monitor.co.ug/uganda/news/national/eacop-hits-91-completion-as-uganda-eyes-first-oil-before-year-end-5548350
Business 6 August 2026
The Tax Appeals Tribunal has ruled that the Uganda Revenue Authority (URA) must unseal the premises of a tobacco company following a dispute over tax assessments. The decision comes after the company filed an appeal against the URA's actions. Source: https://www.monitor.co.ug/uganda/business/finance/tribunal-orders-ura-to-unseal-tobacco-company-s-premises-5548302
Business 6 August 2026
Uganda's ambitious infrastructure development is being hampered by significant cost overruns, with projects frequently exceeding initial budgets by substantial margins. This trend raises concerns about project viability and resource allocation. Source: https://www.monitor.co.ug/uganda/business/prosper/inside-the-infrastructure-boom-why-projects-keep-getting-costly-5548342
Business 6 August 2026
Many spend the first part of their working day sitting in traffic, navigating flooded roads or. Source: https://www.monitor.co.ug/uganda/business/prosper/an-economy-beyond-roads-why-kampala-s-urban-push-railway-revival-must-converge-5548320
Business 6 August 2026
Kampala faces significant economic headwinds due to traffic congestion and inadequate infrastructure. Experts are urging a strategic convergence of urban expansion plans with the revival of the railway network to unlock the city's full potential. Source: https://www.monitor.co.ug/uganda/business/prosper/an-economy-beyond-roads-why-kampala-s-urban-push-railway-revival-must-converge-5548320
Business 6 August 2026
Uganda is implementing a new system to facilitate trade settlements directly in Chinese Yuan, aiming to reduce transaction costs and speed up financial exchanges between the two nations. Source: https://www.monitor.co.ug/uganda/business/finance/new-system-to-settle-uganda-china-transactions-in-yuan-5548318
Business 6 August 2026
Hotel investors in the Bunyoro sub-region are racing against the clock to upgrade their facilities and services in anticipation of the 2027 Africa Cup of Nations (AFCON) tournament. Source: https://www.monitor.co.ug/uganda/news/insight/hotel-investors-in-hoima-masindi-prepare-for-2027-afcon-5548306
Business 5 August 2026
Uganda aims for a tenfold economic expansion to reach $500 billion by 2040, a goal that hinges on stringent discipline, significant investment, and a reliable power supply. The nation must overcome current challenges to achieve this ambitious target. Source: https://www.monitor.co.ug/uganda/oped/letters/term-no-more-sleep-can-uganda-hit-500b-by-2040--5548294
Business 5 August 2026
Uganda must mobilize long-term capital, deepen capital markets, strengthen development finance. Source: https://www.monitor.co.ug/uganda/oped/commentary/development-financing-is-critical-for-uganda-s-tenfold-growth-strategy-5548286
Technology 5 August 2026
The burgeoning gaming industry in Uganda holds significant potential to drive economic growth and create employment opportunities, provided it receives adequate support and facilitation. Source: https://www.monitor.co.ug/uganda/news/insight/how-gaming-can-contribute-to-uganda-s-tenfold-growth-strategy-5548254
Business 5 August 2026
Organizations must move beyond viewing Information and Communication Technology (ICT) as merely a support function. Strategic integration, adequate funding, and effective governance are now critical for success in the digital age. Source: https://www.monitor.co.ug/uganda/oped/letters/why-boards-and-leaders-must-rethink-the-role-of-ict-5548296
news 5 August 2026
The government has reopened the Mugobwa Katuugo Gold Exploration Site in Kassanda District, permitting over 3,000 artisanal prospectors to resume operations after a four-month suspension. Prospectors are granted a 12-month grace period to finalize licensing and administrative requirements. Source: https://nilepost.co.ug/news/361470/government-reopens-kassanda-gold-exploration-site-after-four-month-suspension
Business 5 August 2026
The Katikkiro of Buganda has lauded Maganjo Grain Millers for its role in Uganda's economic development through value addition and manufacturing, urging Ugandans to embrace commercial agriculture. Source: https://nilepost.co.ug/news/361351/katikkiro-hails-maganjo-grain-millers-urges-ugandans-to-embrace-commercial-farming
Business 5 August 2026
The operation targeted illegal cross-border trade conducted through non-gazetted, porous. Source: https://www.monitor.co.ug/uganda/news/national/ura-foils-pre-dawn-smuggling-attempt-in-malaba-recovers-80-prohibited-used-computers-5547538
news 5 August 2026
Uganda Revenue Authority (URA) officials intercepted a significant smuggling attempt at the Malaba border, recovering 80 used computers destined for illegal entry. The operation highlights ongoing efforts to combat illicit trade and protect national interests. Source: https://www.monitor.co.ug/uganda/news/national/ura-foils-pre-dawn-smuggling-attempt-in-malaba-recovers-80-prohibited-used-computers-5547538
Business 5 August 2026
When communities elect leaders who view the office as a business, everyone eventually pays. Source: https://www.monitor.co.ug/uganda/special-reports/elections/who-really-wins-when-the-village-elects-its-leader--5547506
Business 5 August 2026
The Capital Markets Authority (CMA) wrote Real Estate Investment Trust (REIT) rules in 2017. Source: https://www.monitor.co.ug/uganda/business/markets/why-the-real-estate-investment-plan-reit-has-taken-nine-years-to-get-off-the-ground-5547456
Business 5 August 2026
Despite regulations being in place since 2017, Uganda has yet to see a single Real Estate Investment Trust (REIT) listed on its stock exchange, lagging behind regional peers like Kenya and Rwanda. This inertia stems from a complex interplay of factors including valuation challenges, land tenure issues, skill gaps, and tax hurdles. Source: https://www.monitor.co.ug/uganda/business/markets/why-the-real-estate-investment-plan-reit-has-taken-nine-years-to-get-off-the-ground-5547456
Business 5 August 2026
Annual headline inflation in Uganda has climbed to 4% for the 12 months ending July, a significant increase attributed primarily to higher prices for housing, water, and electricity. This marks the highest inflation rate seen since September 2025. Source: https://www.monitor.co.ug/uganda/business/markets/inflation-rises-to-4-on-surging-water-and-electricity-costs-5547450
Business 5 August 2026
The High Court's Civil Division has ordered the attachment and potential auction of prime Kampala property valued at over Shs1 billion to settle a Shs173 million debt owed by Springs International Hotel. The ruling comes after a prolonged legal battle involving judgment creditors and the hotel. Source: https://www.monitor.co.ug/uganda/business/finance/court-orders-sale-of-shs1b-property-over-shs173m-debt-5547442
Business 5 August 2026
Uganda is mandating all companies seeking government contracts to register on its new Electronic Government Procurement (eGP 2.0) platform, barring unregistered entities from bidding. This digital overhaul aims to streamline processes, reduce costs, and enhance transparency. Source: https://www.monitor.co.ug/uganda/news/national/firms-to-lose-out-as-govt-procurement-goes-online-5547270
Business 5 August 2026
Too many businesses mistake an operation for an institution. An operation depends on people. Source: https://www.monitor.co.ug/uganda/business/would-your-business-survive-a-transition--5547332
Business 5 August 2026
Many businesses in Uganda operate day-to-day without a robust plan for leadership transitions, potentially jeopardizing their long-term survival. The distinction between a temporary operation and a lasting institution is crucial for sustainable growth. Source: https://www.monitor.co.ug/uganda/business/would-your-business-survive-a-transition--5547332
Business 5 August 2026
Many businesses prioritize daily operations, relying heavily on key individuals and routines, which leaves them vulnerable to disruption. True resilience comes from building robust systems that can withstand change and ensure continuity. Source: https://www.monitor.co.ug/uganda/business/would-your-business-survive-a-transition--5547332
aviation 5 August 2026
Uganda Airlines is set to launch daily flights to Kigali, Rwanda, starting November 18th, intensifying competition with RwandAir on the lucrative Entebbe-Kigali route. The national carrier is also introducing four weekly services to Accra, Ghana. Source: https://nilepost.co.ug/news/361262/uganda-airlines-takes-on-rwandair-with-daily-kigali-flights
innovation 4 August 2026
Forty student innovators from Makerere University's Startup Hatch 1.0 program visited the Uganda Investment Authority's One-Stop Centre to gain insights into business registration, licensing, and compliance requirements. The visit aimed to equip these emerging entrepreneurs with the knowledge needed to navigate the formalization process for their ventures. Source: https://ugandainvest.go.ug/young-innovators-visit-uia-one-stop-centre-to-learn-about-investment-and-business-compliance
Business 4 August 2026
Forty student innovators from Makerere University recently visited the Uganda Investment Authority's One-Stop Centre (OSC) to gain insights into investment processes and business compliance. Source: https://ugandainvest.go.ug/young-innovators-visit-uia-one-stop-centre-to-learn-about-investment-and-business-compliance
Business 4 August 2026
Uganda's government is transitioning its procurement processes online, a move anticipated to significantly streamline operations, reduce costs, and enhance transparency. However, this digital shift is expected to present challenges for businesses accustomed to the previous manual system. Source: https://www.monitor.co.ug/uganda/news/national/firms-to-lose-out-as-govt-procurement-goes-online-5547270
Business 4 August 2026
Life insurance narrows gap with non-life cover in Uganda’s expanding market. Source: https://www.monitor.co.ug/uganda/news/national/why-insurance-uptake-is-expanding-5547260
Business 4 August 2026
Uganda's insurance market is experiencing a notable expansion, with life insurance policies increasingly closing the gap with traditional non-life insurance offerings. Source: https://www.monitor.co.ug/uganda/news/national/why-insurance-uptake-is-expanding-5547260
finance 4 August 2026
Uganda's insurance market is experiencing a notable expansion, with life insurance rapidly closing the gap with non-life cover. This growth is fueled by increased financial awareness, innovative products, and a growing trust in insurers' ability to honour claims. Source: https://www.monitor.co.ug/uganda/news/national/why-insurance-uptake-is-expanding-5547260
Business 4 August 2026
The Dangote Refinery is reportedly preparing for what could be the largest Initial Public Offering (IPO) in Africa's history. Several major African stock exchanges have engaged in discussions regarding a potential listing. Source: https://www.monitor.co.ug/uganda/news/dangote-refinery-set-for-africa-s-biggest-ipo-5547198
Business 4 August 2026
Dangote Refinery is preparing for Africa's biggest Initial Public Offering (IPO), aiming to raise approximately $5 billion to fund expansion and replicate its success in Kenya. The listing is anticipated to conclude by October. Source: https://www.monitor.co.ug/uganda/news/dangote-refinery-set-for-africa-s-biggest-ipo-5547198
government 4 August 2026
Parliament's Public Accounts Committee (PAC) has summoned officials from the Ministry of Energy and Mineral Development to account for over Shs 17 billion allocated to rural electrification projects that remain incomplete. Lawmakers are demanding explanations for stalled works, contractor performance issues, and the awarding of new contracts to firms with a history of failure. Source: https://nilepost.co.ug/news/361248/pac-grills-energy-ministry-over-shs-17bn-abandoned-electricity-projects
Politics 4 August 2026
Members of Parliament are expressing outrage over the dilapidated condition of Uganda's valuable properties in Mombasa, Kenya, valued at Shs96 billion. Concerns are mounting over potential revenue loss due to neglect and uncollected rent. Source: https://www.monitor.co.ug/uganda/news/national/mps-decry-decay-ridden-state-of-uganda-s-shs96b-mombasa-assets-5546552
Business 4 August 2026
While share options are intended to motivate employees and foster ownership, many Ugandan workers find them ineffective due to a lack of understanding and perceived impracticality. Experts suggest better education and clearer implementation are needed to make these incentives beneficial. Source: https://www.monitor.co.ug/uganda/business/prosper/why-share-options-fail-ugandan-workers-5546442
Business 4 August 2026
While share options can be a powerful tool for employee retention and wealth creation, they frequently fall short of their intended goals for Ugandan workers due to various structural and practical challenges. Source: https://www.monitor.co.ug/uganda/business/prosper/why-share-options-fail-ugandan-workers-5546442
Business 4 August 2026
For individuals looking to build wealth securely and accessibly, adopting a consistent investment approach often yields better results than trying to predict market fluctuations. Source: https://www.monitor.co.ug/uganda/business/prosper/why-consistency-beats-timing-in-investment-5546394
Business 4 August 2026
In Uganda's evolving investment landscape, consistently investing smaller amounts often yields better results than attempting to perfectly time market fluctuations. This approach mitigates risk and capitalizes on long-term growth potential. Source: https://www.monitor.co.ug/uganda/business/prosper/why-consistency-beats-timing-in-investment-5546394
Business 4 August 2026
A family council helps preserve not only the business but also the relationships and legacy. Source: https://www.monitor.co.ug/uganda/business/prosper/will-your-legacy-survive--5546310
Business 4 August 2026
Establishing a family council is crucial for safeguarding not only the business itself but also the invaluable relationships and enduring legacy you aim to build. Source: https://www.monitor.co.ug/uganda/business/prosper/will-your-legacy-survive--5546310
Business 4 August 2026
A well-structured family council can be instrumental in safeguarding not just a business's future but also the enduring relationships and overall legacy of a family across generations. Source: https://www.monitor.co.ug/uganda/business/prosper/will-your-legacy-survive--5546310
Business 4 August 2026
According to Ministry of Trade, Industry and Cooperatives officials, the piece of land. Source: https://www.monitor.co.ug/uganda/news/national/masaka-could-lose-chance-to-host-regional-industrial-park-5546230
national 4 August 2026
Masaka District is on the verge of losing the opportunity to host a vital regional industrial park due to ongoing disputes over the allocated land. The Ministry of Trade, Industry, and Cooperatives has issued a stern warning, indicating that the project might be relocated if the land issues are not resolved promptly. Source: https://www.monitor.co.ug/uganda/news/national/masaka-could-lose-chance-to-host-regional-industrial-park-5546230
Business 3 August 2026
The Uganda Registration Services Bureau (URSB) has permanently removed 90,000 companies from its register after they failed to file annual returns for five consecutive years. This action follows a grace period that has now expired. Source: https://www.monitor.co.ug/uganda/news/national/ursb-deregisters-90-000-inactive-companies-in-massive-crackdown-5545816
Business 3 August 2026
Over eighty taxi drivers in Entebbe have become landowners thanks to a collective savings scheme initiated by the Entebbe Fly Express Travelers Association. The program allowed members to invest their pooled annual savings into plots of land in Wakiso District. Source: https://nilepost.co.ug/news/360965/more-than-80-entebbe-taxi-drivers-acquire-land-through-collective-savings-scheme
automotive 3 August 2026
The Kingdom of Eswatini has concluded a technical assessment of Uganda's Kiira Motors Corporation, signaling a potential procurement of locally manufactured Kayoola electric buses. This visit highlights growing regional trust in Uganda's electric vehicle sector and its potential as an exporter of clean mobility solutions. Source: https://nilepost.co.ug/news/360949/eswatini-moves-closer-to-procuring-ugandas-kayoola-electric-buses-after-kiira-motors-assessment
Business 3 August 2026
The Uganda Railways Corporation (URC) has outlined a five-year strategy to become the backbone of the nation's logistics and industrial sector, but a significant funding gap threatens its success. Source: https://www.monitor.co.ug/uganda/business/finance/the-railways-five-year-turnaround-plan-faces-one-big-obstacle-money-5545582
Business 3 August 2026
The standoff has sparked a difficult debate over balancing public infrastructure development. Source: https://www.monitor.co.ug/uganda/news/national/traders-in-limbo-as-ucaa-orders-market-relocation-5545032
Business 3 August 2026
Traders at Nakasero Market in Kampala are facing an uncertain future as the Uganda Civil Aviation Authority (UCAA) has ordered their relocation to pave the way for the expansion of Entebbe International Airport. The directive has ignited concerns over livelihoods and the lack of a clear alternative site. Source: https://www.monitor.co.ug/uganda/news/national/traders-in-limbo-as-ucaa-orders-market-relocation-5545032
national 3 August 2026
Traders at Amber Court Market in Jinja are in limbo following a directive from the Uganda Civil Aviation Authority (UCAA) to relocate the market from land designated for Jinja Airfield expansion. The UCAA cites aviation safety concerns and the need for infrastructure upgrades. Source: https://www.monitor.co.ug/uganda/news/national/traders-in-limbo-as-ucaa-orders-market-relocation-5545032
news 3 August 2026
The newly inaugurated board of Walimu Co-operative Union Ltd has been mandated by the Ministry of Trade to recover over Shs11 billion in unreturned public funds loaned to teachers. Additionally, the board must revive hundreds of dormant teachers' Saccos across the country. Source: https://www.monitor.co.ug/uganda/news/national/teachers-sacco-leaders-to-recover-shs11b-5545012
Business 3 August 2026
Capital One has revealed that anti-money laundering (AML) reviews, not political bias, led to the closure of the Trump Organization's accounts. This marks the first time a bank has formally linked money laundering concerns to the business. Source: https://www.monitor.co.ug/uganda/news/world/trump-organisation-s-accounts-closed-after-anti-money-laundering-probe-bank-says-5545014
national 2 August 2026
Nation Media Group (NMG) Uganda employees describe their experiences navigating an unexpected month-long work stoppage, adapting to new routines, and managing anxieties. Source: https://www.monitor.co.ug/uganda/news/national/how-nmg-staff-navigated-month-of-forced-idleness-5544868
Business 2 August 2026
The minister called on investors to partner with government to unlock opportunities in. Source: https://www.monitor.co.ug/uganda/news/national/minister-sanjay-urges-indian-investors-to-tap-into-uganda-s-stable-economy-5544852
Business 2 August 2026
Uganda is actively seeking foreign direct investment, particularly from Indian businesses, highlighting the nation's stable economic climate and abundant opportunities across various sectors. Source: https://www.monitor.co.ug/uganda/news/national/minister-sanjay-urges-indian-investors-to-tap-into-uganda-s-stable-economy-5544852
Business 2 August 2026
The United Kingdom Maritime Trade Operations has reported three more tanker attacks since. Source: https://www.monitor.co.ug/uganda/news/world/oil-tumbles-as-trump-cancels-attack-on-iran-to-reach-nuclear-deal-5544842
Business 2 August 2026
Global oil prices experienced a significant decline as President Trump announced the cancellation of a military strike against Iran, opting instead for diplomatic engagement towards a nuclear deal. This shift in geopolitical strategy eased immediate supply concerns in the oil market. Source: https://www.monitor.co.ug/uganda/news/world/oil-tumbles-as-trump-cancels-attack-on-iran-to-reach-nuclear-deal-5544842
Business 2 August 2026
we must design a market plumbing that ensures mass-participation: the longer we let banks. Source: https://www.monitor.co.ug/uganda/oped/commentary/govt-bond-market-plumbing-ordinary-investors-unfair-game-5544818
Business 2 August 2026
Uganda Airlines has reportedly secured a beneficial agreement with aircraft manufacturer Boeing, bolstering its plans for fleet expansion and route development. The deal highlights the airline's ambition to grow its regional and international presence. Source: https://www.monitor.co.ug/uganda/news/national/how-uganda-airlines-secured-sweet-deal-with-boeing-in-its-growth-quest-5544794
law 2 August 2026
The Civil Division of the High Court has ruled that Smart Protus Magara must personally refund over $135,000 to two Tanzanian investors who lost their money in the collapsed D9 Investment Club Ponzi scheme. Source: https://observer.ug/news/court-orders-magara-to-refund-135000-lost-in-d9-ponzi-scheme
crime 2 August 2026
Authorities in the Savannah region are seeking two former Umeme employees, identified as Isma and Juma, in connection with a suspected criminal ring involved in stealing and vandalizing electricity infrastructure. The operation intensified after police recovered stolen wires. Source: https://observer.ug/news/two-former-umeme-employees-wanted-over-power-infrastructure-vandalism
Business 2 August 2026
Nearly all agricultural products need some processing before they are eventually consumed. Source: https://www.monitor.co.ug/uganda/magazines/farming/why-farming-is-key-factor-in-our-economy-5544316
Business 2 August 2026
Uganda seeks to grow its economy from an estimated Gross Domestic Product (GDP) of $69 billion. Source: https://www.monitor.co.ug/uganda/news/national/oil-wealth-a-catalyst-for-long-term-economic-transformation-minister-musenero-5544064
news 1 August 2026
The contractor for the Shs692 billion Masaka-Kyotera-Mutukula road project has been given a strict 90-day ultimatum to expedite works, as only 23% of the project has been completed to date. Source: https://www.monitor.co.ug/uganda/news/national/contractor-given-90-day-ultimatum-to-complete-shs692b-masaka-kyotera-mutukula-road-works-5543980
Business 1 August 2026
Foreign exchange market analysts attribute the local currency's improved stability to healthy. Source: https://www.monitor.co.ug/uganda/news/national/uganda-shilling-regains-footing-as-corporate-demand-dollar-inflows-balance-market-5543464
Business 1 August 2026
The Uganda shilling has shown renewed strength in the foreign exchange market, driven by a balanced interplay of increased corporate demand for the dollar and a surge in foreign currency inflows. Source: https://www.monitor.co.ug/uganda/news/national/uganda-shilling-regains-footing-as-corporate-demand-dollar-inflows-balance-market-5543464
Business 1 August 2026
An insightful perspective from business leader Ms. Kalunda emphasizes the critical importance of learning to accept defeat as a vital skill for personal and professional growth. She advocates for resilience and a growth mindset over a sole focus on accolades. Source: https://www.monitor.co.ug/uganda/business/-it-s-important-in-life-that-we-all-learn-how-to-lose--5543446
Business 31 July 2026
Without complete documentation, royalty distribution becomes increasingly complex. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/what-royalty-row-reveals-about-business-of-music-5543246
Entertainment News 31 July 2026
A recent dispute highlights the significant challenges in distributing music royalties in Uganda due to incomplete documentation and opaque industry practices. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/what-royalty-row-reveals-about-business-of-music-5543246
Business 31 July 2026
Uganda has seen a significant drop in government bond yields, with the treasury rejecting substantial investor bids in July auctions. This trend indicates a shift in the market and raises questions about future investment strategies. Source: https://www.monitor.co.ug/uganda/business/markets/what-next-after-uganda-s-bond-yields-keep-falling--5543244
Business 31 July 2026
The High Court has rejected an application by Mathias Magoola, proprietor of Dei Biopharma and DEI Industries International, to halt an independent audit into significant loan facilities with Equity Bank across Uganda and Kenya. This decision allows the audit to proceed as scheduled. Source: https://observer.ug/news/magoola-loses-bid-to-block-independent-audit-into-dei-biopharma-bank-loans
Business 31 July 2026
Global oil prices experienced a notable increase after Iran announced it had intercepted and stopped several oil tankers in the Strait of Hormuz, a critical chokepoint for global oil transport. Source: https://www.monitor.co.ug/uganda/news/world/oil-price-rises-after-iran-says-it-stops-ships-in-hormuz-5543034
news 31 July 2026
The government has rejected a proposal from the Uganda National Bureau of Standards (UNBS) to spend its collected revenue at the source. This decision requires UNBS to continue remitting all its collections to the Consolidated Fund. Source: https://www.monitor.co.ug/uganda/news/national/govt-rejects-unbs-proposal-to-spend-revenue-at-source-5542804
Business 31 July 2026
Held under the theme "Beyond the Crown: Women Thriving in Professional, Creative and Business. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/queens-affair-leadership-business-and-purpose-above-the-crown-5542678
lifestyle 31 July 2026
The inaugural Queens Affair event in Kampala aimed to shift the focus of beauty pageants from physical appearance to leadership, business, and personal development, empowering women to leverage their titles for greater impact. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/queens-affair-leadership-business-and-purpose-above-the-crown-5542678
lifestyle 31 July 2026
The "Beyond the Crown" event highlighted women's achievements in professional, creative, and business spheres, emphasizing leadership and purpose over societal expectations. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/queens-affair-leadership-business-and-purpose-above-the-crown-5542678
Business 31 July 2026
The temporary closure of the Daily Monitor newspaper has significantly impacted the livelihoods of vendors and distributors in Kampala, with many reporting substantial financial losses. Source: https://www.monitor.co.ug/uganda/news/national/how-monitor-closure-affected-livelihoods-5542660
Health 30 July 2026
President Yoweri Museveni has called for strengthened collaboration between Uganda and the United Kingdom, focusing on public health, pharmaceutical manufacturing, and medical research to improve disease prevention and healthcare access. Source: https://nilepost.co.ug/news/360390/museveni-calls-for-stronger-uganda-uk-partnership-in-healthcare-pharmaceutical-manufacturing
Business 30 July 2026
The Ministry of Finance has evolved significantly over the past four decades. Source: https://www.monitor.co.ug/uganda/business/finance/musasizi-sets-five-tests-for-his-tenure-as-finance-minister-5542498
Business 30 July 2026
Newly appointed Finance Minister, Mr. Mwesigwa Rukutana, is set to tackle five critical tests during his tenure, aiming to steer Uganda's economic ship through turbulent waters. Source: https://www.monitor.co.ug/uganda/business/finance/musasizi-sets-five-tests-for-his-tenure-as-finance-minister-5542498
Business 30 July 2026
While Uganda is increasingly attracting investors through higher returns, Tanzania is. Source: https://www.monitor.co.ug/uganda/business/markets/east-africa-s-property-market-splitting-into-three-distinct-stories-5542502
Business 30 July 2026
The East African property market is undergoing a significant shift, with Uganda emerging as a prime destination for investors seeking higher returns. In contrast, Tanzania is grappling with challenges that are impacting its real estate sector. Source: https://www.monitor.co.ug/uganda/business/markets/east-africa-s-property-market-splitting-into-three-distinct-stories-5542502
parliament 30 July 2026
Uganda's parliamentary committee handling infrastructure is set to summon businessman Godfrey Kirumira following allegations that his company, Philadelphia Trade and Industry Limited, has illegally secured a 99-year lease on prime land belonging to the Uganda Railways Corporation (URC). Source: https://www.parliament.go.ug/news/4519/legislators-probe-businessman-over-uganda-railways-land
Technology 30 July 2026
American Tower Corporation (ATC) Uganda has donated Shs20.9 billion to the Uganda Communications Universal Service and Access Fund (UCUSAF) to expand digital connectivity in areas with limited infrastructure. The initiative aims to bridge the digital divide and foster greater participation in the digital economy. Source: https://nilepost.co.ug/news/360309/atc-uganda-gives-ucc-shs209-billion-to-expand-digital-access-across-underserved-communities
Business 30 July 2026
Mr Museveni said Uganda remains committed to working closely with friendly nations. Source: https://www.monitor.co.ug/uganda/news/national/museveni-urges-east-africa-to-drop-trade-barriers-as-new-envoys-take-office-5541816
Politics 30 July 2026
President Yoweri Museveni has urged East African Community (EAC) member states to dismantle trade barriers, emphasizing the importance of seamless regional integration and cooperation as new envoys assume their diplomatic roles. Source: https://www.monitor.co.ug/uganda/news/national/museveni-urges-east-africa-to-drop-trade-barriers-as-new-envoys-take-office-5541816
automotive 30 July 2026
A high-level delegation from Eswatini has lauded Uganda's automotive manufacturing progress after touring the Kiira Vehicle Plant in Jinja, Africa's largest bus manufacturing facility. The visitors were particularly struck by the country's advancements in electric mobility and bus production for the African market. Source: https://nilepost.co.ug/news/360297/eswatini-officials-awestruck-by-kiira-motors-vehicle-plant
Business 30 July 2026
The Uganda Bureau of Statistics (UBOS) has committed to enhancing its collaboration with the private sector, specifically with Roofings Limited, to leverage quality data for evidence-based industrial growth and planning. Source: https://nilepost.co.ug/news/360271/roofings-ubos-deepen-partnership-on-data-driven-industrial-growth
Business 30 July 2026
Uganda has successfully leveraged its strategic position in the Kenya Pipeline Company (KPC) deal, securing two crucial board seats. This development comes at a critical moment, presenting both challenges for Kenya and significant advantages for Uganda. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-s-kpc-bargain-pays-off-with-two-board-seats--5541676
Business 30 July 2026
dfcu Bank has issued a profit warning to its shareholders, indicating that its financial performance for the current period will be significantly lower than previously anticipated. This downturn is largely attributed to challenges stemming from the acquisition of Crane Bank. Source: https://www.monitor.co.ug/uganda/business/finance/how-crane-bank-s-ghost-is-still-haunting-dfcu-5541646
Business 30 July 2026
Uganda banks on rail revival to boost coffee export competitiveness. Source: https://www.monitor.co.ug/uganda/news/national/uganda-railways-returns-to-coffee-export-business-after-eight-years-cuts-freight-costs-5541334
Business 30 July 2026
After an eight-year hiatus, Uganda Railways Corporation has restarted its coffee export operations. This move is expected to significantly reduce freight costs and enhance the competitiveness of Ugandan coffee in the international market. Source: https://www.monitor.co.ug/uganda/news/national/uganda-railways-returns-to-coffee-export-business-after-eight-years-cuts-freight-costs-5541334
Business 29 July 2026
A Shs 3 billion probe into Uganda Airlines' public relations spending has reportedly stalled following the departure of former CEO Jennifer Bamuturaki. The investigation was initiated to address negative publicity but has since lost momentum amidst ongoing management changes. Source: https://observer.ug/news/uganda-airlines-hit-with-stalled-shs-3bn-media-probe
Health 29 July 2026
President Yoweri Museveni has expressed strong support for the HUVET Bio-Science Park, viewing it as a crucial development to achieve Uganda's vaccine sovereignty and establish the nation as a biotechnology leader in the region. Source: https://statehouse.go.ug/president-museveni-backs-huvet-bio-science-park-to-advance-ugandas-vaccine-sovereignty
Business 29 July 2026
The State House Investors Protection Unit (SHIPU) has lauded Avani Global Agri and Avani Smarts Farm for their significant investment in Uganda, particularly in agro-processing and electric mobility. Col. Edith Nakalema emphasized that this expansion contributes vitally to the nation's industrialization and economic transformation. Source: https://statehouse.go.ug/col-nakalema-commends-agro-processing-investors-for-expanding-ugandas-industrial-future
Business 29 July 2026
A new $200-248 million agro-industrial project, Nonda Coffee Park, is set to break ground in Nakaseke District, aiming to become East and Central Africa's largest coffee processing facility and boost Uganda's export earnings. Source: https://ugandainvest.go.ug/200-million-nonda-coffee-park-opening-in-uganda
energy 29 July 2026
Uganda's ambitious oil projects, Tilenga and Kingfisher, are significantly advanced, with substantial well drilling and infrastructure development nearing fruition. The East African Crude Oil Pipeline also shows considerable progress, propelling the nation closer to its first oil production. Source: https://ugandainvest.go.ug/uganda-oil-update-progress-towards-first-oil
football 29 July 2026
Fifa president Gianni Infantino is proposing to sell stakes in the organization's major competitions, offering member associations $40 million if they support the plan. This initiative has drawn swift condemnation from various football confederations. Source: https://nilepost.co.ug/news/359972/fifa-offers-40m-if-nations-back-controversial-plan
community 28 July 2026
Uganda Baati has officially begun roofing works for the new sanctuary of St. Paul Church of Uganda Nyangilia in Koboko District, a project valued at approximately Shs515 million. The commencement marks a significant step towards completing the much-needed larger place of worship for the growing congregation. Source: https://nilepost.co.ug/news/359770/uganda-baati-takes-over-roofing-at-kobokos-st-paul-church-of-uganda-nyangilia
Business 27 July 2026
President Yoweri Museveni has announced government backing for the $200 million Nonda Coffee Park in Nakaseke District. This agro-industrial initiative aims to significantly enhance Uganda's coffee sector through domestic processing, job creation, and expanding export markets. Source: https://statehouse.go.ug/president-museveni-backs-usd200-million-nonda-coffee-park-project-to-boost-ugandas-coffee-value-addition
Business 25 July 2026
The Uganda Registration Services Bureau (URSB) has revoked the appointment of Agaba Maguru as a director in three companies linked to the late businessman James Garuga Musinguzi, deeming the process unlawful. This decision stems from a challenge lodged by former minister Mathew Rukikaire. Source: https://observer.ug/news/rukikaire-successfully-challenges-control-of-late-garugas-companies
agriculture 25 July 2026
Special Presidential Assistant Yiga Kissakyamukama has turned President Museveni's call for leaders to practice wealth creation into a thriving commercial agriculture enterprise, inspiring youth in Gomba District. Source: https://statehouse.go.ug/presidential-assistant-kissakyamukama-turns-president-musevenis-wealth-creation-message-into-a-thriving-commercial-agriculture-enterprise
Health 25 July 2026
The Uganda Insurers Association (UIA) has donated vital medical equipment to Bugembe Health Centre IV in Jinja City. This contribution aims to enhance the facility's capacity to serve thousands of residents and underscores the insurance sector's commitment to community well-being. Source: https://nilepost.co.ug/news/359122/uganda-insurers-association-donates-medical-equipment-to-bugembe-health-centre-iv
Business 24 July 2026
Manufacturers are calling for urgent reforms at the Uganda National Bureau of Standards (UNBS), citing lengthy certification delays that hinder competitiveness and expose consumers to substandard goods. Source: https://www.parliament.go.ug/index.php/news/4513/manufacturers-call-faster-certification
Business 24 July 2026
The Commercial Division of the High Court has successfully resolved nearly Shs91 billion in disputed cases during a concentrated two-week mediation initiative. The drive, focused on financial and credit-related disputes, saw a high resolution rate and significant financial recovery. Source: https://nilepost.co.ug/news/358932/commercial-court-unlocks-cases-worth-shs90bn-during-two-week-mediation-drive
Technology 24 July 2026
Next Media Group CEO Kin Kariisa has urged Uganda to shift its focus from merely expanding internet access to actively leveraging digital infrastructure for job creation, business development, and innovation. He emphasized that the country has overcome initial connectivity challenges and must now prioritize deriving tangible economic benefits from its digital advancements. Source: https://nilepost.co.ug/news/358914/kin-kariisa-says-uganda-must-turn-digital-connectivity-into-economic-opportunity
Technology 24 July 2026
The third State of the Digital Economy (SODE) conference has emphasized a critical shift for Uganda: moving beyond merely expanding internet access to actively creating jobs, fostering businesses, and driving innovation through technology. The focus is now on tangible economic benefits derived from digital transformation. Source: https://nilepost.co.ug/news/358903/ai-is-an-opportunity-for-those-ready-to-adapt-says-joy-mwangi
Technology 24 July 2026
The State of the Digital Economy Symposium buzzed with energy as young learners and innovative exhibitors showcased advancements and engaged in discussions with industry leaders. The event highlighted technological solutions and fostered a collaborative environment for future digital growth. Source: https://nilepost.co.ug/news/358890/photos-young-learners-exhibitors-light-up-state-of-digital-economy-symposium
Technology 24 July 2026
As Uganda increasingly embraces digital services and emerging technologies like AI, the focus must shift from mere internet access to building robust digital trust and security, according to NITA-U's Johnson Tumusiime. This new phase of digital transformation hinges on ensuring citizens feel confident and secure using online platforms. Source: https://nilepost.co.ug/news/358874/nita-us-tumusiime-says-digital-trust-is-ugandas-next-transformation-challenge
Sports 24 July 2026
Uganda's champion runner Joshua Cheptegei revealed that a pair of shoes bought by his mother during a vacation was a pivotal moment that propelled him towards a breakthrough in his athletics career within a year. He shared his journey in a podcast interview with I&M Bank Uganda CEO. Source: https://nilepost.co.ug/news/358864/my-mother-bought-me-shoes-during-vacation-and-i-had-my-breakthrough-within-a-year-cheptegei
Technology 24 July 2026
At the third annual State of the Digital Economy conference, experts called for Uganda to move beyond simply expanding internet access and instead focus on leveraging digital connectivity to create jobs, foster entrepreneurship, and become a regional exporter of digital services. Source: https://nilepost.co.ug/news/358819/uganda-urged-to-turn-digital-connectivity-into-jobs-and-economic-growth-at-state-of-the-digital-economy-2026
news 23 July 2026
Parliament has ordered Uganda Railways Corporation (URC) Managing Director Benon Kajuna to report to the Directorate of Criminal Investigations (CID) following the unexplained disappearance of 394 railway wagons valued at over Shs 220 billion. The directive comes after the physical infrastructure committee expressed dissatisfaction with URC's handling of the missing assets. Source: https://observer.ug/news/uganda-railways-boss-kajuna-on-spot-as-394-wagons-worth-shs-220bn-disappear
Business 23 July 2026
Global oil prices have breached the $100 per barrel mark for the first time since May, driven by escalating conflict in the Middle East and attacks on key shipping routes. Source: https://nilepost.co.ug/news/358777/oil-prices-hit-100-for-the-first-time-since-may
Business 23 July 2026
Manufacturers in Uganda are calling for significant reforms at the Uganda National Bureau of Standards (UNBS) to expedite product certification, citing lengthy delays that hinder competitiveness and expose consumers to substandard goods. A review of the UNBS Act is deemed crucial to clarify roles and improve operational efficiency. Source: https://www.howwe.ug/news/national/43360/manufacturers-call-for-faster-certification
Business 23 July 2026
Manufacturers in Uganda are calling for urgent reforms at the Uganda National Bureau of Standards (UNBS), citing significant delays and operational inefficiencies that hamper their competitiveness and expose consumers to substandard goods. Source: https://www.parliament.go.ug/news/4513/manufacturers-call-faster-certification
economy 22 July 2026
Uganda experienced a significant boost in merchandise export earnings, reaching $1.346 billion in May 2026, a 12.8% increase compared to the same period last year. This growth was primarily propelled by strong performance in gold, tobacco, oil re-exports, and electricity. Source: https://ugandainvest.go.ug/monthly-export-earnings-hit-1-193-billion-in-may-2026
agriculture 22 July 2026
The Butanga Karweru Beekeepers Group in Kabale District has received Shs26.8 million worth of modern beekeeping equipment, a significant boost from the Uganda Climate Smart Agricultural Transformation Project (UCSATP). This initiative aims to enhance honey production and improve the livelihoods of its members. Source: https://nilepost.co.ug/news/358180/kabale-beekeepers-receive-shs268m-equipment-to-boost-honey-production
Health 21 July 2026
The U.S. Food and Drug Administration (FDA) has issued preliminary feedback that supports Dei BioPharma's development plan for a less expensive version of a major cancer immunotherapy. This guidance, provided under the FDA's Biosimilar Development program, outlines key steps and potential waivers for studies. Source: https://nilepost.co.ug/news/358144/fda-clears-key-development-plan-for-dei-biopharma-cancer-biosimilar
law 21 July 2026
The High Court in Kampala has ordered the Uganda Revenue Authority (URA) to pay Shs 1.66 billion in compensation after unlawfully auctioning donated medical equipment valued at Shs 1.46 billion for a mere Shs 4 million. The court found URA failed to follow mandatory legal procedures in disposing of the sensitive medical goods. Source: https://observer.ug/news/ura-fined-shs-1-66bn-over-auctioning-shs-1-4bn-medical-equipment-at-shs-4m
manufacturing 21 July 2026
Pearl of Africa Hygiene Limited has commenced operations at the MMP Buikwe Industrial Park, introducing "Tiny Hugs" disposable baby diapers, touted as "Africa's softest." The company aims to meet the growing demand for hygiene products in Uganda and the wider East African market. Source: https://ugandainvest.go.ug/pearl-of-africa-hygiene-limited-starts-production-of-africas-softest-diaper
Business 21 July 2026
Soroti Fruit Factory has initiated a significant $21 million expansion to boost its processing capabilities and product range. However, a temporary halt in fruit procurement during construction has sparked worry among local farmers and leaders about market access. Source: https://nilepost.co.ug/news/357957/soroti-fruit-factory-suspends-fruit-purchases-as-us21-million-expansion-gets-underway
law 20 July 2026
The Judicial Training Institute and the International Development Law Organization have partnered to conduct a three-day training for Tax Appeals Tribunal officials, focusing on improving judgment writing, mediation, and the overall delivery of tax justice in Uganda. Source: https://nilepost.co.ug/news/357908/judicial-trainers-sharpen-tax-tribunal-officers-judgment-writing-skills
Technology 20 July 2026
Centenary Group, via its tech arm Cente-Tech, has partnered with MicroPay Uganda to co-develop digital solutions aimed at enhancing access to education, healthcare, and insurance services, focusing on inclusion for underserved communities. Source: https://nilepost.co.ug/news/357705/centenary-group-micropay-partner-to-expand-digital-access-to-education-healthcare-insurance-services
news 20 July 2026
South Sudan has implemented a revised visa policy, significantly altering entry fees for Ugandans and other regional travelers. The new regime introduces tiered pricing, with single-entry visas costing up to Shs185,000 and multiple-entry visas reaching Shs924,000 for Ugandans. Source: https://nilepost.co.ug/news/357736/ugandans-to-pay-up-to-shs920000-for-south-sudan-visa-under-new-entry-rules
Business 17 July 2026
The Ugandan government has endorsed the proposed East African Digital and Trade Transformation Summit, aiming to bolster regional integration, foster digital innovation, and enhance trade and investment opportunities within the COMESA framework. Source: https://nilepost.co.ug/news/357269/uganda-backs-east-african-digital-summit-to-boost-regional-trade-and-innovation
tech 17 July 2026
The Uganda Communications Commission (UCC) has temporarily suspended enforcement actions against unlicensed internet hotspot operators. This pause is to allow for consultations with the operators to develop a suitable regulatory framework for the sector. Source: https://nilepost.co.ug/news/357136/ucc-suspends-crackdown-on-hotspot-operators
Business 17 July 2026
Uganda is set to boost its energy security and drive industrialization with a new oil refinery located in Hoima City. The facility will not only produce essential fuel products but also serve as a foundation for a burgeoning petrochemical industry. Source: https://ugandainvest.go.ug/quick-facts-about-ugandas-oil-refinery
Business 17 July 2026
I&M Bank Uganda has launched its new 'On Your Side' campaign, signifying a commitment to customer support and community development. Ugandan athletics icon Joshua Cheptegei has been named the face of the campaign and will also partner with the bank for a three-year initiative supporting community projects. Source: https://nilepost.co.ug/news/357079/im-bank-announces-three-year-partnership-with-joshua-cheptegei-to-drive-on-your-side-campaign
Business 17 July 2026
Uganda's Deputy Speaker Thomas Tayebwa, also President of the OACPS Parliamentary Assembly, has called on member states to prioritize trade, industrialization, and value addition. He specifically urged the bloc to cease exporting raw minerals and instead focus on processing them domestically to boost economic growth and citizen livelihoods. Source: https://nilepost.co.ug/news/357037/tayebwa-urges-oacps-to-champion-value-addition-and-end-raw-mineral-exports
news 16 July 2026
A military delegation from nine African nations touring Uganda visited Dei BioPharma Ltd., praising its pharmaceutical manufacturing capabilities as a crucial step towards continental self-sufficiency and applauding Uganda's commitment to sharing technology. Source: https://nilepost.co.ug/news/357016/mali-military-college-delegation-praises-ugandan-pharmaceutical-plant-as-model-for-africa
Business 16 July 2026
President Yoweri Museveni has emphasized that securing reliable markets is crucial for driving Uganda's industrial growth and boosting production. He stated that access to consistent demand is the primary stimulus for farmers and industries to increase their output. Source: https://nilepost.co.ug/news/356874/museveni-says-reliable-markets-key-to-driving-ugandas-industrial-growth
Business 16 July 2026
Uganda's Institute of Certified Public Accountants (ICPAU) is calling on its members to play a more strategic role in achieving the nation's vision of a US$500 billion economy. Professionals are encouraged to provide leadership, accountability, and policy engagement to drive growth in key sectors. Source: https://nilepost.co.ug/news/356865/icpau-calls-for-professional-leadership-to-drive-ugandas-us500-billion-economic-vision
news 16 July 2026
Ugandans are being strongly encouraged to adopt proactive estate planning to secure family assets, avoid inheritance conflicts, and ensure the longevity of businesses. The call was emphasized at a symposium highlighting the pervasive issue of property disputes stemming from a lack of succession planning. Source: https://nilepost.co.ug/news/356862/estate-planning-key-to-protecting-wealth-preventing-family-disputes
Business 16 July 2026
The Ugandan government is backing the development of a significant medical industrial estate, an initiative poised to boost the local pharmaceutical and healthcare manufacturing sector. This ambitious project is valued at approximately $50 million USD. Source: https://ugandainvest.go.ug/a-50-million-medical-industrial-estate-is-being-set-in-uganda
Business 16 July 2026
Ugandan pharmaceutical company Quality Chemicals Limited is significantly expanding its production capabilities with a new manufacturing plant in the Luzira Industrial and Business Park. The expansion aims to increase the output of vital antiretroviral and antimalarial drugs while introducing treatments for tuberculosis, sickle-cell disease, and injectable medicines. Source: https://ugandainvest.go.ug/ugandan-pharma-company-quality-chemicals-is-expanding-its-manufacturing-capacity
Business 16 July 2026
French Ambassador to Uganda, H. E. Virginie Leroy, announced that French investments in the country have reached $4.2 billion for the period 2024-2027. This significant inflow highlights France's confidence in Uganda's economic prospects and diverse sectors. Source: https://ugandainvest.go.ug/french-investments-in-uganda-hit-the-4-2-billion-mark
Business 16 July 2026
President Yoweri Museveni has championed import substitution by opening a new Shs16 billion National Enterprise Corporation meat and beans processing plant in Gomba, emphasizing Uganda's potential to locally produce goods currently imported for military rations. Source: https://nilepost.co.ug/news/356744/museveni-launches-nec-meat-plant-pushes-uganda-to-end-military-ration-imports
Health 16 July 2026
Ugandan government officials, led by the Ministries of Finance and Health, have expressed optimism about local drug manufacturing prospects following a visit to the Dei BioPharma facility. The move signals potential government support to boost domestic pharmaceutical production and reduce reliance on imports. Source: https://observer.ug/news/atwine-government-will-buy-dei-medicines
Business 16 July 2026
The Presidential Advisory Committee on Exports and Industrial Development (PACEID) has launched the Uganda Connect International Buyers’ Week 2026, an initiative designed to connect Ugandan exporters with international buyers and attract foreign investment. Source: https://nilepost.co.ug/news/356682/paceid-launches-uganda-connect-buyers-week-to-boost-global-trade
travel 16 July 2026
On July 16, 1997, Hotel Africana opened its doors in Kampala, a significant moment for local enterprise in a sector then dominated by foreign brands. Businessman Hajj Bulaimu Muwanga Kibirige (BMK) realized his vision for a premier Ugandan hotel with its inauguration by President Museveni. Source: https://nilepost.co.ug/news/356670/today-in-history-hotel-africana-opens-its-doors-in-kampala
Business 15 July 2026
Spiro Uganda has officially named popular Ugandan musician Fik Fameica as its new brand ambassador. The move aims to leverage the artist's influence to promote electric mobility and sustainable transport solutions across the nation. Source: https://nilepost.co.ug/news/356660/spiro-uganda-unveils-fik-fameica-as-brand-ambassador
Business 15 July 2026
Ugandan entrepreneur Abraham Luzzi is carving a niche as a vocal advocate for governance reform, leveraging his business acumen to promote public accountability and economic transformation. Source: https://nilepost.co.ug/news/356621/abraham-luzzi-entrepreneur-championing-governance-reform-and-public-accountability
Business 15 July 2026
President Yoweri Museveni has officially opened the National Enterprise Corporation (NEC) Meat and Beans Processing Factory in Gomba District, urging farmers to embrace commercial farming to boost Uganda's agro-industrial sector and create value addition. Source: https://statehouse.go.ug/president-museveni-commissions-nec-meat-and-beans-processing-factory-urges-farmers-to-drive-agro-industrialisation
Business 15 July 2026
A premium lot of Natural Geisha coffee from Uganda's Rwenzori Estate Farm has achieved a groundbreaking price of $350.02 per kilogram at a specialty auction in London, signaling a significant shift in value creation for the nation's coffee sector. Source: https://ugandainvest.go.ug/ugandan-coffee-fetches-record-350-per-kilogramme-at-london-auction
automotive 15 July 2026
Many Ugandans are reconsidering the traditional choice of used imported cars due to unpredictable costs and maintenance issues. This trend is driving increased interest in new vehicles, with offers aiming to provide greater peace of mind. Source: https://nilepost.co.ug/news/356363/why-more-ugandans-are-moving-away-from-used-car-uncertainty
Politics 15 July 2026
President Yoweri Museveni has returned two tax amendment bills to Parliament, expressing concerns that certain provisions could lead to unfair business competition, tax evasion, and negative economic impacts. The bills, which were passed by the previous Parliament, address changes to income tax and excise duty. Source: https://www.parliament.go.ug/index.php/news/4488/president-museveni-returns-two-tax-bills-parliament
government 14 July 2026
The Ministry of Finance is requesting Parliament to approve tax remissions totaling over Shs16.8 billion for the Uganda Printing and Publishing Corporation (UPPC), K-Roma Limited, and Ankole Western University. The waivers are sought due to documented financial hardships faced by these organizations. Source: https://www.parliament.go.ug/news/4487/govt-seeks-shs16-billion-tax-waivers-local-companies
Business 14 July 2026
The Ministry of Finance is requesting parliamentary approval for tax waivers totaling over Shs16.8 billion for three Ugandan entities: Uganda Printing and Publishing Corporation (UPPC), K-Roma Limited, and Ankole Western University. Source: https://www.parliament.go.ug/index.php/news/4487/govt-seeks-shs16-billion-tax-waivers-local-companies
Business 14 July 2026
A massive traffic jam involving nearly 35 kilometers of cargo trucks has paralyzed operations at the Malaba border crossing. Truckers and clearing agents attribute the severe congestion to the Uganda Revenue Authority's (URA) reintroduction of metallic electronic cargo seals, leading to significant trade disruptions. Source: https://nilepost.co.ug/news/356006/malaba-traffic-snarl-deepens-as-ura-defends-reinstated-cargo-seals
news 14 July 2026
A nearly 35-kilometer queue of cargo trucks has paralyzed operations at the Malaba border, with transporters blaming the Uganda Revenue Authority's (URA) reinstated electronic cargo seal policy for severe trade disruptions. Source: https://nilepost.co.ug/news/356002/ura-cargo-seal-rule-triggers-massive-truck-queue-at-malaba-border
development 13 July 2026
Women traders in Mpigi District are urging the government to install speed humps and relocate a bus stop to the Bongole Women Friendly Market, which has remained largely unused since its completion in 2023. They believe these changes are crucial to attracting customers and revitalizing the facility. Source: https://nilepost.co.ug/news/355982/bongole-women-traders-want-speed-humps-bus-stop-to-revive-idle-koica-market
Business 13 July 2026
A recent promotional campaign in Copenhagen, Denmark, has significantly boosted Uganda's coffee and cocoa visibility, attracting new buyers and opening doors for increased exports and trade partnerships. Source: https://nilepost.co.ug/news/355829/ugandas-coffee-campaign-in-denmark-opens-new-export-opportunities-for-local-producers
finance 13 July 2026
Ecobank Uganda hosted a farewell dinner to celebrate the contributions of its outgoing Board Chairperson, Richard Munanyeza, and Board Director, Fatuma Sentongo Nagawa. The bank recognized their leadership and significant impact on its growth and governance. Source: https://nilepost.co.ug/news/355817/ecobank-uganda-honours-outgoing-board-chair-richard-munanyeza-director-fatuma-nagawa
Business 12 July 2026
Months-long delays in issuing Uganda's new digital number plates are causing significant economic disruption, grounding thousands of vehicles and motorcycles and leading to substantial financial losses for businesses and the government. Source: https://nilepost.co.ug/news/355727/digital-number-plate-delays-lock-up-billions-as-businesses-motorists-count-losses
Technology 12 July 2026
The Uganda Communications Commission (UCC) is defending its recent enforcement actions against unlicensed public Wi-Fi operators, emphasizing the need to protect consumers and ensure a fair digital marketplace. Source: https://nilepost.co.ug/news/355671/ucc-defends-crackdown-on-unlicensed-public-wi-fi-operators
Politics 11 July 2026
Mpigi NRM Chairperson Sulaiman Kaweesi has provided 66 boats and 2,000 fishing nets to local fishermen. This initiative aims to help those impacted by stringent new fishing regulations on Lake Victoria, which have made essential equipment unaffordable. Source: https://nilepost.co.ug/news/355431/mpigi-fishermen-get-lifeline-as-nrm-chairman-kaweesi-provides-boats-nets-after-tough-fishing-regulations
news 11 July 2026
NBS Television celebrated its 18th anniversary, recognizing its journey of impactful journalism, technological advancements, and the dedicated individuals who have shaped its success. The event highlighted the network's evolution into a leading multimedia brand in Uganda. Source: https://nilepost.co.ug/news/355423/18-years-on-nbs-celebrates-a-legacy-of-journalism-innovation-and-the-people-behind-the-journey
economy 10 July 2026
Uganda's economy is demonstrating strong performance with an optimistic outlook for the coming financial year and medium term, characterized by accelerating growth, controlled inflation, and a stable currency. Significant increases in exports and investor confidence are key drivers of this trend. Source: https://ugandainvest.go.ug/ugandas-economic-performance-remains-robust-with-optimistic-investment-and-business-outlook-psst
economy 10 July 2026
Uganda's economic performance is strong, with a bright outlook for investment and business in the 2026/27 financial year, according to the Permanent Secretary and Secretary to the Treasury (PSST). This optimism is driven by robust sector performance and supportive government policies. Source: https://ugandainvest.go.ug/ugandas-economic-performance-remains-robust-with-optimistic-investment-and-business-outlook-psst
Business 8 July 2026
After 16 years at the helm of Centenary Bank, Fabian Kasi has officially passed the leadership baton to Godfrey Byekwaso. Kasi's tenure saw significant growth in customer numbers, financial strength, and the bank's commitment to financial inclusion. Source: https://nilepost.co.ug/news/354850/fabian-kasi-bows-out-after-16-years-at-helm-of-centenary-bank
investment 8 July 2026
The Uganda Investment Authority (UIA) has introduced revised guidelines to stimulate local industrial development and employment. These new rules establish specific investment thresholds and operational requirements for both domestic and international businesses. Source: https://ugandainvest.go.ug/want-to-invest-in-uganda-here-are-some-guidelines
Business 8 July 2026
The Uganda Investment Authority (UIA) has introduced updated guidelines to clearly define investment thresholds, with a focus on encouraging local participation and streamlining the investment process. Source: https://ugandainvest.go.ug/want-to-invest-in-uganda-here-are-some-guidelines
news 7 July 2026
Local leaders in Kabale are pushing for significant improvements to the Memorandum of Understanding with Yogi Steel Limited, aiming to secure greater benefits for communities affected by the upcoming iron ore mining project. Source: https://nilepost.co.ug/news/354612/kabale-leaders-push-for-more-community-benefits-in-yogi-steel-iron-ore-mining-project
Business 7 July 2026
A viral social media post by an NBS videographer highlighting a clinic's dedication to watching the station on an old TV led to a swift response from Next Media CEO Kin Kariisa, who gifted the facility a new smart television. Source: https://nilepost.co.ug/news/354569/kariisa-gifts-kawempe-clinic-smart-tv-after-viral-nbs-viewing-moment
Technology 7 July 2026
The Uganda Communications Commission (UCC) has initiated a nationwide campaign to shut down public Wi-Fi services operating without the necessary licenses. This move aims to ensure consumer protection and the security of the country's digital infrastructure. Source: https://nilepost.co.ug/news/354565/ucc-launches-crackdown-on-illegal-public-wi-fi-providers
telecommunications 7 July 2026
The Uganda Communications Commission (UCC) has initiated a nationwide crackdown on individuals and businesses operating public Wi-Fi hotspots without the requisite licenses, aiming to protect consumers and ensure network security. Source: https://nilepost.co.ug/news/354565/ucc-launches-crackdown-on-illegal-public-wi-fi-providers
Politics 7 July 2026
President Yoweri Museveni met with the outgoing Dutch Ambassador, Frederieke Quispel, at his Kisozi farm, encouraging further investment from the Netherlands into Uganda's economy. Source: https://statehouse.go.ug/president-museveni-bids-farewell-to-outgoing-dutch-ambassador-calls-for-more-investment-in-uganda
Politics 7 July 2026
President Yoweri Museveni bid farewell to the outgoing Dutch Ambassador, H.E. Frederieke Quispel, at his Kisozi farm, expressing gratitude for her service and encouraging increased investment from the Netherlands into Uganda's economy. Source: https://statehouse.go.ug/president-museveni-bids-farewell-to-outgoing-dutch-ambassador-calls-for-more-investment-in-uganda
Sports 7 July 2026
What began as an ambitious idea atop the Rwenzori Mountains has evolved into the Tusker Lite Mt Rwenzori Marathon, a globally recognized event significantly boosting Kasese's economy, tourism, and athletic opportunities. Source: https://nilepost.co.ug/news/354263/from-summit-dream-to-global-stage-how-tusker-lite-mt-rwenzori-marathon-transformed-kasese
Entertainment News 6 July 2026
Events promoter Andrew Mukasa, widely known as Abitex, has disclosed a significant financial setback, losing approximately UGX 70 million after investing UGX 220 million into the recent Comedy Festival. He cited a lack of commercially viable comedians as the primary reason for the event's poor financial performance. Source: https://www.howwe.ug/news/entertainment/43249/i-am-making-losses-promoter-abitex-cries-out-after-investing-ugx-220-million-in-comedy-festival
news 6 July 2026
The Ministry of Works and Transport and the contractor for Uganda's digital number plate system have committed to resolving a significant backlog in vehicle registration and plate issuance by the end of August. Delays have severely impacted vehicle trade and led to considerable frustration among motorists and dealers. Source: https://nilepost.co.ug/news/354059/govt-contractor-promise-august-deadline-to-clear-digital-number-plate-backlog
Business 5 July 2026
Kinyara Sugar Limited has committed to paying Shs 5.5 billion as a supplementary payment to sugarcane farmers for the 2025/2026 financial year, following successful price negotiations. This initiative aims to enhance farmer livelihoods and encourage greater sugarcane production. Source: https://nilepost.co.ug/news/353925/kinyara-sugar-ltd-to-pay-shs-55b-as-farmer-cash-top-ups
Business 5 July 2026
Vehicle and motorcycle dealers in Uganda are demanding the termination of a contract with Russian firm Global Security over persistent delays and alleged corruption in the digital number plate acquisition process. Dealers report business disruptions costing millions due to the inability to register and release vehicles. Source: https://observer.ug/news/motor-dealers-decry-corruption-delays-in-digital-number-plate-acquisition
Business 3 July 2026
The Ugandan government is intensifying efforts to establish the Eastern Regional Agro-Science, Technology and Industrial Park at Busitema University, shifting focus from planning to implementation to commercialize research and boost industrialization. Source: https://nilepost.co.ug/news/353500/government-moves-to-fast-track-eastern-agro-science-industrial-park-at-busitema-university
government 3 July 2026
The State House of Uganda has released its procurement plan, detailing upcoming acquisitions for goods, works, and non-consultancy services. This plan is intended for internal use and guides the office's purchasing strategy. Source: https://statehouse.go.ug/procurement-plan-for-goods-works-and-non-consultancy-services
law 2 July 2026
MTN Uganda is appealing a High Court decision that awarded former employee Richard Mwami over Shs 2.3 billion in damages for malicious prosecution. The telecommunications giant argues the judgment raises significant legal questions about the liability of private complainants in criminal cases. Source: https://nilepost.co.ug/news/353453/mtn-appeals-shs23-billion-high-court-award-to-former-employee-richard-mwami
Politics 2 July 2026
President Yoweri Museveni has urged UK investors and officials to prioritize Africa, particularly Uganda, highlighting the continent's vast potential for economic growth and mutually beneficial trade. Source: https://nilepost.co.ug/news/353448/museveni-uk-minister-discuss-investment-and-stronger-economic-ties
Business 2 July 2026
Ranchers Finest Ltd has successfully shipped Uganda's inaugural consignment of processed beef, including steaks and sausages, to Ethiopia's Diamond Hotel and Restaurant Group, signifying a significant advancement in the nation's value-added agricultural exports. Source: https://statehouse.go.ug/ugandas-ranchers-finest-ships-first-consignment-of-processed-beef-to-ethiopia
Politics 2 July 2026
President Yoweri Museveni has urged British and European investors to capitalize on Africa's vast economic potential, highlighting opportunities in value addition, industrialization, and job creation during a meeting with UK Minister of State Baroness Chapman. Source: https://statehouse.go.ug/president-museveni-calls-for-increased-uk-and-european-investment
travel 2 July 2026
Airlines and airport officials are sounding the alarm over potential summer travel chaos due to the EU's new digital Entry-Exit System (EES), warning of extensive queues and missed flights for non-EU travelers. Source: https://nilepost.co.ug/news/353386/ryanair-warns-of-queue-chaos-from-new-eu-border-system
Business 2 July 2026
Airtel Uganda has joined forces with Spiro, an electric mobility solutions provider, to integrate electric motorcycles into its distribution network. This collaboration aims to boost productivity, reduce costs for franchise partners, and cut emissions. Source: https://nilepost.co.ug/news/353326/airtel-uganda-partners-with-spiro-to-electrify-last-mile-distribution
Business 2 July 2026
Traders in Kampala's central business district are expressing frustration over the prolonged and slow pace of ongoing road construction, which they claim is severely impacting trade and increasing operational costs. City officials point to alleged corruption, while contractors cite congestion and technical issues. Source: https://nilepost.co.ug/news/353278/business-community-complains-over-delayed-cbd-road-works
uganda 2 July 2026
Veteran journalist Andrew Mwenda has publicly apologized to scientist Dr. Matthias Magoola after visiting the Dei BioPharma pharmaceutical plant, admitting his prior criticism was unfounded and potentially influenced by a "colonized mindset.". Source: https://observer.ug/news/from-conman-to-conviction-mwendas-u-turn-on-magoola
Business 1 July 2026
Uganda has introduced a three-year income tax holiday for qualifying new tourism businesses to stimulate private investment. This initiative aims to encourage entrepreneurship by alleviating early-stage financial pressures and fostering growth in a vital economic sector. Source: https://observer.ug/news/uganda-unveils-three-year-tax-holiday-for-tourism
media 1 July 2026
NBS Television is gearing up to celebrate its 18th anniversary with a comprehensive week of activities, culminating in a reunion for current and former employees. This milestone marks Next Media's significant growth from its inception as a single television station into a diversified multimedia conglomerate. Source: https://nilepost.co.ug/news/353046/nbs-tv-to-mark-18-years-with-former-staff-reunion-week-long-celebrations
news 1 July 2026
The Ugandan government has secured a Shs 480.9 billion loan from Standard Chartered Bank for the significant upgrade of the 115.8-kilometre Kitgum–Kidepo Road. This infrastructure project is poised to boost regional trade, enhance tourism, and foster investment in Northern Uganda. Source: https://nilepost.co.ug/news/352983/govt-secures-shs-4809-billion-standard-chartered-financing-for-kitgum-kidepo-road-upgrade
Business 30 June 2026
While Next Creata offers professional studio facilities, their mission extends to nurturing Ugandan creators through knowledge sharing and community building. They aim to equip creatives with both the tools and the strategic insights needed for sustainable growth. Source: https://nilepost.co.ug/news/352720/beyond-the-studio-how-next-creata-is-building-ugandas-creative-economy
Business 30 June 2026
The High Court in Uganda has ordered telecommunications giant MTN Uganda to pay over Shs2.3 billion in damages to a former senior manager, Richard Mwami, for malicious prosecution. The court found that MTN instigated criminal proceedings against Mwami despite their own investigations clearing him of a multi-billion shilling fraud case. Source: https://www.monitor.co.ug/uganda/news/national/mtn-ordered-to-pay-shs2-3b-over-malicious-prosecution-of-ex-manager-5514486
environment 30 June 2026
For the past ten years, Mugabirwe Novenci has transformed a passion for forestry into a thriving nursery business in Kamwenge District, now a key supplier for a national reforestation program. Source: https://observer.ug/news/mugabirwes-10-year-path-to-forestry-excellence
Business 30 June 2026
High Court has ordered MTN Uganda to pay over Shs 2.3 billion in damages to former senior manager Richard Mwami for maliciously instigating his prosecution in a mobile money fraud case. The court found MTN acted with malice and lacked reasonable cause despite an audit clearing Mwami. Source: https://observer.ug/news/mtn-ordered-to-pay-shs-2-3bn-to-former-manager-over-malicious-prosecution
Business 29 June 2026
While access to affordable capital is a persistent concern for local contractors, experts argue that focusing solely on financing overlooks other crucial elements necessary for their sustainable growth and competitiveness in the sector. Source: https://www.monitor.co.ug/uganda/oped/commentary/local-contractors-need-these-four-pillars-not-just-affordable-capital-5513516
Business 29 June 2026
Ugandans are not short of ambition. We have business ideas, land plans, school-fees plans. Source: https://www.monitor.co.ug/uganda/oped/commentary/your-income-needs-a-job-too-5513382
Business 29 June 2026
Many Ugandans have ambitious financial plans but struggle with capital and a lack of organized systems for managing their income. The article emphasizes that asset management is accessible to everyone, not just the wealthy, and is crucial for making money work towards specific goals. Source: https://www.monitor.co.ug/uganda/oped/commentary/your-income-needs-a-job-too-5513382
Business 29 June 2026
Court's decision means that the Finance Minister cannot complete the appointment process while. Source: https://www.monitor.co.ug/uganda/business/insurance/court-freezes-ira-s-search-for-new-ceo-allows-kaddunabbi-to-challenge-board-s-refusal-to-renew-his-contract--5513278
Business 29 June 2026
The High Court has temporarily stopped the Insurance Regulatory Authority of Uganda (IRA) from appointing a new Chief Executive Officer, allowing former CEO Ibrahim Kaddunabbi to challenge the board's decision not to recommend him for reappointment. Source: https://www.monitor.co.ug/uganda/business/insurance/court-freezes-ira-s-search-for-new-ceo-allows-kaddunabbi-to-challenge-board-s-refusal-to-renew-his-contract--5513278
transport 29 June 2026
Uganda and Tanzania railway authorities are collaborating to enhance rail and water transport systems, with a particular focus on improving passenger movement for the upcoming Afcon 2027 tournament. Source: https://www.monitor.co.ug/uganda/news/national/uganda-tanzania-team-up-to-revamp-railway-transport-ahead-of-afcon-2027-5512678
Business 29 June 2026
The Ministry of Trade, Industry, and Cooperatives, which injected Shs27 billion into the. Source: https://www.monitor.co.ug/uganda/news/national/only-39-of-385-teachers-saccos-active-as-ministry-demands-recovery-of-shs11-billion-5512688
news 29 June 2026
The Ministry of Trade, Industry, and Cooperatives is demanding the recovery of over Shs11 billion in defaulted loans from teachers' Savings and Credit Cooperative Organisations (SACCOs). The ministry also highlighted that only 39 out of 385 registered teachers' SACCOs remain active. Source: https://www.monitor.co.ug/uganda/news/national/only-39-of-385-teachers-saccos-active-as-ministry-demands-recovery-of-shs11-billion-5512688
Business 29 June 2026
Foreign Direct Investment (FDI) into Uganda has seen a significant increase, reaching $3.12 billion, largely propelled by major developments in the country's burgeoning oil and gas sector. This surge marks a substantial rise from previous years, underscoring the sector's growing appeal to international investors. Source: https://www.monitor.co.ug/uganda/business/markets/the-3-12b-fdi-boom-riding-on-the-oil-story-5512460
Business 29 June 2026
Foreign Direct Investment (FDI) in Uganda has seen a significant increase, reaching $3.12 billion, largely driven by the burgeoning oil and gas sector. This marks a substantial rise from $1.1 billion recorded in 2013. Source: https://www.monitor.co.ug/uganda/business/markets/the-3-12b-fdi-boom-riding-on-the-oil-story-5512460
Business 29 June 2026
While mediation is showing promise in resolving tax disputes in Uganda, a surge in new cases and protracted ruling times indicate that the current system may be struggling to keep pace with demand. Source: https://www.monitor.co.ug/uganda/business/markets/can-mediation-solve-the-increasing-tax-caseload--5512412
Business 29 June 2026
While mediation offers a promising avenue for resolving tax disputes in Uganda, a surge in new cases and persistent delays in rulings highlight the need for further enhancements to the system. Source: https://www.monitor.co.ug/uganda/business/markets/can-mediation-solve-the-increasing-tax-caseload--5512412
Business 28 June 2026
Uganda possesses significant potential in organic products like honey and shea nuts, but faces challenges in realizing their full export value due to limited infrastructure and poor market access. Source: https://www.monitor.co.ug/uganda/business/markets/the-export-value-hidden-in-organic-wealth-5512376
agriculture 28 June 2026
Uganda possesses a rich endowment of organic resources like honey and shea nuts, but a lack of proper processing and limited market access hinders their significant export value from being fully realized. Source: https://www.monitor.co.ug/uganda/business/markets/the-export-value-hidden-in-organic-wealth-5512376
Business 28 June 2026
The Uganda National Bureau of Standards (UNBS) is bringing product certification services closer to local businesses by empowering district commercial officers. This move aims to simplify the process for small and medium enterprises (SMEs) and boost their market competitiveness. Source: https://www.monitor.co.ug/uganda/news/national/local-producers-get-relief-as-unbs-takes-certification-services-to-districts-5512346
Health 28 June 2026
While cigarettes in Uganda are remarkably inexpensive, their true cost to the nation is measured in devastating public health impacts and economic strain, far exceeding their retail price. Source: https://www.monitor.co.ug/uganda/magazines/healthy-living/the-hidden-cost-of-cheap-cigarettes-in-uganda-5510174
Business 28 June 2026
China's industrial profit growth experienced a slowdown in May, marking the first such deceleration since November. This dip signals potential underlying weaknesses in the world's second-largest economy. Source: https://www.monitor.co.ug/uganda/news/china-s-industrial-profit-gains-dip-in-sign-of-weakness-5512326
Business 28 June 2026
Uganda's piggery sector is experiencing a boom driven by rising domestic demand and increasing production capacity. Modern farming techniques and improved breeds are transforming the industry. Source: https://www.monitor.co.ug/uganda/business/markets/how-uganda-s-piggery-sector-is-undergoing-transformation-5511746
Business 27 June 2026
President Yoweri Museveni has welcomed Qatari investors, exploring potential collaborations in food processing, energy, logistics, and manufacturing. The discussions highlighted Uganda's potential to leverage its resources for economic transformation. Source: https://statehouse.go.ug/president-museveni-qatari-investors-explore-new-partnership-opportunities-in-uganda
lifestyle 27 June 2026
The Tusker Lite-sponsored Rwenzori Marathon has transformed from a simple athletic event into a significant driver of tourism and economic activity in Kasese District. Source: https://www.monitor.co.ug/uganda/lifestyle/how-tusker-lite-put-kasese-on-the-map-5509024
education 27 June 2026
Mountains of the Moon University (MMU) is actively seeking investors and development partners to transform its academic research into marketable products. The university aims to move beyond theoretical papers and establish commercially viable innovations that can generate income, create jobs, and address community needs. Source: https://www.monitor.co.ug/uganda/news/national/mountains-of-the-moon-university-seeks-investors-to-commercialise-research-5510722
national 27 June 2026
The Uganda Civil Aviation Authority (UCAA) is planning a significant restructuring to separate its regulatory functions from its airport operations management by mid-2027. This initiative aims to enhance oversight and efficiency within the growing aviation sector. Source: https://www.monitor.co.ug/uganda/news/national/uganda-to-split-aviation-regulator-from-airport-operations-by-2027-5510794
travel 26 June 2026
Mastercard has launched its global Priceless platform in Africa, offering cardholders curated travel experiences across nine countries, including Uganda, and highlighting the continent's growing tourism appeal. Source: https://nilepost.co.ug/news/351732/mastercard-launches-priceless-africa-platform-to-showcase-uganda-eight-other-destinations
Business 26 June 2026
The deepest problem is about time. Banks want their money back quickly. But retail property. Source: https://www.monitor.co.ug/uganda/business/finance/why-is-east-africa-s-mall-market-being-built-to-fail--5510688
Business 26 June 2026
Concerns are rising over the sustainability of shopping mall developments in East Africa, with questions about timing, financing models, and market saturation potentially setting the sector up for failure. Source: https://www.monitor.co.ug/uganda/business/finance/why-is-east-africa-s-mall-market-being-built-to-fail--5510688
lifestyle 26 June 2026
Godfrey Tindyebwa, a 29-year-old amputee and computer science student, sustains himself by working as a motorcycle courier at night, using a custom hand-operated stick to manage the gears. Source: https://www.monitor.co.ug/uganda/news/national/from-medical-tragedy-to-night-rider-how-amputee-godfrey-tindyebwa-is-steering-his-own-destiny-5510560
Business 26 June 2026
Egyptian investors are proposing a massive Shs3 trillion dairy processing plant in Nakaseke District, aiming to leverage Uganda's substantial milk surplus for export under the AfCFTA. The project includes modernizing the supply chain with automated milking and refrigerated transport. Source: https://www.monitor.co.ug/uganda/news/national/egypt-investors-eye-nakaseke-for-shs3-trillion-mega-dairy-plant-to-boost-exports-5510328
Business 26 June 2026
"Today marks a transformative moment for Savanna Fibre Uganda and for the people and businesses. Source: https://www.monitor.co.ug/uganda/business/technology/fixed-broadband-provider-savanna-launches-mobile-network-to-take-on-mtn-airtel-5510116
Technology 26 June 2026
Savanna Uganda, a fixed broadband provider, has officially entered the competitive mobile telecommunications market with an unlimited voice and data offering. This expansion transforms the company into a full Mobile Network Operator (MNO), aiming to disrupt the market dominated by giants like MTN and Airtel. Source: https://www.monitor.co.ug/uganda/business/technology/fixed-broadband-provider-savanna-launches-mobile-network-to-take-on-mtn-airtel-5510116
local news 26 June 2026
A new four-storey market building in Kayunga Town, funded by a Shs1.5 billion government allocation, is nearing completion and is set to provide a vital trading space for vendors displaced by recent crackdowns on illegal structures. Source: https://nilepost.co.ug/news/351669/kayunga-vendors-set-for-new-beginning-as-shs15bn-market-building-nears-completion
Business 26 June 2026
Perhaps this is the most overlooked economy in human society; the economy of emotional access. Source: https://www.monitor.co.ug/uganda/oped/commentary/where-does-real-power-truly-reside--5509854
finance 26 June 2026
Ecobank Uganda has appointed seasoned finance executive Dunstan Ian Rukare as an Independent Non-Executive Director, aiming to leverage his extensive regional and global financial expertise to enhance the bank's governance and strategic direction. Source: https://nilepost.co.ug/news/351608/ecobank-uganda-appoints-dunstan-rukare-to-board
Business 26 June 2026
Business owners at the Mpondwe–Lhubiriha border are experiencing severe financial hardship due to ongoing closure, appealing for the border to be reopened with strengthened health monitoring measures. They highlight significant losses and threats to livelihoods from disrupted trade with the Democratic Republic of Congo. Source: https://nilepost.co.ug/news/351572/cross-border-businesses-crippled-as-traders-appeal-for-reopening-of-mpondwe-lhubiriha-border
Business 25 June 2026
Business leaders say integrity, transparency and compliance can help enterprises achieve. Source: https://www.monitor.co.ug/uganda/news/national/smes-tasked-on-ethics-as-top-100-survey-is-launched-5509590
Business 25 June 2026
Business leaders emphasized the critical role of integrity, transparency, and corporate governance for the survival and growth of Small and Medium Enterprises (SMEs) in Uganda, at the launch of the 18th Top 100 Mid-Sized Companies Survey. Source: https://www.monitor.co.ug/uganda/news/national/smes-tasked-on-ethics-as-top-100-survey-is-launched-5509590
Business 25 June 2026
Data from the Bank of Uganda reveals a significant increase in profits repatriated by foreign firms, with dividend remittances rising by an impressive 62.1 percent in 2024. This trend highlights a notable shift in capital outflow from the Ugandan economy. Source: https://www.monitor.co.ug/uganda/business/markets/foreign-firms-repatriating-record-profits--5509554
Business 25 June 2026
Diageo's planned exit from the African market is facing significant hurdles, including substantial financial losses and ongoing legal battles, particularly complicated by conflicting court orders in Kenya. Source: https://www.monitor.co.ug/uganda/business/markets/diageo-s-africa-exit-marred-by-365m-losses-and-legal-battles-5509528
Business 25 June 2026
Despite a high demand for affordable financing, many women entrepreneurs in the Busoga region are being prevented from accessing loans from the GROW project primarily due to stringent collateral requirements and the physical distance to financial institutions. With the project set to conclude in December 2027, effective strategies are needed to overcome these obstacles. Source: https://www.monitor.co.ug/uganda/news/national/collateral-distance-block-busoga-women-from-grow-project-loans-5509532
Business 25 June 2026
Ugandan sugar manufacturers are protesting a significant increase in Kenya's excise duty on imported sugar, fearing it will cripple their exports and violate EAC trade principles. The tax hike from $60 to $308 per ton could severely impact Uganda's sugar sector and the livelihoods dependent on it. Source: https://www.monitor.co.ug/uganda/business/markets/how-kenya-s-308-tax-threatens-uganda-s-sugar-export-boom-5509332
news 25 June 2026
Kampala's Assistant Resident City Commissioner, Hajjati Zulaika Mubiru, led an inspection at Usafi Market to assess trader welfare and the implementation of presidential directives regarding rent, electricity, and toilet access. Traders highlighted ongoing issues with waste management fees and declining business, leading to vacant stalls. Source: https://nilepost.co.ug/news/351535/kampala-rcc-team-inspects-usafi-market-as-traders-raise-concerns-over-poor-working-conditions
Business 25 June 2026
Ecobank Uganda has appointed veteran lawyer and corporate governance expert David Mpanga as the new chairperson of its Board of Directors. His extensive legal and governance experience is expected to guide the bank's strategic direction and growth. Source: https://nilepost.co.ug/news/351474/david-mpanga-appointed-chairperson-of-ecobank-uganda-board
Business 25 June 2026
Despite a 20 percent drop in outbound remittances from Uganda in 2025, India and Kenya have maintained their positions as the primary destinations for funds sent abroad by residents and expatriates. The total value of money sent out of Uganda fell to Shs1.45 trillion ($402 million) from Shs1.8 trillion ($502 million) in the previous year. Source: https://www.monitor.co.ug/uganda/business/markets/india-kenya-lead-destinations-where-ugandans-send-money--5508478
Business 25 June 2026
Uganda is moving toward a market where transparency and accountability will matter more than ever. Source: https://www.monitor.co.ug/uganda/oped/commentary/financial-discipline-determines-who-wins-in-uganda-s-market-5508460
Business 25 June 2026
Uganda's market is increasingly rewarding businesses that prioritize financial discipline, transparency, and accountability, moving beyond mere size to emphasize trustworthiness and predictability. Source: https://www.monitor.co.ug/uganda/oped/commentary/financial-discipline-determines-who-wins-in-uganda-s-market-5508460
Business 25 June 2026
The 220kV Uganda-Tanzania Interconnection Project, a vital link for regional electricity trade, is advancing with procurement and contractor mobilization. Civil works are anticipated to commence in the 2026/27 financial year, with commercial operations targeted for 2029. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-tanzania-power-interconnection-to-start-5508436
Business 25 June 2026
Uganda faces a significant gender credit gap, not due to a lack of ambition in women, but because of systemic issues like invisible financial identities, unaffordable digital access, and inadequate financial data systems that fail to recognize women's economic contributions. Source: https://www.monitor.co.ug/uganda/business/markets/how-the-gender-credit-gap-has-become-an-economic-liability-5508356
travel 25 June 2026
Uganda is intensifying its efforts to attract German tourists through a week of cultural diplomacy in Germany, featuring a tourism roadshow and its inaugural cultural festival. This initiative aims to bolster visitor numbers from a key European market. Source: https://nilepost.co.ug/news/351370/uganda-targets-german-tourists-in-fresh-push-to-expand-european-tourism-market
Business 25 June 2026
Newly formed Ugandan companies, Base 7 International Aviation Academy Ltd and Hamster Business Solutions Limited, are vying to partner with Chinese counterparts to develop a major international airport in Mbarara, despite questions surrounding their financial capacity and prior experience. Source: https://www.monitor.co.ug/uganda/special-reports/men-and-women-bidding-for-mbarara-s-nyakisharara-international-airport-5508402
local government 24 June 2026
Kisoro Municipality has waived market dues for food vendors moved from Gatimba Market to Kisoro Old Market. The exemption is intended to support vendor recovery and facilitate urban planning efforts. Source: https://nilepost.co.ug/news/351318/kisoro-municipality-waives-taxes-for-relocated-food-vendors
Business 24 June 2026
Prime Minister Robinah Nabbanja has urged contractors to accelerate the completion of the Moroto Clinker Factory, emphasizing its crucial role in reducing Uganda's dependence on imported clinker and bolstering local cement production. Source: https://nilepost.co.ug/news/351315/nabbanja-orders-completion-of-moroto-clinker-factory-to-reduce-import-costs
Business 24 June 2026
The aim is to force progress on three plans already agreed by Partner States. Source: https://www.monitor.co.ug/uganda/news/national/eac-targets-cheaper-transfers-as-it-pushes-for-single-digital-market-5508278
agriculture 24 June 2026
Sugarcane farmers in Uganda are calling for an end to a controversial five percent 'trash' deduction by millers, arguing it costs the sector approximately Shs48 billion annually and remains in place despite a presidential directive. Source: https://www.monitor.co.ug/uganda/news/national/sugarcane-farmers-demand-end-to-shs48-billion-annual-trash-deductions-5507614
Business 24 June 2026
Uganda seeks to ride Roosevelt legacy into US tourism market. Source: https://www.monitor.co.ug/uganda/news/national/roosevelt-library-opening-to-give-uganda-tourism-coffee-visibility-in-us-5507978
Business 24 June 2026
The upcoming opening of the Theodore Roosevelt Presidential Library in North Dakota presents Uganda with a significant opportunity to enhance its tourism and coffee exports in the US market by highlighting historical connections. Source: https://www.monitor.co.ug/uganda/news/national/roosevelt-library-opening-to-give-uganda-tourism-coffee-visibility-in-us-5507978
Business 24 June 2026
It is an economy that is bigger than the size of Uganda's current Shs84.4 trillion budget for. Source: https://www.monitor.co.ug/uganda/news/national/africa-s-43-million-displaced-generate-shs100-trillion-report-5507712
Business 24 June 2026
EAC economy outpaces global growth as bloc unveils new budget. Source: https://www.monitor.co.ug/uganda/news/national/kadaga-tables-shs410-billion-eac-budget-as-bloc-targets-deeper-regional-integration-5507480
Business 24 June 2026
The ruling brings to an end a case that stemmed from allegations of financial impropriety. Source: https://www.monitor.co.ug/uganda/news/national/court-clears-kampala-finance-officer-of-shs49m-electronic-fraud-charges-4323498
travel 24 June 2026
Uganda's Embassy in France has unveiled a novel two-week mobile tourism campaign in Paris, deploying three buses adorned with iconic Ugandan wildlife and landscapes to capture the attention of millions of summer travelers flocking to the city. Source: https://www.monitor.co.ug/uganda/news/national/uganda-hijacks-paris-summer-crowds-with-gorilla-branded-buses-in-tourism-blitz-5507206
Business 24 June 2026
A tax expert clarifies that investing in Uganda's burgeoning oil and gas sector does not automatically grant tax exemptions. Investors must understand and comply with specific legal frameworks and conditions to benefit from any applicable incentives. Source: https://www.monitor.co.ug/uganda/oped/commentary/investing-in-oil-gas-doesn-t-guarantee-tax-exemptions-5507142
government 23 June 2026
Thirty-six newly recruited farm managers and finance officers are undergoing a week-long induction at the Oliver Reginald Tambo Leadership School to prepare them for overseeing agricultural enterprises and supervising SACCOs supporting Presidential Industrial Hub graduates. The training focuses on leadership, patriotism, and financial accountability. Source: https://statehouse.go.ug/presidential-industrial-hubs-farm-managers-and-finance-officers-undergo-induction-training
Business 23 June 2026
Experts are urging residents of Uganda's Busoga Sub-region to move beyond sole reliance on sugarcane farming, highlighting the economic vulnerabilities and environmental impacts associated with a single cash crop. Source: https://www.monitor.co.ug/uganda/news/national/busoga-urged-to-diversify-income-sources-beyond-sugarcane-farming-5506706
Business 23 June 2026
Uganda's Tax Appeals Tribunal has ruled that Kuku Foods, the operator of KFC in Uganda, is liable for capital gains tax following a change in ownership, but the Uganda Revenue Authority (URA) must recalculate the Shs4.2 billion assessment. Source: https://www.monitor.co.ug/uganda/business/markets/the-kfc-ura-shs4-2b-tax-fight-5506310
Business 23 June 2026
Uganda's tourism sector is experiencing a significant rebound, with domestic travelers increasingly becoming the backbone of its growth. This surge in local tourism, coupled with a broader mix of international markets, is creating a more resilient and diversified industry. Source: https://www.monitor.co.ug/uganda/business/markets/tourism-growth-is-nolonger-dependent-on-foreigners-alone-5506272
Business 23 June 2026
“I use the money earned to boost my business at my training centre in the refugee settlement". Source: https://www.monitor.co.ug/uganda/news/national/mbarara-skilling-centre-gives-hope-to-disadvantaged-youth-5506024
agriculture 23 June 2026
Busoga's agricultural sector is grappling with significant post-harvest losses, with farmers losing as much as 40 percent of their grain due to inadequate farming, handling, and storage practices. Source: https://www.monitor.co.ug/uganda/news/national/poor-handling-costs-busoga-farmers-40-percent-of-grain-5505986
news 23 June 2026
Uganda and China's Hangzhou City have recently bolstered their collaboration in culture, tourism, and trade at a high-level event. The promotion focused on showcasing investment prospects, cultural exchange, and strategies for enhanced economic partnerships. Source: https://nilepost.co.ug/news/350708/mountains-and-seas-connect-uganda-and-hangzhou-as-ties-deepen-through-tourism-and-trade
Business 23 June 2026
Uganda's Next Media and Capital FM Group have inked a strategic collaboration to enhance content sharing, audience engagement, and advertising solutions while preserving their distinct brands and editorial independence. Source: https://nilepost.co.ug/news/350697/next-media-capital-fm-group-forge-strategic-partnership
Business 23 June 2026
Plans for Uganda's ambitious Nyakisharara International Airport in Mbarara City, envisioned by President Museveni as a global transit hub, are encountering significant viability questions amidst regional aviation rivalries and a lack of detailed planning. Source: https://www.monitor.co.ug/uganda/news/national/mbarara-airport-dream-runs-into-viability-headwinds-5505876
Business 22 June 2026
The country ships 8.6 million bags worth $2.3 billion (Shs8.3 trillion) in a year, cementing. Source: https://www.monitor.co.ug/uganda/news/national/uganda-eyes-new-markets-after-coffee-export-boom-5505846
Business 22 June 2026
Uganda has emerged as Africa's leading coffee exporter, shipping 8.6 million bags worth $2.3 billion in a single year. The country is now leveraging this success to explore new international markets and attract investment. Source: https://www.monitor.co.ug/uganda/news/national/uganda-eyes-new-markets-after-coffee-export-boom-5505846
Business 22 June 2026
Uganda has officially become Africa's leading coffee exporter, shipping 8.6 million bags worth $2.3 billion in a year and is now strategically targeting international markets through aggressive promotion. Source: https://www.monitor.co.ug/uganda/news/national/uganda-eyes-new-markets-after-coffee-export-boom-5505846
Business 22 June 2026
Once a promoter announces an event, Lulinda said, FOB will take over the duties of marketing. Source: https://www.monitor.co.ug/uganda/sports/boxing/friends-of-boxing-throws-chaos-into-the-ring-5505472
news 22 June 2026
Uganda Revenue Authority (URA) officers at Entebbe International Airport have seized 448 mobile phones worth over Shs281 million, disrupting a sophisticated smuggling operation that involved insider collusion and attempts to exploit VIP services. Source: https://nilepost.co.ug/news/350489/entebbe-airport-smuggling-ring-busted-as-ura-intercepts-448-mobile-phones
Business 22 June 2026
While vanilla is prized for its rich flavour and aroma, its high market value has also made it. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-s-vanilla-under-siege-5504928
agriculture 22 June 2026
Vanilla farmers in Uganda are facing significant challenges from theft, which has driven up security costs and sometimes led to premature harvesting, impacting crop quality. Efforts are underway to establish official harvesting seasons and implement regulations to protect this valuable export. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-s-vanilla-under-siege-5504928
Business 22 June 2026
Major oil and gas projects, including the East African Crude Oil Pipeline (EACOP), are set to revolutionize the region's energy sector, drive industrial growth, and enhance economic integration across East Africa. Source: https://www.monitor.co.ug/uganda/business/prosper/how-oil-and-gas-boom-will-transform-east-africa-5504620
Business 22 June 2026
While export potential is strong across multiple markets including Kenya, Rwanda, Tanzania and. Source: https://www.monitor.co.ug/uganda/business/prosper/the-missing-link-to-bigger-grain-sales-5504908
Business 22 June 2026
While Uganda and Kenya are deepening trade ties in grains, operational gaps in documentation and trade information flow are hindering larger sales, despite strong export potential to regional markets. Source: https://www.monitor.co.ug/uganda/business/prosper/the-missing-link-to-bigger-grain-sales-5504908
Business 22 June 2026
A large share of the national budget is pre-committed to debt servicing and externally financed. Source: https://www.monitor.co.ug/uganda/business/prosper/why-uganda-falls-short-of-its-global-spending-targets-5504870
Business 22 June 2026
It aims to improve domestic and regional connectivity through safer, more efficient and. Source: https://www.monitor.co.ug/uganda/news/national/arua-airport-the-skies-that-could-unlock-west-nile-s-economy-tourism-5504878
Business 22 June 2026
The World Bank Group has launched a decade-long Country Partnership Framework (CPF) for Uganda, aiming to foster private sector-led economic transformation and create more jobs. The strategy aligns with Uganda's vision to become an upper-middle-income country by 2040. Source: https://www.monitor.co.ug/uganda/business/prosper/inside-world-bank-s-10-year-strategy-for-uganda-5504776
Business 22 June 2026
Many Ugandan organizations are overlooking significant tax liabilities associated with imported services like software subscriptions and foreign consultancy, potentially leading to substantial penalties. Tax authorities are increasingly scrutinizing these transactions. Source: https://www.monitor.co.ug/uganda/business/prosper/imported-services-the-tax-risk-many-organisations-overlook--5504774
Business 22 June 2026
The Petroleum Authority of Uganda (PAU) is in dispute with TotalEnergies EP and its contractor Sinopec over alleged violations of local content regulations. Sinopec has reportedly engaged in business reserved for Ugandan companies for two years, potentially jeopardizing the timeline for the country's first oil production. Source: https://www.monitor.co.ug/uganda/news/national/tensions-arise-over-first-oil-as-start-date-shifts-to-end-of-year-5504738
national 22 June 2026
President Museveni has announced plans for Nyakisharara International Airport in Mbarara, touted as a potential global transit hub. However, questions linger regarding its feasibility, financing, and the realistic economic impact. Source: https://www.monitor.co.ug/uganda/news/national/nyakisharara-airport-is-it-a-vision-or-an-illusion--5504654
economy 22 June 2026
Experts are urging the Ugandan government to prioritize transparency and policy consistency to achieve the nation's ambitious goal of increasing its economy from $50 billion to $500 billion by 2040. Source: https://www.monitor.co.ug/uganda/news/national/economists-urge-transparency-predictable-policies-to-hit-uganda-s-500b-growth-target-5504650
Business 21 June 2026
Gold business is now the leading forex earner in the country, with $5.2 billion (Shs18.9. Source: https://www.monitor.co.ug/uganda/news/national/gold-scam-fraudsters-turn-violent-5504556
Business 21 June 2026
Despite a significant expansion in Uganda's taxpayer rolls, revenue collection remains heavily reliant on a small group of top contributors. New reforms aim to broaden the tax base by linking tax identification numbers to national and business registration data. Source: https://www.monitor.co.ug/uganda/business/finance/large-tax-register-but-very-few-pay--5504536
Politics 21 June 2026
A year-long dispute over a Shs28 million lorry parking tender in Tororo Municipality has halted revenue collection, creating significant financial losses for a private contractor and the local government. The standoff involves municipal authorities, transport operators, and district leaders. Source: https://nilepost.co.ug/news/350308/tororo-municipality-faces-multi-million-revenue-loss-as-lorry-parking-levy-standoff-persists
Business 21 June 2026
Global oil prices experienced a decline as the United States and Iran concluded talks in Switzerland. Iran announced it had secured waivers for its oil and petrochemical exports, alleviating concerns about potential supply shortages. Source: https://www.monitor.co.ug/uganda/news/world/oil-slips-after-us-iran-conclude-talks-in-switzerland-5504522
Business 21 June 2026
Soaring global fuel prices, exacerbated by Middle East tensions, are pushing Ugandans to consider electric vehicles (EVs) as a more economical alternative. A recent study indicates that EVs not only have lower operating costs but also significantly reduced maintenance expenses compared to traditional vehicles. Source: https://www.monitor.co.ug/uganda/oped/commentary/could-rising-fuel-prices-boost-electric-mobility-adoption--5504500
Business 21 June 2026
The Ugandan Shilling has recorded its first significant gains in several months, driven by a surge in export earnings and improved foreign exchange inflows. Source: https://www.monitor.co.ug/uganda/business/markets/shilling-posts-first-gains-in-months-5504390
Business 21 June 2026
Uganda's telecommunications industry faces a critical juncture as high taxation potentially hinders digital growth despite contributing significantly to government revenue. The debate centers on whether current tax policies support or impede the nation's digital aspirations. Source: https://www.monitor.co.ug/uganda/business/finance/heavily-taxed-telecom-sector-revenue-tool-or-growth-barrier--5504380
Business 21 June 2026
Francis Kamulegeya, a pivotal figure in shaping Uganda's tax legislation, emphasizes character and purpose beyond professional achievements in a recent address to young tax professionals. Source: https://www.monitor.co.ug/uganda/business/finance/francis-kamulegeya-you-got-that-promotion-at-work-and-then-what--5504102
Business 21 June 2026
The Uganda Registration Services Bureau (URSB) has officially deregistered 37,702 companies after they failed to submit annual returns for five consecutive years and subsequently neglected to apply for restoration. This action follows public notices issued in July and August of 2023, informing companies to rectify their status. Source: https://www.monitor.co.ug/uganda/news/national/list-ursb-deregisters-37-702-companies-5503944
Business 21 June 2026
Ugandan social entrepreneur Denise Ayebare has been recognized by Forbes Africa in its prestigious 30 Under 30 Class of 2026 for her innovative work in climate resilience and youth empowerment through her organization, BetterLife International. Source: https://nilepost.co.ug/news/350214/ugandas-denise-ayebare-named-to-forbes-africa-30-under-30-class
Business 20 June 2026
If the figures in your business venture do not turn out as rosy as your pastor’s, do not blame God. Source: https://www.monitor.co.ug/uganda/oped/columnists/allan-tacca/enter-pastor-or-business-mentor-5503622
Business 20 June 2026
The Islamic Development Bank (IsDB) has approved a historic EUR 650.75 million (approximately Shs2.6 trillion) financing package for Uganda's Standard Gauge Railway (SGR) project. This represents the largest single-project funding ever provided by the IsDB to Uganda, marking a significant step for the nation's infrastructure development. Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-sgr-gets-green-light-with-largest-ever-shs2-6-trillion-islamic-development-bank-financing-package-5503366
Business 20 June 2026
Just two years ago, Mr Nsubuga’s five-hectare coffee farm struggled to survive. Source: https://www.monitor.co.ug/uganda/magazines/farming/solar-miracle-how-one-farmer-turned-dry-land-into-a-shs20m-agribusiness-5503204
Business 20 June 2026
Salamtel Uganda and Salam TV are moving towards a formal partnership after exploratory discussions at Next Media Park. The collaboration aims to integrate media and telecommunication services, leveraging shared values and vision. Source: https://nilepost.co.ug/news/350066/salamtel-uganda-salam-tv-move-toward-strategic-media-telecom-partnership
news 20 June 2026
Uganda's Ministry of Works and Transport has inaugurated a new professional body for quantity surveyors, emphasizing the need for them to provide honest assessments of project costs and challenge inflated budgets. The Construction and Infrastructure Cost Consultants and Quantity Surveyors of Uganda (CICCQSU) aims to improve accountability and standards in the construction sector. Source: https://nilepost.co.ug/news/350053/surveyors-urged-to-speak-uncomfortable-truths-as-new-professional-body-launches
Business 20 June 2026
"Manufacturers are investing in greener production processes, and communities continue to. Source: https://www.monitor.co.ug/uganda/news/national/green-economy-otafiire-atingi-ego-rally-corporate-uganda-on-climate-resilience-5503046
Business 20 June 2026
Top Ugandan companies, including Kinyara Sugar and Hima Cement, were recognized for their environmental efforts at the NEMA Sustainability Awards. The event highlighted the crucial link between economic growth and climate resilience, with calls for increased corporate action. Source: https://www.monitor.co.ug/uganda/news/national/green-economy-otafiire-atingi-ego-rally-corporate-uganda-on-climate-resilience-5503046
economy 19 June 2026
Uganda's private and public sector leaders are calling for deeper collaboration and more transparent policy-making to foster sustainable economic growth and attract investment. The emphasis is on strengthening private sector involvement and ensuring policy certainty. Source: https://nilepost.co.ug/news/350033/private-sector-leaders-call-for-stronger-partnerships-to-drive-ugandas-economic-growth
travel 19 June 2026
Uganda has successfully engaged over 400 Turkish tourism stakeholders in recent roadshows held in Gaziantep and Istanbul, aiming to boost tourism from the Turkish market. Source: https://nilepost.co.ug/news/349956/uganda-showcases-tourism-potential-to-over-400-turkish-travel-stakeholders-in-gaziantep-istanbul-roadshows
economy 19 June 2026
The upcoming FY2026/27 national budget in Uganda is set to unlock fresh avenues for investment, with the Uganda Investment Authority (UIA) reiterating its commitment to facilitating and supporting both local and international investors. Source: https://ugandainvest.go.ug/fy2026-27-budget-opens-new-investment-opportunities-as-uia-reaffirms-support-for-investors
Business 19 June 2026
The African Development Bank (AfDB) has approved a significant loan of €155.99 million (approximately Shs650 billion) to upgrade Arua Airport, positioning it as a key international hub and Uganda's second major airport after Entebbe. Source: https://www.monitor.co.ug/uganda/news/national/afdb-approves-shs650b-loan-to-upgrade-arua-airport-into-uganda-s-second-international-hub-5502694
Politics 19 June 2026
Former Prime Minister Amama Mbabazi has urged Muslim legislators and political leaders to manage Uganda's approaching oil wealth with discipline and transparency, warning against the "resource curse" and emphasizing national unity for inclusive development. Source: https://nilepost.co.ug/news/349947/mbabazi-urges-muslim-mps-to-safeguard-oil-wealth-and-prioritise-national-unity
news 19 June 2026
The Church of Uganda Mothers' Union is celebrating a High Court arbitration ruling that resolves a protracted dispute with Bucon Construction, paving the way for the stalled construction of their multi-billion shilling headquarters in Kampala. Source: https://nilepost.co.ug/news/349941/jubilation-as-court-clears-way-for-stalled-mothers-union-house-construction
Business 19 June 2026
Jio Platforms, the telecom arm of Reliance Industries, has received board approval for a draft prospectus for its initial public offering (IPO), potentially marking India's largest share sale. The company aims to raise approximately $4 billion. Source: https://nilepost.co.ug/news/349927/asias-richest-man-ambani-announces-what-could-be-indias-biggest-share-sale
Business 19 June 2026
Uganda’s economy is growing fast on paper, but for millions, prosperity remains out of reach. Source: https://www.monitor.co.ug/uganda/business/markets/why-you-don-t-feel-economic-growth-in-your-pocket-5501882
Business 19 June 2026
Uganda's stock of undisbursed external loans surged by over 44% in the first quarter of 2026, reaching Shs20.3 trillion ($5.39 billion). This significant increase raises concerns about potential project delays and the accumulation of commitment charges on unused funds. Source: https://www.monitor.co.ug/uganda/business/finance/undisbursed-external-debt-increases-to-shs20-trillion-5501864
Business 19 June 2026
A Ministry of Finance report suggests that tax incentives appear to generate more economic. Source: https://www.monitor.co.ug/uganda/business/finance/tax-exemptions-working-in-manufacturing-fail-in-construction-and-transport-5501844
Business 19 June 2026
A Ministry of Finance analysis reveals that tax holidays are highly effective in the manufacturing sector, yielding significant returns, while construction and transportation sectors show minimal economic benefit from similar incentives. Source: https://www.monitor.co.ug/uganda/business/finance/tax-exemptions-working-in-manufacturing-fail-in-construction-and-transport-5501844
Business 19 June 2026
The Deposit Protection Fund (DPF) is urging bank customers to avoid using social media as their primary channel for resolving disputes with financial institutions. The DPF warns that unverified complaints can lead to panic and destabilize the banking sector. Source: https://nilepost.co.ug/news/349781/bank-customers-warned-against-turning-disputes-into-social-media-campaigns
Business 19 June 2026
Uganda Electricity Distribution Company Limited (UEDCL) has terminated the contracts of seven senior employees, citing issues related to workplace culture and performance. The fate of the company's Managing Director, however, remains undecided. Source: https://www.monitor.co.ug/uganda/news/national/uedcl-fires-suspended-chiefs-md-fate-undecided-5501806
news 18 June 2026
The Ugandan government plans a significant investment of Shs8.8 trillion in the next financial year, prioritizing the completion of stalled road projects and advancing the Standard Gauge Railway. This infrastructure push aims to boost economic growth and improve regional connectivity. Source: https://www.monitor.co.ug/uganda/news/national/inside-govt-s-shs8-8-trillion-plan-for-roads-railway-in-fy2026-27-5501702
Business 18 June 2026
The Ugandan government is injecting an additional Shs442.2 billion into the Uganda Development Bank (UDB) for the 2026/27 financial year, bringing its total capitalization to Shs1.6 trillion. This strategic move aims to bridge the widening investment capital gap and support the nation's economic development goals. Source: https://www.monitor.co.ug/uganda/business/markets/govt-pushes-capitalisation-in-udb-to-shs1-6-trillion-5501606
environment 18 June 2026
When Uganda's oil and gas sector emerged, it brought a significant challenge: hazardous waste management. EnviroServ (U) Limited recognized this gap, transforming it into a pioneering environmental infrastructure investment that now supports the industry, creates jobs, and benefits local communities. Source: https://ugandainvest.go.ug/from-waste-to-wealth-how-enviroserv-built-a-pioneering-environmental-investment-in-uganda
Business 18 June 2026
Emmanuel Katongole, a former IT consultant, has transformed the foundation of his unbuilt 29-bedroom hotel in Kisaasi into an innovative catfish farm, driven by a quest for a low-supervision, high-return investment. Source: https://www.monitor.co.ug/uganda/news/national/why-katongole-turned-his-29-bedroom-hotel-into-fishponds-5501260
news 18 June 2026
The High Court in Kampala has ordered the New Park Lockup Owners Association to pay over Shs 1.26 billion to two traders, citing breaches of resolutions and fiduciary duties related to the redevelopment of lock-up shops at the New Taxi Park. Source: https://observer.ug/news/court-awards-two-kampala-traders-shs-1-26bn-in-new-taxi-park-redevelopment-dispute
agriculture 18 June 2026
Government officials and avocado value chain stakeholders convened to address challenges and unlock Uganda's export potential in the growing global avocado market. Discussions focused on improving production, value addition, and market access. Source: https://statehouse.go.ug/government-avocado-value-chain-stakeholders-hold-discussions-to-unlock-ugandas-export-potential
Business 18 June 2026
The Ugandan government is urging citizens and particularly Small and Medium Enterprises (SMEs) to unite and drive economic growth in preparation for the upcoming UG Catalyst Summit 2026. The summit aims to strategize for a ten-fold economic expansion. Source: https://nilepost.co.ug/news/349672/government-rallies-ugandans-to-drive-economic-growth-ahead-of-ug-catalyst-summit-2026
Business 18 June 2026
Uganda has signed multiple cooperation agreements with the Chinese city of Hangzhou, focusing on enhancing tourism, investment, and hospitality development. These pacts aim to foster greater collaboration and increase visitor numbers between the two nations. Source: https://www.monitor.co.ug/uganda/news/national/inside-uganda-hangzhou-pact-to-develop-tourism-5500834
Business 18 June 2026
The Uganda Registration Services Bureau (URSB) has removed 37,702 companies from the national register due to a persistent failure to file annual returns for five consecutive years. This significant cleanup aims to enhance corporate compliance and data accuracy. Source: https://nilepost.co.ug/news/349543/ursb-deregisters-37702-companies-over-five-year-failure-to-file-returns
Business 18 June 2026
Years after the discovery of valuable rare earth mineral deposits in eastern Uganda, the commencement of mining operations has been significantly delayed, leaving local communities and leaders frustrated by unfulfilled promises of economic progress. Source: https://www.monitor.co.ug/uganda/news/national/delays-stall-busoga-rare-earth-project-as-communities-await-promised-benefits-5500576
tourism 18 June 2026
Kikonko Lodge is setting a new standard for eco-friendly tourism along the scenic shores of Lake Albert in Uganda's Albertine region. The lodge is actively integrating sustainable practices into its operations, aiming to benefit both the environment and local communities. Source: https://ugandainvest.go.ug/how-kikonko-lodge-is-driving-sustainable-tourism-on-lake-albert
agriculture 18 June 2026
President Yoweri Museveni has thrown his support behind a new Regional Farm Service Centre Initiative, a collaboration aimed at tackling counterfeit agricultural inputs and improving Uganda's livestock sector. Source: https://nilepost.co.ug/news/349527/museveni-backs-regional-farm-service-centre-initiative-to-fight-counterfeit-agro-inputs
news 18 June 2026
Col Edith Nakalema, head of the State House Investors’ Protection Unit, has urged new ministers Sanjay Tanna and Aminah Mukalazi to collaborate in creating a favorable investment climate. She emphasized the need to combat corrupt individuals who extort money from businesses. Source: https://www.monitor.co.ug/uganda/news/national/col-nakalema-line-ministers-must-protect-all-investors-5500498
Business 17 June 2026
Uganda's Embassy in Beijing hosted a "Pearl of Africa" conference in China, aiming to boost tourism and investment cooperation with Hangzhou. The event saw the signing of several MoUs to enhance business linkages and develop tourism infrastructure. Source: https://nilepost.co.ug/news/349429/uganda-hangzhou-forge-new-tourism-investment-partnership-at-pearl-of-africa-conference-in-china
Business 17 June 2026
As many Ugandans plan 'upcountry' trips, a fuel manager emphasizes the critical importance of proper vehicle fueling and maintenance to avoid breakdowns and ensure a hassle-free journey. Ensuring your fuel tank is full and the fuel quality is good are paramount. Source: https://www.monitor.co.ug/uganda/business/auto/going-upcountry-sort-your-fuel-first-5500338
Business 17 June 2026
Toyota has unveiled its 2023 Crown model, marking a significant departure from its traditional sedan roots. This latest iteration aims to captivate a new generation of buyers by offering a unique blend of styles and powertrains, including a hybrid option. Source: https://www.monitor.co.ug/uganda/business/auto/toyota-crown-2023-new-kind-of-toyota-luxury-5500334
Business 17 June 2026
While faulty oxygen sensors may not pose immediate safety issues such as problems with brakes. Source: https://www.monitor.co.ug/uganda/business/auto/do-oxygen-sensors-affect-fuel-economy--5500326
Business 17 June 2026
Kenya and the United States are nearing the finalization of a significant deal concerning critical minerals. This development occurs as African nations increasingly advocate for domestic processing of their mineral resources. Source: https://www.monitor.co.ug/uganda/news/kenya-us-close-in-on-critical-minerals-deal-ruto-says-5500284
Business 17 June 2026
What began as a personal vision in the Kitoba Sub-County has blossomed into a significant multi-sector enterprise, showcasing successful agricultural development and expansion. Source: https://ugandainvest.go.ug/6638-2
Business 17 June 2026
Miika Eco Resort, located on the Hoima Butiaba Road, has evolved from a local vision into a prominent tourism landmark in Uganda's Bunyoro sub-region. Founded in 2016 with an initial investment of USD 1.59 million, the resort has significantly contributed to regional employment and tourism development. Source: https://ugandainvest.go.ug/from-local-vision-to-tourism-landmark-miika-eco-resorts-growth-story
agriculture 17 June 2026
President Museveni has praised a proposed Regional Farm Service Centre Initiative designed to tackle agricultural sector issues in Uganda, particularly the proliferation of fake agro-inputs. The initiative, involving South African partners, also aims to enhance Ankole cattle genetics for export. Source: https://statehouse.go.ug/president-museveni-applauds-proposed-regional-farm-service-centre-initiative
education 17 June 2026
The Public Accountants Examinations Board (PAEB) has announced the results for the May 2026 CPA and CTA examinations, with 117 candidates successfully qualifying as Certified Public Accountants. The overall pass rate for the Certified Tax Advisor (CTA) program also saw an improvement. Source: https://nilepost.co.ug/news/349397/117-qualify-as-accountants-as-paeb-releases-may-2026-cpa-cta-examination-results
law 17 June 2026
Oscar Kambona's 35-year career in tax law, sparked by childhood curiosity, has profoundly influenced Ugandan legislation and legal education. His approach emphasizes preparation meeting opportunity, a principle that guided him from academic pursuits to landmark legal victories. Source: https://www.monitor.co.ug/uganda/business/markets/oscar-kambona-the-lawyer-the-tax-community-learnt-to-respect-5499958
Business 17 June 2026
The Uganda Revenue Authority (URA) is set to adopt updated international transfer pricing guidelines, shifting the focus from simple pricing justification to robust proof of service necessity and benefit. This move is prompted by evolving OECD standards and a significant tax dispute involving Stanbic Bank. Source: https://www.monitor.co.ug/uganda/business/finance/how-ura-plans-to-catch-fake-intra-group-charges-5499920
Business 17 June 2026
The National Tourism Events Organizers Federation (NTEOF) is appealing to the Ugandan government for intervention to alleviate significant financial burdens on the tourism events sector, including high security expenses and ticket Value Added Tax (VAT). Source: https://nilepost.co.ug/news/349339/tourism-events-organizers-urge-government-to-cut-security-costs-review-ticket-taxes
Business 17 June 2026
The Uganda Registration Services Bureau (URSB) has successfully resolved 89 commercial disputes through Alternative Dispute Resolution (ADR) mechanisms in the current financial year. This achievement was highlighted during a visit by the Chief Justices of Uganda and Zambia, underscoring the growing importance of ADR in fostering business certainty and economic growth. Source: https://nilepost.co.ug/news/349333/ursb-resolves-89-commercial-disputes-through-adr-boosting-business-confidence
Business 17 June 2026
New Taxi Park association officials lose court battle over shop allocation. Source: https://www.monitor.co.ug/uganda/news/national/court-awards-new-taxi-park-traders-over-shs1-25b-in-shop-allocation-dispute-5499546
Business 17 June 2026
The High Court has awarded over Shs1.25 billion in damages to two traders who were unfairly denied ground-floor shops at the redeveloped New Taxi Park, despite fulfilling their financial obligations. Source: https://www.monitor.co.ug/uganda/news/national/court-awards-new-taxi-park-traders-over-shs1-25b-in-shop-allocation-dispute-5499546
Business 17 June 2026
The Ugandan government is launching a tax holiday initiative to attract significant investments in ultra-luxury hotels and tourism facilities, aiming to accelerate sector growth and economic development. Source: https://ugandainvest.go.ug/incentives-for-investors-in-the-tourism-sector-in-uganda
Business 17 June 2026
Despite disruptions from Ebola-related travel restrictions affecting international flights, Uganda's aviation industry is experiencing a surge in investor interest, with ten new companies applying for air service licenses. Source: https://observer.ug/news/ten-new-airlines-eye-ugandas-skies
travel 17 June 2026
Residents of Kanungu District are up in arms over the dilapidated state of the Kanyantorogo-Buhoma-Bwindi road, a crucial artery to the popular Bwindi Impenetrable National Park. The poor condition of the road has led to accidents, increased transportation costs, and frustrated tourists. Source: https://www.monitor.co.ug/uganda/news/national/kanungu-residents-decry-sorry-state-of-bwindi-tourism-road-5499346
Business 17 June 2026
The CEO of Cadbury's parent company, Mondelez, has defended the decision to maintain business in Russia, citing concerns over job losses and potential asset seizure. However, he acknowledged the ethical dilemma of paying taxes that fund the ongoing war in Ukraine. Source: https://nilepost.co.ug/news/349198/cadbury-chocolate-owner-mondelez-defends-staying-in-russia
Sports 17 June 2026
Beyond the on-field action of the World Cup, a fierce competition unfolds between sportswear giants Nike, Adidas, and Puma. Their battle is waged through lucrative sponsorship deals, soaring shirt sales, and brand visibility among global football fans. Source: https://www.monitor.co.ug/uganda/sports/world-cup/the-other-world-cup-nike-adidas-and-puma-s-battle-for-supremacy-5498726
Sports 17 June 2026
Beyond the goals and glory on the field, a fierce commercial rivalry plays out between sportswear giants Nike and Adidas, using the World Cup as their ultimate stage to win over fans and boost sales. Source: https://www.monitor.co.ug/uganda/sports/world-cup/the-other-world-cup-nike-adidas-and-puma-s-battle-for-supremacy-5498726
news 16 June 2026
The Electricity Regulatory Authority (ERA) has begun the process of selecting a new Chief Executive Officer, but insiders are raising questions about the transparency of the internal recruitment drive. Source: https://www.monitor.co.ug/uganda/news/national/high-stakes-as-era-starts-search-for-chief-executive-5499178
Business 16 June 2026
Effective public relations hinges on understanding your audience and strategically communicating to build positive relationships. By identifying key stakeholders, organizations can tailor their messages and actions to foster goodwill and achieve desired outcomes. Source: https://www.monitor.co.ug/uganda/oped/commentary/the-r-in-public-relations-is-a-card-you-can-play-to-win-5499124
Business 16 June 2026
A 39-year-old Ugandan entrepreneur transformed his retirement vision on the Mpatta Peninsula into a sprawling, multi-billion-shilling lakeside resort, attracting international attention. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/how-retirement-dream-became-multi-billion-shilling-lakefront-resort-5498488
Business 16 June 2026
The European Union, in collaboration with UN agencies and Enabel, has launched a €15.5 million initiative aimed at unlocking investment in Uganda's tourism sector. The program will focus on addressing structural barriers, particularly for small and medium-sized enterprises, to foster job creation and inclusive economic growth. Source: https://www.monitor.co.ug/uganda/news/national/eu-backed-15-5-million-initiative-to-unlock-investment-in-uganda-s-tourism-sector-5498956
Business 16 June 2026
Elon Musk's SpaceX has experienced a significant increase in its market value, overtaking Amazon to become the world's fifth most valuable company after a substantial rise in its share price. Source: https://nilepost.co.ug/news/349125/musks-spacex-overtakes-amazon-to-become-worlds-fifth-most-valuable-firm
Business 16 June 2026
Former Insurance Regulatory Authority (IRA) CEO Ibrahim Kaddunabbi is challenging his non-renewal, citing strong performance appraisals and sector growth during his tenure. The IRA board, however, points to an Auditor General's report citing financial and administrative concerns. Source: https://www.monitor.co.ug/uganda/business/insurance/why-kaddunabbi-wants-his-ira-contract-renewed-5498610
Business 16 June 2026
Despite a near 70% rise in gross written premiums to over Shs2 trillion in five years, insurance penetration in Uganda remains below 1%. The sector's growth is increasingly driven by life insurance, though challenges persist in reaching ordinary Ugandans. Source: https://www.monitor.co.ug/uganda/business/insurance/insurance-premiums-have-doubled-in-five-years-why-does-penetration-remain-stubbornly-low--5498510
Business 16 June 2026
The Commercial Court has ordered Boss Beverage Company Limited to pay Absa Bank Uganda over Shs710 million in outstanding loan obligations. The court also authorized the bank to sell the company's mortgaged property to recover the debt. Source: https://www.monitor.co.ug/uganda/news/national/court-orders-boss-beverage-to-pay-shs710m-debt-to-absa-bank-clears-sale-of-mortgaged-property-5498548
national 16 June 2026
Despite a recent peace agreement between the US and Iran potentially lowering global fuel prices, experts and the Ministry of Energy indicate that Uganda's pump prices will not see immediate adjustments. This is due to existing high-cost fuel stock purchased by the Uganda National Oil Company (UNOC). Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-fuel-prices-may-not-be-adjusted-even-after-us-iran-peace-agreement-say-experts-5498384
Business 16 June 2026
Commercial banks continue to be the primary financiers of Uganda's government debt, holding the largest share of securities. However, other institutional investors, particularly pension funds, are steadily increasing their participation. Source: https://www.monitor.co.ug/uganda/business/finance/banks-remain-largest-source-of-govt-debt--5498472
news 16 June 2026
Months after devastating floods destroyed merchandise worth millions at Totala Business Centre, affected traders are renewing their calls for government compensation, citing mounting debts and the risk of losing their homes. Source: https://nilepost.co.ug/news/348878/flood-hit-totala-traders-renew-compensation-demand
Business 16 June 2026
Weighing scales disappear as Uganda’s market economy adapts to hardship. Source: https://www.monitor.co.ug/uganda/news/national/mbale-traders-shift-to-heap-selling-as-cost-of-living-bites-5497804
Business 15 June 2026
Four years, one budget theme, and a question that affects every Ugandan: Is full monetisation. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-s-long-road-to-a-money-economy-5497100
Business 15 June 2026
Economist Dr. Fred Muhumuza argues that Uganda's ambitious economic goals require deep structural reforms, focusing on procurement, salaries, and efficient public spending, rather than just allocating funds to priority sectors. Source: https://www.monitor.co.ug/uganda/business/prosper/muhumuza-reforms-are-the-only-way-to-double-digit-growth-5497656
Business 15 June 2026
Traders count losses as Oboja Road falls apart. Source: https://www.monitor.co.ug/uganda/news/national/oboja-road-decay-threatens-business-trade-in-jinja-5497624
news 15 June 2026
Traders in Jinja City are facing significant financial losses and operational challenges due to the severe deterioration of Oboja Road, a vital commercial artery. The road's poor condition, marked by deep potholes and inadequate drainage, is deterring customers and increasing transportation costs. Source: https://www.monitor.co.ug/uganda/news/national/oboja-road-decay-threatens-business-trade-in-jinja-5497624
Business 15 June 2026
The case has suffered several delays, including adjournments caused by the pending. Source: https://www.monitor.co.ug/uganda/news/national/shs3-6b-fraud-case-against-former-trade-ps-geraldine-ssali-set-for-trial-5497500
Business 15 June 2026
The institution has been waiting for more than a month for funds from the Ministry of Finance. Source: https://www.monitor.co.ug/uganda/news/national/judiciary-lacks-money-to-hear-118-election-petitions-5497118
legal 15 June 2026
The High Court in Kampala has scheduled June 29 to deliver a ruling on former Insurance Regulatory Authority (IRA) CEO Alhaj Kaddunabbi Ibrahim Lubega's request to temporarily stay in office. Kaddunabbi is challenging the decision not to renew his contract. Source: https://www.monitor.co.ug/uganda/news/national/court-set-to-rule-on-kaddunabbi-s-bid-to-temporarily-remain-in-office-as-ira-boss-5497140
Business 15 June 2026
The Uganda National Oil Company (UNOC) is experiencing internal tensions due to the extended contracts of its senior management, delaying succession plans for mid-level employees. Source: https://www.monitor.co.ug/uganda/news/national/contract-extensions-stir-tension-at-unoc-5496710
Business 15 June 2026
The 2024 Census report indicated that a third - about 33.1% of households arein the subsistence. Source: https://www.monitor.co.ug/uganda/business/prosper/who-is-in-the-money-economy--5496670
Business 15 June 2026
A recent census report indicates that two-thirds of Ugandan households are now participating in the money economy, a significant increase driven by financial inclusion and modernized payment systems. Source: https://www.monitor.co.ug/uganda/business/prosper/who-is-in-the-money-economy--5496670
Business 15 June 2026
President Museveni's proposal to establish a Sovereign Fund for oil revenues has garnered significant support, aiming to prevent mismanagement and corruption while fostering long-term national wealth. Source: https://www.monitor.co.ug/uganda/news/national/museveni-gets-backing-on-oil-sovereign-fund-5496648
Business 15 June 2026
Uganda's booming tourism industry faces a critical shortage of skilled workers as graduates increasingly seek better-paying jobs abroad, particularly in the Middle East. This "great hospitality exodus" leaves local establishments struggling to fill essential roles despite growing training programs and investment. Source: https://www.monitor.co.ug/uganda/business/prosper/the-great-hospitality-exodus-5496638
Business 15 June 2026
Uganda's electricity sector is grappling with significant financial challenges, carrying liabilities of approximately Shs11.41 trillion, leading the Ministry of Finance to warn of potential government intervention. Source: https://www.monitor.co.ug/uganda/business/markets/a-power-sector-in-deep-financial-distress--5496252
Business 15 June 2026
Uganda's drive for industrialization is being hampered by a tax environment that often prioritizes revenue collection over fostering manufacturing growth, creating significant challenges for local producers. Source: https://www.monitor.co.ug/uganda/business/prosper/the-clash-between-tax-revenue-and-manufacturing-growth-5496588
agriculture 14 June 2026
Struggling small-scale tea farmers in southwestern Uganda are exploring value-added products as a solution to the persistent low prices and market volatility affecting raw tea exports. Source: https://www.monitor.co.ug/uganda/news/national/value-addition-offers-lifeline-for-struggling-kigezi-tea-farmers-5496246
Business 14 June 2026
Uganda's pension funds are increasingly eyeing the real estate sector as a viable investment frontier, despite prevailing challenges such as incomplete projects and financing gaps that have stalled development. Source: https://www.monitor.co.ug/uganda/business/markets/why-real-estate-is-the-next-frontier-for-uganda-s-pension-funds--5495570
Business 14 June 2026
Wakiso traders to double capacity under new market plan. Source: https://www.monitor.co.ug/uganda/news/national/ray-of-hope-for-victims-of-trade-evictions-as-wakiso-gets-shs37b-market-projects-5496016
Business 14 June 2026
Wakiso District is set to transform its market landscape with the launch of two modern market projects, Wakiso Central Daily Market and Kawuku Market, valued at Shs37 billion. These developments aim to significantly increase vendor capacity and improve working conditions. Source: https://www.monitor.co.ug/uganda/news/national/ray-of-hope-for-victims-of-trade-evictions-as-wakiso-gets-shs37b-market-projects-5496016
Business 14 June 2026
The Uganda Revenue Authority (URA) has paid out Shs2.4 billion to Canaan Sites Limited, a property developer, resolving a legal dispute over Value Added Tax (VAT) wrongly charged on unimproved land. However, a further Shs500 million remains disputed. Source: https://www.monitor.co.ug/uganda/news/national/ura-pays-shs2-4b-for-wrongly-collected-taxes-from-property-developer-5495872
Health 14 June 2026
Global crypto exchange Binance has provided a $250,000 humanitarian donation to support the fight against the Bundibugyo virus strain of Ebola. The funds will be equally divided between the Uganda Red Cross Society and Doctors Without Borders (MSF) to bolster emergency response efforts in Uganda and the Democratic Republic of Congo. Source: https://www.monitor.co.ug/uganda/news/national/uganda-dr-congo-receive-250-000-boost-in-ebola-fight-5495786
Business 13 June 2026
As Uganda pursues a tenfold economic growth, government says success will depend on investment. Source: https://www.monitor.co.ug/uganda/business/finance/govt-bets-on-atms-to-build-500b-economy-5495544
Business 13 June 2026
The Ugandan government has set an ambitious target to grow its economy to $500 billion, with a strong emphasis on attracting investment as the primary driver for this expansion. This strategy aims to significantly boost the nation's economic output over the coming years. Source: https://www.monitor.co.ug/uganda/business/finance/govt-bets-on-atms-to-build-500b-economy-5495544
Business 13 June 2026
The suspects told police officers they have been doing it on a daily basis, trapping and. Source: https://www.monitor.co.ug/uganda/news/national/police-seize-four-slaughtered-dogs-headed-for-mubende-roadside-market-5494982
Business 13 June 2026
Telecoms cry foul as UCC Backs neighbourhood Wi-Fi hotspots. Source: https://www.monitor.co.ug/uganda/business/technology/ucc-backs-shs1-000-wi-fi-hotspot-economy-tells-telecoms-to-innovate-5495018
Technology 13 June 2026
The Uganda Communications Commission (UCC) is endorsing a new model of affordable Wi-Fi hotspots, accessible for as little as Shs1,000, aiming to boost digital inclusion. This move is pushing traditional telecom operators to explore innovative service delivery. Source: https://www.monitor.co.ug/uganda/business/technology/ucc-backs-shs1-000-wi-fi-hotspot-economy-tells-telecoms-to-innovate-5495018
Business 13 June 2026
The African Public Relations Association (APRA) and Node Group have entered into a Memorandum of Understanding (MoU) to provide free, virtual training to 10,000 communications professionals across Africa over five years through the PR Fundi Masterclass program. Source: https://nilepost.co.ug/news/348483/continental-pr-association-node-group-sign-mou-to-upskill-10000-communications-professionals-across-africa
news 13 June 2026
Construction has officially begun on the Shs16.7 billion Kawuku Market in Wakiso District, a key project under the Greater Kampala Metropolitan Area Urban Development Programme. The initiative aims to modernize urban centers and boost economic opportunities. Source: https://nilepost.co.ug/news/348449/shs16-billion-kawuku-market-construction-begins
government 13 June 2026
The Ugandan government is set to phase out all manual procurement processes by July 1, 2026, transitioning to a mandatory electronic government procurement system to combat corruption and enhance efficiency. Source: https://www.monitor.co.ug/uganda/news/national/govt-to-phase-out-manual-procurement-by-july-to-curb-corruption-5494864
Business 12 June 2026
SpaceX's record-breaking initial public offering has made its founder, Elon Musk, the world's first trillionaire. The IPO highlights investor confidence in Musk's ambitious ventures, despite controversies surrounding his leadership. Source: https://www.monitor.co.ug/uganda/business/technology/spacex-ipo-makes-elon-musk-the-world-s-first-trillionaire-5494204
economy 12 June 2026
President Yoweri Museveni has declared Uganda a land of opportunity as its economy accelerates, projecting a 10.2% growth next year driven by the commencement of oil production and strategic sector investments. The government is prioritizing key areas to boost production, exports, and job creation, aiming for a significant economic transformation. Source: https://ugandainvest.go.ug/uganda-has-become-a-land-of-opportunity-and-promise-president-museveni
Business 12 June 2026
Uganda's national budget for the 2026/27 financial year has earmarked significant resources for key sectors, with Agro-Industrialisation receiving the largest allocation to boost agricultural productivity and value addition. Source: https://ugandainvest.go.ug/top-investment-priorities-in-ugandas-national-budget-for-financial-year-2026-27
Business 12 June 2026
Tech mogul Elon Musk has achieved a historic financial feat, with his personal wealth surpassing the $1 trillion mark. This unprecedented accumulation of wealth is driven by the significant rise in the valuation of his ventures. Source: https://www.monitor.co.ug/uganda/business/technology/elon-musk-enters-uncharted-territory-as-fortune-tops-1-trillion-5494224
Business 12 June 2026
While Uganda’s Data Protection and Privacy Act, 2019 strictly regulates how personal. Source: https://www.monitor.co.ug/uganda/news/national/kampala-court-convicts-businesswoman-over-mobile-loan-data-privacy-breach-5493840
Business 12 June 2026
Finance officials pledge teamwork after cabinet reshuffle. Source: https://www.monitor.co.ug/uganda/news/national/kasaija-hands-over-finance-ministry-urges-continuity-in-economic-growth-agenda-5494050
Business 12 June 2026
Banange, the cabinet is impressive in the same way a hippo is impressive, massive, expensive to. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/kenzo-for-finance-tabz-for-defence-5493842
world 12 June 2026
Uganda's government remains unbothered by Kuwait's recent ban on recruiting domestic workers from the country, asserting that it does not affect formal labor agreements and highlighting the strong influx of remittances from Ugandans working abroad. Source: https://www.monitor.co.ug/uganda/news/national/uganda-unfazed-by-kuwait-labour-ban-as-middle-east-remittances-hit-shs3-trillion-5493596
Business 12 June 2026
The Ugandan government has introduced a raft of new tax measures and adjustments for the Financial Year 2026/27, aiming to significantly increase domestic revenue to Shs45.96 trillion. These changes include adjustments to income tax, VAT, excise duties, and stamp duties, alongside measures to encourage compliance and support specific industries. Source: https://www.monitor.co.ug/uganda/news/national/budget-how-new-taxes-will-squeeze-ugandans-5493670
economy 11 June 2026
East African nations are balancing managing rising debt obligations with investing in growth for the new financial year, as countries like Uganda focus on oil-related infrastructure while others like Kenya boost social spending. Source: https://www.monitor.co.ug/uganda/news/national/debt-bites-oil-beckons-east-africa-trims-spending-to-protect-growth-in-new-financial-year-5493608
Business 11 June 2026
The Ugandan government has announced a tax holiday incentive for significant investors in luxury hotels and tourism facilities, aiming to stimulate growth in the vital tourism sector. Source: https://www.monitor.co.ug/uganda/news/national/tourism-govt-announces-tax-holiday-for-big-hotel-investors-5493220
Business 11 June 2026
The Ugandan Parliament has approved a raft of new tax measures for the Financial Year 2026/27, aiming to enhance domestic revenue collection to Shs45.96 trillion while simultaneously fostering economic growth and investment. Source: https://www.monitor.co.ug/uganda/news/national/the-new-tax-measures-for-fy2026-27-5493012
Business 11 June 2026
New tax reforms in Uganda are facing scrutiny from gender advocates who argue that while some measures are progressive, others could exacerbate existing economic inequalities, particularly for women in the informal sector. Source: https://www.monitor.co.ug/uganda/business/finance/tax-reforms-reignite-debate-on-gender-and-economic-inclusion--5492940
economy 11 June 2026
Uganda's government is projecting a remarkable 10.2% economic growth in the upcoming fiscal year, largely fueled by the anticipated commencement of commercial oil production. Source: https://www.monitor.co.ug/uganda/news/national/uganda-projects-10-2-growth-as-oil-production-nears-5492708
Business 11 June 2026
Finance Minister Henry Musasizi said the interventions are reducing barriers to economic. Source: https://www.monitor.co.ug/uganda/news/national/wealth-creation-to-receive-shs11-trillion-in-new-budget-5492778
Business 11 June 2026
Consumers across Uganda are facing significantly higher meat prices, with beef and goat meat costs surging in various cities and towns. Traders attribute the steep increases to rising fuel costs, livestock quarantines, and a general shortage of animals on the market. Source: https://www.monitor.co.ug/uganda/news/national/fuel-costs-quarantines-drive-up-uganda-s-meat-prices-5492322
Business 11 June 2026
Ms Nabbanja noted that the chronic absence of ministers does more than stall parliamentary debate. Source: https://www.monitor.co.ug/uganda/news/national/work-or-exit-pm-nabbanja-draws-red-line-on-parliamentary-absenteeism-targets-500b-economy-5492294
Business 10 June 2026
Eyewitnesses reported that the entire area was engulfed within minutes. Source: https://www.monitor.co.ug/uganda/news/national/mbale-traders-count-millions-in-losses-as-late-night-fire-guts-bugema-market-5492188
news 10 June 2026
A fierce overnight fire has destroyed numerous kiosks and market stalls in Mbale City's Bugema area, causing millions of shillings in losses for local traders. Investigations into the cause of the blaze are ongoing. Source: https://www.monitor.co.ug/uganda/news/national/mbale-traders-count-millions-in-losses-as-late-night-fire-guts-bugema-market-5492188
Business 10 June 2026
Tourism also continued to demonstrate its importance to the economy. Source: https://www.monitor.co.ug/uganda/business/finance/2025-26-budget-the-hits-and-the-misses-5492104
Business 10 June 2026
Uganda's 2025/2026 national budget has been unveiled, highlighting a focus on economic transformation and service delivery, yet facing scrutiny over its potential impact and specific allocations. Tourism, in particular, has been recognized for its continued economic significance. Source: https://www.monitor.co.ug/uganda/business/finance/2025-26-budget-the-hits-and-the-misses-5492104
Business 10 June 2026
Fuel economy, maintenance costs, mileage and even perception now determine whether your car is. Source: https://www.monitor.co.ug/uganda/business/auto/why-some-used-cars-sell-faster-than-others-5491954
Business 10 June 2026
The speed at which a used car sells in Uganda is influenced by a combination of practical factors like fuel efficiency and maintenance costs, alongside market perceptions and the vehicle's overall condition. Source: https://www.monitor.co.ug/uganda/business/auto/why-some-used-cars-sell-faster-than-others-5491954
Business 10 June 2026
The State House Investors Protection Unit (SHIPU) convened a crucial meeting with stakeholders from manufacturing and digital technology sectors, including Huawei Uganda, to foster collaboration and enhance the investment environment. The dialogue aimed to bridge policy and production, address business challenges, and promote industrial growth. Source: https://statehouse.go.ug/shipu-hosts-investors-for-dialogue-to-strengthen-ugandas-investment-climate
Business 10 June 2026
Uganda's total government-backed loan guarantees have significantly increased to $200 million in the 2024/25 financial year, driven primarily by new financing facilities secured by the Uganda Development Bank (UDB). Despite the rise in total value, actual disbursed amounts remained lower than approved loans. Source: https://www.monitor.co.ug/uganda/business/markets/govt-loan-guarantees-rise-to-200m--5492018
Business 10 June 2026
The new mortgage refinance law could expand housing finance, but affordability and land. Source: https://www.monitor.co.ug/uganda/business/markets/why-mortgage-reforms-won-t-solve-uganda-s-housing-crisis-5491998
Business 10 June 2026
Uganda's new Mortgage Refinance Institutions Act aims to ease housing finance, but challenges in affordability, land ownership, and the lack of a social housing system mean the housing crisis will likely persist for many. Source: https://www.monitor.co.ug/uganda/business/markets/why-mortgage-reforms-won-t-solve-uganda-s-housing-crisis-5491998
Business 10 June 2026
Uganda's government is aligning its 2026/27 budget with the ATMS (Agriculture, Tourism, Minerals, Manufacturing, Science, Technology, and Innovation) framework, aiming for coordinated investment to drive industrialization and boost exports. Source: https://www.monitor.co.ug/uganda/business/finance/aligning-2026-27-budget-to-atms-growth-agenda--5491958
Business 10 June 2026
Uganda Airlines has finalized a significant Shs3.7 trillion agreement with American manufacturer Boeing for the acquisition of 10 new aircraft, a move aimed at bolstering the national carrier's fleet and expanding its operational capacity. Source: https://www.monitor.co.ug/uganda/news/national/uganda-secures-shs3-7-trillion-deal-for-10-new-boeing-passenger-planes-5491910
Business 10 June 2026
A Ugandan construction company has lodged a petition with the government and Parliament, seeking intervention to recover over Shs10.5 billion in unpaid dues and damages stemming from a road project dispute in the Democratic Republic of Congo. Source: https://www.monitor.co.ug/uganda/news/national/ugandan-firm-seeks-govt-help-over-shs10-5b-drc-road-contract-dispute-5491340
news 10 June 2026
As the East African Crude Oil Pipeline (EACOP) nears completion, the project company has begun significant layoffs, raising concerns about job security and potential discrimination against local staff. Source: https://www.monitor.co.ug/uganda/news/national/oil-pipeline-layoffs-signal-job-cuts-surge-in-sector-5491082
Business 9 June 2026
After their disappointing quarter-final exit at Euro 2024, Portugal roared back to beat. Source: https://www.monitor.co.ug/uganda/sports/world-cup/ronaldo-heads-for-sixth-world-cup-with-unfinished-business-5485384
Business 9 June 2026
Mr Kidega said the thugs could be part of armed assailants who have terrorised the Acholi. Source: https://www.monitor.co.ug/uganda/news/national/gunmen-kill-agago-businessman-as-wave-of-armed-violence-terrorises-acholi-sub-region-5490924
lifestyle 9 June 2026
Contrary to popular perception, Uganda's burgeoning 'soft life' trend, characterized by luxury and leisure, often masks extensive effort and financial strategy. Young people are discovering that achieving this lifestyle requires dedicated work and careful planning, not just passive enjoyment. Source: https://www.monitor.co.ug/uganda/magazines/life/the-reality-of-appearances-soft-life-is-actually-hard-work-5490432
Business 9 June 2026
Mr Kidega said the thugs could be part of armed assailants who have terrorised the Acholi. Source: https://www.monitor.co.ug/uganda/news/national/how-gunman-shot-dead-agago-businessman-5490924
Politics 9 June 2026
President Museveni has called for faster integration within the East African Community, pushing for improved regional infrastructure, streamlined trade, and a quicker move towards a common currency to foster economic growth. Source: https://statehouse.go.ug/president-museveni-pushes-for-faster-eac-integration-and-improved-regional-infrastructure
Business 9 June 2026
Absa Bank has significantly boosted its standing in Uganda's retail banking sector following regulatory approval of its acquisition of Standard Chartered Bank's retail and wealth management business. This strategic move enhances Absa's scale and competitive position in a rapidly evolving financial landscape. Source: https://www.monitor.co.ug/uganda/business/markets/the-battle-for-uganda-s-banking-retail-market-5490696
Business 9 June 2026
Absa’s acquisition of Standard Chartered’s retail and wealth unit accelerates its rise among. Source: https://www.monitor.co.ug/uganda/business/markets/the-battle-for-uganda-s-banking-retail-market-5490696
Business 9 June 2026
The conflict in the Middle East has severely disrupted air cargo routes for Ugandan flower exporters, leading to a 65% reduction in cargo capacity, soaring freight costs, and significant financial losses. Source: https://www.monitor.co.ug/uganda/business/markets/flower-exports-wilt-under-middle-east-cargo-crunch-5490684
Business 9 June 2026
Some residents attribute the rise in crime to the recent enforcement of trade order. Source: https://www.monitor.co.ug/uganda/news/national/violent-crimes-continue-to-unsettle-ugandans-5490290
Business 9 June 2026
In many municipalities and regional cities, some rental houses which had previously been. Source: https://www.monitor.co.ug/uganda/special-reports/how-trade-order-enforcement-has-caused-surge-in-rental-fees-5489880
Business 9 June 2026
The stringent enforcement of a trade order, aimed at relocating vendors from streets and undesignated areas, has unexpectedly driven up rental costs for commercial and residential spaces nationwide. Displaced traders are now scrambling for limited formal spaces, leading landlords to significantly increase fees. Source: https://www.monitor.co.ug/uganda/special-reports/how-trade-order-enforcement-has-caused-surge-in-rental-fees-5489880
transport 8 June 2026
Residents, traders, and motorists along the Masaka-Mutukula highway are voicing concerns over the slow progress of reconstruction works, now nearly two years into the project. The delays are impacting local businesses and raising safety issues. Source: https://www.monitor.co.ug/uganda/news/national/locals-complain-over-pace-of-masaka-mutukula-roadworks-5489792
Technology 8 June 2026
The latest 2026 Global Outsourcing Talent Index has placed Uganda as the 24th best country worldwide for outsourcing destinations, highlighting its growing competitiveness in the digital services sector. Source: https://www.monitor.co.ug/uganda/news/national/uganda-shines-in-global-talent-index-5489318
Health 8 June 2026
St. Francis Hospital, Nsambya is grappling with significant financial distress, largely due to short-term liquidity issues, coupled with internal management conflicts and staff dissatisfaction. Source: https://www.monitor.co.ug/uganda/special-reports/money-management-woes-afflict-nsambya-hospital-5489170
Business 8 June 2026
Dr. Sande Protazio, recently appointed Acting CEO of the Insurance Regulatory Authority of Uganda, attributes his journey from humble beginnings to overcoming significant challenges, including a daily 12km walk to school. Source: https://www.monitor.co.ug/uganda/business/prosper/sande-s-12km-walk-that-changed-everything-5489040
Business 8 June 2026
Uganda faces significant economic repercussions from the recent Ebola outbreak, with the crucial tourism and export sectors experiencing disruptions that could impact foreign exchange earnings. Source: https://www.monitor.co.ug/uganda/business/prosper/the-cost-of-ebola-outbreak-5489078
Business 8 June 2026
The Uganda Investment Authority (UIA), in collaboration with Operation Wealth Creation (OWC), has launched a new Investment Profile for Uganda's Acholi Sub-Region. This initiative aims to provide crucial information to potential domestic and foreign investors, highlighting the region's growing appeal as an investment destination. Source: https://ugandainvest.go.ug/uia-launches-investment-profile-for-acholi-sub-region-in-northern-uganda
Business 8 June 2026
Uganda is set to implement substantial tax relief measures starting July 1, 2026, offering waivers on historical tax liabilities, penalties, and interest for eligible taxpayers. Source: https://www.monitor.co.ug/uganda/business/prosper/who-qualifies-for-new-tax-waivers--5488894
Business 8 June 2026
In many social contexts, admitting a lack of funds is met with discomfort or suspicion, yet it can be a crucial sign of financial discipline and intentionality. Understanding the difference between having money and having allocated funds is key to avoiding constant financial pressure. Source: https://www.monitor.co.ug/uganda/business/prosper/why-financial-honesty-still-feels-uncomfortable-5488738
Business 8 June 2026
A recent government ban on the 'hurry-up' fishing method for Mukene (silverfish) in Eastern Uganda has led to a drastic price increase, severely impacting local livelihoods and food security. Source: https://www.monitor.co.ug/uganda/news/national/mukene-price-crisis-how-government-s-hurry-up-net-ban-has-hit-wallets-livelihoods-across-eastern-uganda-5488682
Business 8 June 2026
Despite Uganda's rich mineral reserves, the mining sector's contribution to GDP remains low due to a lack of robust institutions, regulatory uncertainty, and insufficient support for artisanal miners. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-s-mining-boom-what-s-holding-it-back--5488706
Business 7 June 2026
Commercial Banks on high alert for cyber thieves ahead of BoU cash limits. Source: https://www.monitor.co.ug/uganda/news/national/bou-limits-cash-withdrawals-to-shs50m-daily-as-uganda-pivots-to-digital-economy-5488660
Business 7 June 2026
The Bank of Uganda has implemented new daily cash withdrawal limits, restricting individuals to Shs50 million and businesses to Shs500 million, as the nation accelerates its pivot towards a cashless, digital economy. Source: https://www.monitor.co.ug/uganda/news/national/bou-limits-cash-withdrawals-to-shs50m-daily-as-uganda-pivots-to-digital-economy-5488660
Business 7 June 2026
"The people of Busoga must aggressively transition to viewing agriculture as a strict business. Source: https://www.monitor.co.ug/uganda/news/national/grow-project-government-bets-on-women-entrepreneurs-to-break-busoga-s-poverty-cycle-5488524
Business 7 June 2026
Jinja City Council’s local revenue has grown exponentially, skyrocketing from Shs2 billion to. Source: https://www.monitor.co.ug/uganda/news/national/how-trade-order-enforcement-is-rewriting-jinja-city-s-economic-story-5488544
Business 7 June 2026
Jinja City's local revenue has surged from Shs2 billion to Shs15 billion, with projections to reach Shs20 billion, a transformation credited to the rigorous enforcement of trade regulations and urban reorganization. Source: https://www.monitor.co.ug/uganda/news/national/how-trade-order-enforcement-is-rewriting-jinja-city-s-economic-story-5488544
opinion 7 June 2026
A recent tomato harvest provided a unique perspective on the true nature of wealth, contrasting static capital with active enterprise. Source: https://www.monitor.co.ug/uganda/oped/commentary/what-a-tomato-harvest-taught-me-about-wealth-5488532
Business 7 June 2026
President Museveni's recent comments on Ugandans seeking employment abroad have sparked debate, as remittances from migrant workers reach $2.5 billion, particularly from Middle Eastern countries. Source: https://www.monitor.co.ug/uganda/business/markets/president-museveni-s-comments-on-migrant-labour-out-of-touch-or-just-ignoring-economic-realities--5488328
Business 7 June 2026
Starting July 1, Uganda's government will implement a new collaborative procurement strategy, consolidating the buying of common user items across all ministries, departments, agencies, and local governments. This reform aims to reduce costs, enhance efficiency, and combat corruption. Source: https://www.monitor.co.ug/uganda/business/markets/govt-s-bold-procurement-reset-is-it-the-end-of-fragmented-buying--5488294
Business 7 June 2026
Ugandan pharmaceutical firm Quality Chemical is expanding its manufacturing capabilities with a focus on producing vital drugs for tuberculosis and sickle cell anemia. The company's recent record profits and a significant expansion project underscore its strategic pivot towards addressing critical healthcare needs across Africa. Source: https://www.monitor.co.ug/uganda/business/markets/quality-chemical-bets-on-tb-and-sickle-cell-drugs--5488256
Business 7 June 2026
A single set of documents will work from Uganda to any other EAC state. Source: https://www.monitor.co.ug/uganda/news/national/how-eac-moves-to-strengthen-regional-trade-5488016
Business 7 June 2026
East African Community member states have adopted new measures to digitize documentation, harmonize product standards, and provide regional incentives to strengthen trade and industrialization within the bloc. Source: https://www.monitor.co.ug/uganda/news/national/how-eac-moves-to-strengthen-regional-trade-5488016
Business 6 June 2026
Western countries develop systems and institutions, Uganda developed personalities. Many. Source: https://www.monitor.co.ug/uganda/oped/commentary/4-decades-of-nrm-celebrating-stability-and-the-genius-of-boda-boda-economy-5486962
Business 6 June 2026
A significant tax dispute involving Uganda's Bujagali Hydro Power Project, valued at Shs157 billion, is poised to have far-reaching implications for multi-billion dollar infrastructure developments across East Africa. The High Court's ruling, though specific to Ugandan law, highlights critical issues for investors and governments in the region. Source: https://www.monitor.co.ug/uganda/business/finance/how-shs157b-bujagali-tax-dispute-will-reshape-east-africa-s-multi-billion-infrastructure-projects-5487378
Business 6 June 2026
Museveni declares middle-income status, projects 10% economic growth ahead of oil flow. Source: https://www.monitor.co.ug/uganda/business/markets/how-uganda-moved-from-magendo-economy-to-69b-gdp-5487302
economy 6 June 2026
Uganda has achieved middle-income status, with its GDP reaching an estimated $69 billion. This significant economic shift is attributed to reforms that moved the country away from the 'magendo' or informal economy towards a more structured system. Source: https://www.monitor.co.ug/uganda/business/markets/how-uganda-moved-from-magendo-economy-to-69b-gdp-5487302
Business 6 June 2026
Phrase Lubega's return to lead MTN Mobile Money marks a significant strategic move for the telecommunications giant. This appointment is seen as a signal of a new, ambitious era for the company's mobile financial services division. Source: https://www.monitor.co.ug/uganda/business/finance/why-phrase-lubega-s-appointment-signals-bold-new-era-for-mtn-mobile-money-5487262
Business 6 June 2026
Transporting goods to nearby markets such as Ggaba, 2.5 kilometres away, was costly and. Source: https://www.monitor.co.ug/uganda/news/national/ntenjeru-bule-road-spurs-mukono-business-boom-5486922
development 6 June 2026
The ongoing Ntenjeru-Bule Road construction in Mukono District is revitalizing the local economy, leading to increased business activity, population growth, and a boom in real estate and tourism. Source: https://www.monitor.co.ug/uganda/news/national/ntenjeru-bule-road-spurs-mukono-business-boom-5486922
Business 5 June 2026
While many would have remained trapped in despair, Ms Arihomugisha, a resident of Kitala. Source: https://www.monitor.co.ug/uganda/magazines/farming/how-arihomugisha-turned-despair-into-thriving-urban-agribusiness-hub-5486878
agriculture 5 June 2026
Anne Arihomugisha transformed her life and home into a thriving urban agribusiness hub after losing her government job. She started with simple vegetable growing in pots and has since expanded into a diverse, climate-smart farming model. Source: https://www.monitor.co.ug/uganda/magazines/farming/how-arihomugisha-turned-despair-into-thriving-urban-agribusiness-hub-5486878
Business 5 June 2026
The Supreme Court is yet to rule on a 13-year loan repayment dispute between a construction. Source: https://www.monitor.co.ug/uganda/news/national/how-banking-disputes-have-the-economy-in-a-chokehold-5486844
Business 5 June 2026
A 13-year legal battle between an engineer and dfcu Bank highlights a growing crisis of pending banking litigation in Uganda, trapping billions and hindering economic growth. The Supreme Court's upcoming ruling in the Wills International case could set a precedent for resolving these complex disputes. Source: https://www.monitor.co.ug/uganda/news/national/how-banking-disputes-have-the-economy-in-a-chokehold-5486844
Business 5 June 2026
Four sugarcane weighbridges confiscated from Bunyoro's growing areas have been returned to Victoria Sugar and moved to their Luwero factory, a move intended to combat rampant sugarcane theft. This follows an agreement between Victoria Sugar and Kinyara Sugar Limited. Source: https://www.monitor.co.ug/uganda/news/national/police-return-confiscated-sugarcane-weighbridges-to-victoria-sugar-5486196
Business 5 June 2026
The housing shortage is not simply a consequence of low incomes or rapid urbanisation. It is. Source: https://www.monitor.co.ug/uganda/business/markets/a-housing-market-built-for-banks-not-buyers-5485920
Business 5 June 2026
Contrary to popular belief, Uganda's persistent housing deficit isn't solely due to low incomes or urban growth. Instead, a critical analysis suggests the market structure itself may be inadvertently prioritizing financial institutions over the needs of potential homeowners. Source: https://www.monitor.co.ug/uganda/business/markets/a-housing-market-built-for-banks-not-buyers-5485920
lifestyle 5 June 2026
Nairobi's hotel industry is demonstrating innovation by offering unique 'Lunch Hour Fellowship' experiences, blending business with spiritual and social connection. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/-lunch-hour-fellowship-nairobi-style-5485896
Business 5 June 2026
Despite global headwinds, the economy continues to expand, with services dominating, while. Source: https://www.monitor.co.ug/uganda/business/markets/services-lead-economy-as-industry-drives-expansion-5485904
Business 5 June 2026
Uganda's economy is demonstrating resilience and expansion, largely powered by a strong performance in the services sector and significant growth within the industrial sector. This growth is occurring amidst a challenging global economic landscape. Source: https://www.monitor.co.ug/uganda/business/markets/services-lead-economy-as-industry-drives-expansion-5485904
Business 5 June 2026
Insurance Regulatory Authority’s push for mergers and amalgamations is beginning to show up. Source: https://www.monitor.co.ug/uganda/business/insurance/mergers-begin-to-redraw-insurance-market-share-5485876
Business 5 June 2026
Recent pushes for consolidation within Uganda's insurance sector are starting to alter market share dynamics, with new entities emerging from mergers. This trend is projected to continue as the Insurance Regulatory Authority (IRA) encourages greater financial strength among insurers. Source: https://www.monitor.co.ug/uganda/business/insurance/mergers-begin-to-redraw-insurance-market-share-5485876
Business 4 June 2026
Miners, traders, and laborers converged on the remote Namayingo site from districts as. Source: https://www.monitor.co.ug/uganda/news/national/police-shut-down-namayingo-gold-rush-after-deadly-collapses-sanitation-crisis-5485566
Business 4 June 2026
The economy is projected to grow by 6.4% in the current financial year, with a forecasted surge. Source: https://www.monitor.co.ug/uganda/news/national/museveni-fires-back-at-critics-achievements-on-the-ground-speak-for-themselves--5485018
economy 4 June 2026
Uganda's Gross Domestic Product (GDP) is projected to increase from $69.3 billion to $80 billion in the upcoming financial year, driven by anticipated oil production and diversified export growth, according to President Yoweri Museveni. Source: https://ugandainvest.go.ug/ugandas-gdp-to-grow-from-69-3bn-to-80bn-in-the-near-term-president-museveni
Business 4 June 2026
Recent enforcement of a trade order in Arua City has highlighted a critical shortage of affordable commercial spaces, forcing many traders to operate informally or face exorbitant rents. The situation underscores the city's struggle to keep pace with its growing economic activity and population. Source: https://www.monitor.co.ug/uganda/news/national/how-trade-order-exposed-arua-city-s-acute-shortage-of-commercial-housing-5484412
Business 4 June 2026
Evictions reveal Arua’s deep shortage of affordable business space. Source: https://www.monitor.co.ug/uganda/news/national/how-trade-order-exposed-arua-city-s-acute-shortage-of-commercial-housing-5484412
Business 4 June 2026
Moroto has transformed from past insecurity into an emerging industrial hub. Source: https://www.monitor.co.ug/uganda/news/national/moroto-s-walk-from-rustling-to-karamoja-s-fast-growing-business-hub-5484344
Business 4 June 2026
Moroto town, once plagued by cattle rustling and violence, is emerging as a significant industrial and investment center in the Karamoja sub-region. Source: https://www.monitor.co.ug/uganda/news/national/moroto-s-walk-from-rustling-to-karamoja-s-fast-growing-business-hub-5484344
Business 4 June 2026
Miners say unscrupulous traders are taking advantage of them. They welcome the government’s. Source: https://www.monitor.co.ug/uganda/news/national/artisanal-miners-demand-inclusiveness-in-markets-5484418
Business 4 June 2026
Cancellation of national celebrations dealt a blow to local businesses on Wednesday. Source: https://www.monitor.co.ug/uganda/news/national/martyrs-day-traders-count-losses-after-pilgrimage-was-called-off-5484294
national 4 June 2026
The cancellation of the national Uganda Martyrs Day celebrations at Namugongo due to Ebola concerns has resulted in significant financial losses for local traders and businesses who had invested in preparation for the event. Source: https://www.monitor.co.ug/uganda/news/national/martyrs-day-traders-count-losses-after-pilgrimage-was-called-off-5484294
travel 3 June 2026
A group of European journalists and influencers recently explored northern Uganda, experiencing its rich culture, cuisine, and wildlife as part of a campaign to attract more visitors from European markets. Source: https://www.monitor.co.ug/uganda/lifestyle/travel/european-influencers-explore-northern-uganda-in-tourism-promotion-campaign-5484192
lifestyle 3 June 2026
A unique dining experience blending Ethiopian and Ugandan flavors is captivating Kampala. "Messi," spearheaded by Meskerem "Messi" Elias, offers a fresh approach to casual dining, emphasizing community and authentic tastes. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/how-messi-is-changing-the-way-kampala-dines-5483974
Business 3 June 2026
A growing number of Ugandans are acquiring luxury cars, driven by factors such as increased wealth, a desire for social prestige, and a passion for high-performance vehicles. This trend is reshaping the automotive market in the country. Source: https://www.monitor.co.ug/uganda/business/auto/the-growing-love-for-luxury-cars-in-uganda-5483952
Business 3 June 2026
Washing your car too frequently, especially with improper techniques or harsh detergents, can lead to paint damage and wear on other components. Experts advise focusing on better washing practices rather than sheer frequency. Source: https://www.monitor.co.ug/uganda/business/auto/am-i-damaging-my-car-by-washing-it-too-often--5483862
Business 3 June 2026
Internal strife has erupted at the Insurance Regulatory Authority (IRA) following an audit report by the Auditor General, leading to boardroom disputes and legal challenges. Source: https://www.monitor.co.ug/uganda/business/insurance/how-kaddunabbi-s-audit-findings-have-sparked-a-power-struggle-at-ira-5483858
Business 3 June 2026
An audit by the Inspector General of Government has unearthed irregularities at the Insurance Regulatory Authority (IRA), leading to a significant power struggle among its leadership and involving legal and investigative bodies. Source: https://www.monitor.co.ug/uganda/business/insurance/how-kaddunabbi-s-audit-findings-have-sparked-a-power-struggle-at-ira-5483858
Business 3 June 2026
Uganda experienced a notable shift in its foreign exchange inflows during the first quarter of 2024, with a decline in Foreign Direct Investment (FDI) and remittances countered by a significant rise in tourism revenue. Source: https://www.monitor.co.ug/uganda/business/finance/fdi-remittances-decline-but-tourism-receipts-rise-5483836
economy 3 June 2026
Uganda's economic landscape in the first quarter of 2024 presented a mixed picture, with a significant rise in tourism receipts contrasting with declines in Foreign Direct Investment (FDI) and remittances. Experts suggest external economic pressures and shifting global investment patterns as contributing factors. Source: https://www.monitor.co.ug/uganda/business/finance/fdi-remittances-decline-but-tourism-receipts-rise-5483836
Business 3 June 2026
Uganda’s digital trade reached $1.39b in 2024, cementing its position as EAC’s second-largest. Source: https://www.monitor.co.ug/uganda/business/technology/east-africa-s-digital-trade-soars-to-11b--5483780
Business 3 June 2026
The digital trade landscape in East Africa has experienced a significant boom, reaching an impressive $11 billion. Uganda stands out as a key player, with its digital trade valued at $1.39 billion in 2024. Source: https://www.monitor.co.ug/uganda/business/technology/east-africa-s-digital-trade-soars-to-11b--5483780
Business 3 June 2026
The digital trade landscape across East Africa is experiencing significant growth, reaching an estimated $11 billion. Within this burgeoning market, Uganda has solidified its second-largest position in the region, with its own digital trade valued at $1.39 billion in 2024. Source: https://www.monitor.co.ug/uganda/business/technology/east-africa-s-digital-trade-soars-to-11b--5483780
national 3 June 2026
The Nakawa Chief Magistrate's Court has ordered businessman Mukesh Shukla to face his Shs220 million fraud trial without further delays, demanding the completion of cross-examination on a set date. Shukla was arrested in court and had his sureties cancelled, with family members stepping in as new guarantors. Source: https://www.monitor.co.ug/uganda/news/national/court-directs-on-shs220m-fraud-case-involving-shumuk-boss-shukla-5483714
economy 3 June 2026
Uganda's government is rolling out new taxes effective July 1, 2026, aimed at boosting domestic revenue. The changes are expected to impact everyday expenses like fuel, sugar, and construction, while offering some relief to small businesses and lower-income earners. Source: https://observer.ug/news/how-new-taxes-will-hit-you
Business 3 June 2026
To pundits, Museveni must speak to matters affecting livelihoods like the state of the economy. Source: https://www.monitor.co.ug/uganda/news/national/museveni-to-outline-vision-for-7th-term-in-state-of-nation-address-5483672
Business 2 June 2026
Dr. Protazio Sande has been appointed as the Acting CEO of the Insurance Regulatory Authority (IRA) following the expiry of Dr. Ibrahim Kaddunabbi's contract. The transition, however, is marked by a legal battle as the ousted CEO sues the regulator. Source: https://www.monitor.co.ug/uganda/news/national/sande-named-ira-acting-ceo-as-ousted-boss-kaddunabbi-drags-regulator-to-court-5483040
property 2 June 2026
Eco-friendly building practices are shifting from a niche environmental concern to a financially savvy strategy for developers in Uganda. By incorporating sustainable materials and designs, developers can achieve significant cost savings, enhance property value, and attract premium tenants. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/why-eco-friendly-construction-is-now-a-smart-investment-for-developers-5482740
Business 2 June 2026
The Uganda Investment Authority (UIA) has launched a training program to transform local footwear importers into manufacturers, aiming to boost local production and reduce reliance on imported shoes. The initiative focuses on equipping traders with practical leather shoe-making skills. Source: https://ugandainvest.go.ug/uia-equips-local-traders-with-leather-shoe-making-skills-to-boost-local-manufacturing
Business 2 June 2026
The Insurance Regulatory Authority (IRA) in Uganda is facing a pivotal moment as it prepares for a leadership change after 16 years of steering by Ibrahim Kaddunabbi. This transition comes at a time of significant growth and reform for the sector. Source: https://www.monitor.co.ug/uganda/business/insurance/ira-at-a-crossroads-a-16-year-success-story-meets-its-toughest-leadership-test--5482732
Business 2 June 2026
Bank of Uganda tightens cash withdrawals and cheque limits to accelerate Uganda’s shift toward. Source: https://www.monitor.co.ug/uganda/business/markets/bou-caps-individual-cash-withdrawals-at-shs50m-businesses-at-shs500m-5482712
Business 2 June 2026
The surge is already squeezing households and small businesses. Source: https://www.monitor.co.ug/uganda/news/national/disease-outbreaks-dry-spells-push-up-meat-prices-5482358
Business 1 June 2026
Experts at the symposium warned that the misuse of these substances has led to dangerously. Source: https://www.monitor.co.ug/uganda/news/national/govt-bans-nine-hazardous-agrochemicals-to-safeguard-health-export-markets-5481766
Business 1 June 2026
According to the Minister, Uganda’s economic foundation is currently strong and accelerating. Source: https://www.monitor.co.ug/uganda/news/national/new-finance-minister-musasizi-outlines-five-pillar-economic-strategy-5481700
Business 1 June 2026
“Not so long ago, these very poor people were chased from their places of work when the trade. Source: https://www.monitor.co.ug/uganda/news/national/opposition-slams-selective-wetland-eviction-5481630
law 1 June 2026
The Insurance Regulatory Authority (IRA) and its former board chair are asking the High Court to dismiss a lawsuit filed by its outgoing CEO, Ibrahim Kaddunabbi Lubega. They argue the case is moot as Kaddunabbi's contract has expired and a new acting CEO has been appointed. Source: https://observer.ug/news/ira-asks-court-to-dismiss-ex-boss-kaddunabbi-suit-over-contract-renewal
Business 1 June 2026
Savings and Credit Cooperatives (SACCOs) in Uganda are undergoing a significant transformation through digitalization, enhancing service delivery, expanding membership, and improving financial inclusion, especially in rural areas. This shift leverages widespread mobile phone adoption to offer convenient financial services. Source: https://www.monitor.co.ug/uganda/business/prosper/how-digitisation-is-transforming-saccos-5481064
Business 1 June 2026
A regional downstream oil and gas expert, Mr. Peter Ochieng, has shed light on the key reasons behind the varying fuel prices observed across East African nations. These differences are attributed to a complex interplay of taxes, import duties, transportation costs, and regulatory frameworks. Source: https://www.monitor.co.ug/uganda/business/prosper/why-fuel-prices-differ-across-east-africa-5480760
Business 1 June 2026
The Bank of Uganda has granted regulatory approval for Standard Chartered Bank Uganda to sell its Wealth and Retail Banking business to Absa Bank Uganda, a move poised to significantly reshape the local financial sector. Source: https://www.monitor.co.ug/uganda/news/national/bank-of-uganda-clears-standard-chartered-retail-business-sale-to-absa-5480754
Business 1 June 2026
Absa strengthens Uganda footprint with approved Standard Chartered deal. Source: https://www.monitor.co.ug/uganda/news/national/bank-of-uganda-clears-standard-chartered-retail-business-sale-to-absa-5480754
Business 1 June 2026
The Ugandan government has doubled the Value Added Tax (VAT) registration threshold to Shs250 million, a move intended to ease the burden on numerous Small and Medium Enterprises (SMEs). However, the long-term implications and potential challenges of this adjustment are still being assessed by businesses and tax experts. Source: https://www.monitor.co.ug/uganda/business/prosper/vat-threshold-raised-to-shs250m-relief-or-new-challenge--5480730
Business 1 June 2026
The passing of a spouse often plunges Ugandan widows into a distressing secondary struggle – navigating financial institutions and dealing with debt left behind. Source: https://www.monitor.co.ug/uganda/business/prosper/the-silence-after-condolences-5480666
Business 1 June 2026
As an estimated 1.7 million Ugandans participate in daily betting, the industry faces increasing pressure to implement robust responsible gambling measures against the backdrop of significant financial and social risks. Source: https://www.monitor.co.ug/uganda/business/prosper/big-wins-bigger-risks-can-responsible-betting-keep-up--5480606
Business 1 June 2026
The looming threat of an Ebola outbreak in Uganda is poised to disrupt the nation's economy, with potential impacts ranging from increased prices of goods to significant drops in tourism and trade due to travel advisories and restrictions. Source: https://www.monitor.co.ug/uganda/business/prosper/ebola-scare-how-it-will-hit-your-pocket-5480640
Business 1 June 2026
Busoga’s cooperation with Chinese institutions has also opened opportunities in agriculture. Source: https://www.monitor.co.ug/uganda/news/national/how-busoga-intends-to-achieve-middle-class-economy-by-2030-5480712
Business 31 May 2026
The countrywide Trade Order exercise to evict informal traders from illegal spaces, early this. Source: https://www.monitor.co.ug/uganda/news/national/government-to-group-evicted-traders-into-trade-associations-5480554
Business 31 May 2026
The Ugandan Ministry of Trade is initiating plans to group traders recently evicted from informal spaces into recognized associations. This move aims to improve monitoring and regulation of the informal sector, which significantly contributes to the nation's GDP. Source: https://www.monitor.co.ug/uganda/news/national/government-to-group-evicted-traders-into-trade-associations-5480554
Business 31 May 2026
Now Sanjay sits at the centre of it all. However, only time will tell whether he becomes the. Source: https://www.monitor.co.ug/uganda/news/national/is-sanjay-tanna-trade-community-s-best-hope--5480544
Politics 31 May 2026
President Museveni has appointed Sanjay Tanna as the new Minister of Trade, Industry and Cooperatives, marking a significant moment as the first Ugandan of Asian origin to hold a ministerial post since 1967. Tanna brings a unique blend of business acumen, grassroots political experience, and personal philanthropy to one of Uganda's most crucial economic roles. Source: https://www.monitor.co.ug/uganda/news/national/is-sanjay-tanna-trade-community-s-best-hope--5480544
Business 31 May 2026
The school kitchen was the source of the meals, so that never featured on the items being paid for. Source: https://www.monitor.co.ug/uganda/news/education/have-schools-turned-students-trips-into-a-business--5480534
Business 31 May 2026
With over two million households lacking adequate shelter and a scarcity of mortgage options, owning a home remains an elusive goal for the vast majority of Ugandans. Source: https://www.monitor.co.ug/uganda/business/markets/why-many-ugandans-might-never-own-a-home--5479680
Business 31 May 2026
By 2030, the space economy is projected to approach a trillion dollars. Source: https://www.monitor.co.ug/uganda/oped/commentary/why-uganda-must-establish-a-national-space-agency-now-5480408
environment 31 May 2026
A Ugandan startup focused on transforming plastic waste into usable fabric has won the Global Entrepreneurship Congress (GEC) Uganda Pitching Competition. The innovative venture will now represent Uganda at the GEC+ Africa Conference in South Africa. Source: https://www.monitor.co.ug/uganda/news/national/ugandan-startup-transforming-plastic-waste-into-fabric-wins-entrepreneurship-contest-5480418
Technology 31 May 2026
Persistent vandalism of electricity infrastructure is severely impacting Uganda's power supply reliability, causing significant economic losses and inconveniencing citizens. Urgent action is needed to protect these vital assets. Source: https://www.monitor.co.ug/uganda/oped/letters/rising-vandalism-undermines-uganda-s-electricity-reliability-5480414
Business 31 May 2026
A call is being made for Uganda to establish a singular, trusted identification number for all non-individual entities. This move aims to streamline processes, enhance transparency, and combat fraud within the business and organizational landscape. Source: https://www.monitor.co.ug/uganda/oped/commentary/uganda-needs-a-trusted-number-for-every-non-individual-entity-5480400
Politics 31 May 2026
Uganda's Inspectorate of Government is urged to thoroughly investigate allegations surrounding a CCTV contract awarded to Dealan Associates Ltd, a local company. Concerns about the procurement process and potential irregularities need to be addressed to ensure public trust and efficient use of resources. Source: https://www.monitor.co.ug/uganda/oped/editorial/get-to-the-root-of-cctv-scam-5480390
environment 31 May 2026
dfcu Bank and Serena Kigo Golf Course have launched a joint initiative to combat plastic waste, aiming to mitigate environmental damage exacerbated by rainfall. Source: https://www.monitor.co.ug/uganda/sports/golf/dfcu-and-serena-kigo-tee-off-fight-against-plastic-waste-5480328
Business 31 May 2026
A long-standing dispute over a prime property in Kampala, involving the Katatumba family and Shumuk Investments Limited, is once again drawing attention. Source: https://www.monitor.co.ug/uganda/business/markets/katatumba-vs-shumuk-property-dispute-that-just-won-t-go-silent-5479724
agriculture 31 May 2026
Busia District farmers are encouraged to embrace commercial agriculture and utilize the region's strategic border position with Kenya to access lucrative East African markets. The district's potential as a major trading hub for agricultural produce was highlighted at a recent expo. Source: https://www.monitor.co.ug/uganda/news/national/busia-farmers-asked-to-tap-regional-markets-through-commercial-agriculture-5479990
Business 31 May 2026
Border advantage gives Busia farmers access to wider regional markets. Source: https://www.monitor.co.ug/uganda/news/national/busia-farmers-asked-to-tap-regional-markets-through-commercial-agriculture-5479990
finance 31 May 2026
Uganda Clays Limited owes the National Social Security Fund a debt that has ballooned to over Shs23 billion, crippling investor returns and highlighting the complex relationship between the two entities. Source: https://www.monitor.co.ug/uganda/business/finance/how-nssf-patience-hurts-investors-of-uganda-clays-5479796
Business 31 May 2026
A severe housing deficit in Uganda, coupled with prohibitively high mortgage rates and limited access to finance, leaves the majority of the population struggling to own a home. Despite efforts like the Mortgage Refinancing Act, making homeownership a reality for low-income earners remains a significant challenge. Source: https://www.monitor.co.ug/uganda/business/markets/why-most-ugandans-might-never-own-a-home--5479680
Business 31 May 2026
Rising pump prices linked to global oil market disruptions are driving inflation higher. Source: https://www.monitor.co.ug/uganda/business/markets/fuel-price-surge-pushes-up-inflation--5479652
Business 31 May 2026
Rising global oil prices, exacerbated by Middle East conflicts, have driven Uganda's annual inflation to 3.2%, significantly increasing fuel costs and impacting businesses and households. Source: https://www.monitor.co.ug/uganda/business/markets/fuel-price-surge-pushes-up-inflation--5479652
Business 31 May 2026
With the financial year nearing its close on June 30, the Uganda Revenue Authority (URA) is calling on all taxpayers to settle outstanding debts and file pending returns to help meet the Shs36.7 trillion revenue target. Source: https://www.monitor.co.ug/uganda/business/finance/ura-ramps-up-financial-year-end-tax-payments--5479626
Business 30 May 2026
Sarah Njuguna, Group Senior Legal Counsel at PawaPay, emphasizes the critical need for trust to be a cornerstone of the digital payments landscape in Uganda. Source: https://www.monitor.co.ug/uganda/magazines/people-power/-trust-must-move-to-the-front-of-payments-arena--5479480
Business 30 May 2026
It is not characteristic of Bbosa - formerly coach of SC Villa, Express, Victors, Tooro United. Source: https://www.monitor.co.ug/uganda/sports/soccer/bbosa-kovacevic-trade-respect-ahead-of-fierce-njeru-fight-5478718
farming 29 May 2026
In Kibuku and Pallisa districts, beekeeping is transforming local economies, offering a sustainable and profitable alternative to traditional crop farming and bringing financial stability to many households. Source: https://www.monitor.co.ug/uganda/magazines/farming/beekeeping-emerges-as-a-game-changer-for-kibuku-farmers-5478712
economy 29 May 2026
Global economic instability stemming from conflicts in the Middle East, particularly disruptions around the Strait of Hormuz, is directly impacting Uganda's economy through rising fuel and fertilizer costs, affecting everyday citizens and key sectors like tea production. Source: https://observer.ug/news/iran-war-weakens-ugandas-economic-prospects
Business 29 May 2026
Ms Ssali is jointly charged with two MPs, a lawyer, and a principal cooperative officer. Source: https://www.monitor.co.ug/uganda/news/national/shs3-8b-fraud-case-against-ex-trade-official-mps-further-adjourned-5478122
Business 29 May 2026
The calm day heated up with the business community struggling to secure their properties or. Source: https://www.monitor.co.ug/uganda/news/national/trade-order-hits-hard-in-rukungiri-5477840
news 29 May 2026
Dozens of businesses in Rukungiri Municipality faced demolition as authorities began enforcing a trade order targeting structures on road reserves and those deemed dilapidated. The operation caused significant financial losses and distress for affected traders. Source: https://www.monitor.co.ug/uganda/news/national/trade-order-hits-hard-in-rukungiri-5477840
Business 28 May 2026
Despite fuel prices peaking everyday like an overzealous mountain climber, despite rent. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/we-are-all-one-brunch-away-from-financial-collapse-5477380
Business 28 May 2026
Gulu City is being actively promoted as a strategic logistics and commercial center for northern Uganda, leveraging its proximity to neighboring countries and ongoing infrastructure development. Source: https://www.monitor.co.ug/uganda/business/markets/gulu-city-emerges-as-northern-uganda-s-next-investment-hub--5477356
Business 28 May 2026
Uganda faces a severe housing deficit, with fewer than 40,000 registered mortgages for its 50 million population, highlighting a critical need for financial reforms and accessible homeownership solutions. Source: https://www.monitor.co.ug/uganda/business/markets/housing-crisis-why-mortgages-and-patient-capital-must-move-together-5477364
Business 28 May 2026
Uganda's import trade has surged significantly, with a select few entry points handling nearly 98% of all goods. Malaba and Entebbe Courier Centre have emerged as the dominant gateways, processing trillions of shillings in imports. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-s-most-important-entry-ports-and-the-trillions-they-handle-5477370
Business 28 May 2026
The two districts, home mainly to the Alur people, carry stories of resilience, unity and hope. Source: https://www.monitor.co.ug/uganda/news/national/nebbi-and-zombo-where-coffee-culture-and-cross-border-trade-keep-hope-alive-5476490
energy 28 May 2026
Despite significant growth in electricity generation, Uganda faces severe power interruptions impacting businesses. Modernizing distribution infrastructure and actively participating in the East African Power Pool are crucial for economic competitiveness. Source: https://www.monitor.co.ug/uganda/oped/commentary/energy-security-is-our-most-urgent-economic-imperative-5476488
Business 28 May 2026
Recent parliamentary amendments to Uganda's Income Tax Act will significantly increase scrutiny on transfer pricing, shifting the burden of proof to taxpayers. Once enacted, companies must provide robust documentation demonstrating that related-party transactions reflect market value. Source: https://www.monitor.co.ug/uganda/oped/commentary/tightening-the-grip-on-transfer-pricing-5476160
automotive 27 May 2026
Ford's latest Ranger XLT model boasts robust features designed to tackle Uganda's challenging road conditions, offering durability and capability for various uses. Source: https://www.monitor.co.ug/uganda/business/auto/ford-s-new-ranger-xlt-is-built-for-ugandan-roads-5475878
Business 27 May 2026
The January 2024 arrests proved that scrap dealers are integral to the vandalism economy. Yet. Source: https://www.monitor.co.ug/uganda/business/auto/kampala-s-taxi-stage-shelters-stolen-for-scrap-5475892
Business 27 May 2026
Dozens of taxi stage shelters across Kampala have been dismantled and stolen, with their metal components sold to scrap dealers. This wave of vandalism highlights a persistent issue of public infrastructure theft and the illicit scrap metal trade. Source: https://www.monitor.co.ug/uganda/business/auto/kampala-s-taxi-stage-shelters-stolen-for-scrap-5475892
Business 27 May 2026
Fuel prices in Uganda have seen a significant and rapid increase, with petrol costs rising by over 30% since February. This sharp escalation is fueling inflationary pressures and raising concerns for household budgets and business operations. Source: https://www.monitor.co.ug/uganda/business/markets/fuel-prices-are-beginning-to-rise-at-a-worrying-speed--5475734
Business 27 May 2026
Uganda's digital lending sector experienced a massive surge in 2025, with loan disbursements and repayments nearly matching each other, indicating robust credit circulation despite an increasing non-performing loan ratio. Source: https://www.monitor.co.ug/uganda/business/markets/digital-borrowing-is-exploding-repayment-looks-good-as-well-5475710
education 26 May 2026
The Ugandan government is pushing for a shift in higher education, urging universities to adopt Competence-Based Education and Training (CBET) to equip graduates with practical skills relevant to the job market. Source: https://www.monitor.co.ug/uganda/news/national/govt-to-universities-deliver-skills-not-just-transcripts-5475032
Business 26 May 2026
Uganda steps up Ebola containment in refugee-hosting Kyangwali. Source: https://www.monitor.co.ug/uganda/news/national/kikuube-bans-markets-gatherings-after-ebola-case-5474946
Business 26 May 2026
Uganda's export economy is undergoing a significant transformation, moving beyond its traditional agricultural base to embrace precious metals, jewelry, and manufactured goods as key revenue earners. Coffee, once the undisputed export champion, has been surpassed by mineral exports, indicating a maturing and diversifying trade profile. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-s-export-revolution-from-coffee-to-gold-and-manufactured-goods-5474612
Business 26 May 2026
Ugandan officials attribute the loss of major public infrastructure tenders by local firms to poor project execution, unethical practices, and weak organizational capacity, rather than a lack of technical skill. Source: https://www.monitor.co.ug/uganda/news/national/govt-blames-weak-local-contractors-for-loss-of-major-public-tenders-5474456
Business 26 May 2026
The first-ever Uganda Diaspora Convention was recently held in Lilongwe, Malawi. The event sought to encourage Ugandans living abroad to invest in their home country. Source: https://ugandainvest.go.ug/first-uganda-diaspora-convention-held-in-lilongwe-malawi
Business 26 May 2026
The first-ever Uganda Diaspora Convention was held in Lilongwe, Malawi, drawing Ugandans from across southern Africa to explore investment avenues back home. The event highlighted various sectors with significant potential for return. Source: https://ugandainvest.go.ug/first-uganda-diaspora-convention-held-in-lilongwe-malawi
news 26 May 2026
A Ugandan journalist, Henry Lubulwa, has been ordered by the High Court to pay 60 million Ugandan shillings in damages for publishing defamatory content about Letshego Uganda Limited and its CEO, Germany Giles Aijukwe. The court found the reporting falsely alleged fraudulent practices in a property sale. Source: https://observer.ug/news/journalist-ordered-to-pay-shs-60m-for-defaming-letshego-ceo
travel 26 May 2026
The Pearl of Africa Tourism Expo (POATE) highlighted Uganda's luxury tourism potential, with Ihunde Resort on Bulago Island drawing attention. The event also saw President Museveni advocating for reforms to boost visitor numbers. Source: https://www.monitor.co.ug/uganda/lifestyle/travel/ihunde-takes-bulago-island-to-poate-as-museveni-rallies-tourism-sector-5474194
Business 26 May 2026
Global energy markets in turmoil as countries activate crisis measures. Source: https://www.monitor.co.ug/uganda/news/world/what-govts-worldwide-have-done-to-shield-households-from-rising-energy-costs-5474130
world 26 May 2026
Nations worldwide are rolling out a range of measures, from fuel subsidies and tax cuts to strategic reserve releases and enhanced domestic production, in an effort to mitigate the impact of escalating energy prices on their populations. Source: https://www.monitor.co.ug/uganda/news/world/what-govts-worldwide-have-done-to-shield-households-from-rising-energy-costs-5474130
Politics 26 May 2026
President Yoweri Museveni has publicly defended his support for Ugandan scientists Dr. Matthias Magoola and David Ssenfuka, directly rebuking veteran journalist Andrew Mwenda for what he termed as baseless criticism of government-backed innovation. The exchange highlights a broader debate on Uganda's industrialization strategy. Source: https://observer.ug/news/museveni-mwenda-clash-over-magoola
Business 26 May 2026
Internal Audit functions in Uganda are urged to move beyond mere compliance checks and embrace a strategic role in value creation and risk mitigation. Professionals are encouraged to focus on areas that demonstrably impact organizational success. Source: https://www.monitor.co.ug/uganda/business/prosper/from-compliance-to-value-creation-5474048
food 26 May 2026
Kampala's modern food court concept, Eateroo!, has launched its second location in Bunga, bringing a variety of culinary experiences to residents. The new branch aims to replicate the success of its flagship store, offering a vibrant space for diverse tastes and social gatherings. Source: https://www.monitor.co.ug/uganda/lifestyle/dining-recipes/kampala-eats-different-eateroo-expands-culinary-footprint-with-vibrant-new-bunga-branch-5473846
Business 26 May 2026
Poor road maintenance and alleged misuse of government funds remain top concerns heading into. Source: https://www.monitor.co.ug/uganda/news/national/bugiri-residents-task-new-mps-on-collapsing-market-roads-floods-5473720
Business 25 May 2026
While access to finance has long been the focus of SME support in Africa, foundational structural weaknesses continue to hinder growth. Business coaching, through programs like Ankolo Consulting's Masterclass, is emerging as a critical intervention to address these gaps and unlock scalable expansion for enterprises. Source: https://www.monitor.co.ug/uganda/business/how-business-coaching-is-turning-african-sme-ambition-into-scalable-growth-5473478
Business 25 May 2026
For decades, efforts to support small and medium enterprises (SMEs) across the continent have. Source: https://www.monitor.co.ug/uganda/business/how-business-coaching-is-turning-african-sme-ambition-into-scalable-growth-5473478
Business 25 May 2026
Two influential books, 'Sins of the Filthy Rich' and 'Why Nations Fail', offer a stark analysis of systemic greed and extractive institutions, using Uganda's opulent displays of wealth against widespread poverty as a prime example. Source: https://www.monitor.co.ug/uganda/business/prosper/sins-of-the-filthy-rich-5473444
Business 25 May 2026
Uganda is shifting its tax focus from salaried employees to landlords and high-net-worth individuals, leveraging digital systems to match declared income with visible lifestyles. Proposed tax law amendments aim to link National Identification Numbers to Tax Identification Numbers, creating a unified financial identity. Source: https://www.monitor.co.ug/uganda/business/prosper/why-landlords-and-the-wealthy-are-under-fire-5473436
Business 25 May 2026
Experts are pushing Ugandan banks to transition from historical data models to AI-powered real-time systems to enhance customer experience, improve efficiency, and manage risks effectively. However, successful adoption hinges on robust governance and a clear understanding of AI as a tool, not a strategy. Source: https://www.monitor.co.ug/uganda/business/prosper/why-banks-must-embrace-real-time-data-5473426
Business 25 May 2026
The Ministry of Finance noted that domestic fuel prices have climbed as international markets. Source: https://www.monitor.co.ug/uganda/news/national/fuel-utility-surge-drives-up-uganda-s-household-costs-despite-food-price-relief-5473206
travel 25 May 2026
Africa receives only 5.3% of global tourism despite its rich heritage, with most visitors concentrated in just three countries. A tourism strategist proposes a year-round digital ecosystem to broaden appeal beyond traditional safaris and regional competition. Source: https://www.monitor.co.ug/uganda/lifestyle/travel/beyond-the-big-three-how-year-round-digital-ecosystem-could-unlock-africa-s-hidden-tourism-goldmine-5473026
Technology 25 May 2026
Telecom experts, policymakers, and regulatory heads are meeting in Dar es Salaam this week to negotiate a harmonized Regional Mobile Roaming Framework. The initiative aims to significantly lower cross-border mobile and data expenses for East African citizens. Source: https://www.monitor.co.ug/uganda/news/national/eac-launches-crucial-talks-in-dar-es-salaam-to-slash-cross-border-mobile-data-costs-5472862
Business 25 May 2026
The challenge is that money alone does not make someone ready for business. One lesson. Source: https://www.monitor.co.ug/uganda/business/when-it-s-too-late-to-start-5472010
Business 25 May 2026
Possessing substantial capital does not automatically equip individuals with the necessary skills and mindset for successful entrepreneurship. True readiness involves more than just financial backing. Source: https://www.monitor.co.ug/uganda/business/when-it-s-too-late-to-start-5472010
Business 25 May 2026
Tanzania has now become Uganda's largest source of imports, surpassing traditional leaders like China and Kenya, according to Bank of Uganda data. Source: https://www.monitor.co.ug/uganda/business/markets/tanzania-overtakes-china-kenya-as-uganda-s-top-source-of-imports-5472300
national 25 May 2026
Former Vice President Gilbert Bukenya has called on Ugandan government officials to cease demanding bribes from foreign investors, stating that this practice is deterring investment and hindering national development. Source: https://www.monitor.co.ug/uganda/news/national/stop-chasing-investors-away-bukenya-slams-bribe-seeking-officials-5472394
Business 25 May 2026
To benefit from climate wealth, Uganda must first build climate skills. Source: https://www.monitor.co.ug/uganda/oped/commentary/climate-skills-key-for-green-economy-5472200
Business 25 May 2026
Every civilisation must interrogate harmful practices and adapt to changing realities. Source: https://www.monitor.co.ug/uganda/oped/commentary/unfinished-business-of-african-liberation-5472190
environment 24 May 2026
Kampala Capital City Authority (KCCA) has launched an immediate enforcement drive against noise pollution, targeting bars, churches, event organizers, and other businesses. Violators face strict penalties, including fines and potential closure. Source: https://www.howwe.ug/news/entertainment/43022/kcca-warns-businesses-churches-and-event-organisers-over-noise-pollution
law 24 May 2026
The concept of a grace period, a legally recognized extension provided to an obligated party to meet a specific deadline, is explored for its justification and application in various contexts. This mechanism aims to provide flexibility while upholding legal obligations. Source: https://www.monitor.co.ug/uganda/sports/sports-columnists/grace-periods-and-delayed-compliance-are-they-legally-justified-5471774
Politics 24 May 2026
President Yoweri Museveni has strongly refuted veteran journalist Andrew Mwenda's recent claims questioning his judgment and mental capacity. In a detailed response, Museveni defended his support for local industrial and pharmaceutical ventures, accusing Mwenda of promoting Western interests at the expense of African self-reliance. Source: https://observer.ug/news/senile-museveni-hits-back-at-andrew-mwenda
Politics 23 May 2026
A public intellectual clash has erupted between President Museveni and journalist Andrew Mwenda over the viability of state-backed mega-projects, with Museveni vehemently defending his economic vision against accusations of waste. Source: https://www.monitor.co.ug/uganda/news/national/the-pen-the-ak-47-and-the-white-elephant-war-inside-museveni-mwenda-clash-5470934
travel 23 May 2026
Twenty professional Ugandan bikers are set to embark on a month-long tour across seven European countries, leveraging their journey to promote Uganda's tourism and cultural offerings as part of the "Explore Uganda" campaign. Source: https://www.monitor.co.ug/uganda/news/national/biking-for-the-pearl-ugandan-riders-embark-on-7-nation-european-tour-to-boost-tourism-5470848
education 23 May 2026
University graduates in Uganda are being urged to prioritize attitude, skills, and character over solely relying on academic credentials to secure and maintain employment in a competitive job market. Experts emphasize that problem-solving abilities and cultural adaptability are key differentiators for aspiring professionals. Source: https://www.monitor.co.ug/uganda/news/national/fix-your-attitude-to-land-employment-graduates-urged-5470820
agriculture 22 May 2026
A newly developed portable coffee huller is set to revolutionize the coffee processing sector in Uganda. Its mobility and energy efficiency, with options for diesel or electric power, offer significant advantages for smallholder farmers. Source: https://www.monitor.co.ug/uganda/magazines/farming/portable-coffee-huller-to-transform-sector-5469640
Business 22 May 2026
Uganda is actively courting international hotel brands and investors, aiming to elevate its hospitality sector and attract foreign direct investment beyond traditional wildlife tourism. The move is partly driven by the upcoming 2027 Africa Cup of Nations and a strategic vision to transform its urban landscapes and tourism infrastructure. Source: https://www.monitor.co.ug/uganda/news/national/uganda-courts-hotel-brands-in-a-bid-to-change-its-skyline-5469684
Business 22 May 2026
Uganda experienced a notable reduction in its trade deficit with East African Community (EAC) member states in March 2026, driven by a significant 17 percent surge in export earnings that outpaced import growth. The Ministry of Finance reported the deficit narrowed to $44.33 million from $59.95 million in the preceding month. Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-trade-deficit-with-eac-narrows-in-march-as-exports-surge-17-percent-5470238
Business 22 May 2026
Six East African nations are undertaking a massive, synchronized infrastructure development worth an estimated $20 billion. This ambitious push includes roads, railways, and airports, aimed at fostering regional trade and economic growth. Source: https://www.monitor.co.ug/uganda/news/national/east-africa-s-20b-infrastructure-push-ties-six-economies-together-5470154
news 22 May 2026
President Yoweri Museveni has called for a shift to a three-year multiple-entry visa regime for tourists, arguing that it will facilitate spending and significantly contribute to Uganda's economic development and global standing. Source: https://www.monitor.co.ug/uganda/news/national/museveni-proposes-a-three-year-multiple-entry-visa-regime-for-tourists-5468802
Business 22 May 2026
Defying past trends of investor caution during electoral periods, Uganda attracted a significant $5.4 billion in Foreign Direct Investment (FDI) and portfolio inflows during the January 2026 election cycle. This influx signals a growing confidence in the nation's economic stability and investment climate. Source: https://ugandainvest.go.ug/uganda-attracted-5-4-billion-in-foreign-direct-investment-during-january-2026-election-period
economy 22 May 2026
Uganda's economic activity displayed a positive trend in April 2026, marked by an uptick in the Purchasing Managers' Index and sustained growth in output and employment. The economy also saw a strengthening of the Ugandan Shilling and a narrowing trade deficit. Source: https://ugandainvest.go.ug/performance-of-the-ugandan-economy-report-april-2026
economy 22 May 2026
Economic activity in Uganda has demonstrated sustained improvement, according to the latest Performance of the Economy Report for April 2026. This upward trend indicates positive momentum building within the nation's economic landscape. Source: https://ugandainvest.go.ug/performance-of-the-ugandan-economy-report-april-2026
economy 22 May 2026
Economists are sounding the alarm, stating that Uganda lacks the necessary systems to anticipate and effectively respond to global economic disruptions. Source: https://www.monitor.co.ug/uganda/news/national/uganda-unprepared-for-next-global-shock-economists-warn-5469128
Business 22 May 2026
The Ugandan government is undertaking a review of its metrology laws to align with international standards, aiming to bolster fair trade and enhance consumer protection. This initiative is crucial for industrialization and ensuring accurate measurements across various sectors. Source: https://www.monitor.co.ug/uganda/news/national/govt-moves-to-review-metrology-laws-to-strengthen-trade-and-consumer-protection-5469096
Business 22 May 2026
Gulu City, a key economic hub in Northern Uganda, is increasingly being recognized for its burgeoning property market potential. Despite past challenges, recent developments suggest a promising future for real estate investment in the region. Source: https://www.monitor.co.ug/uganda/business/markets/is-gulu-city-uganda-s-overlooked-property-market--5468826
Business 21 May 2026
Uganda's Pay TV market has experienced a significant decline, with subscriptions dropping from a peak of 1.65 million in 2021 to 1 million by the end of 2024, a nearly 40% decrease. Source: https://www.monitor.co.ug/uganda/business/markets/from-1-65m-to-1m-ucc-data-shows-a-sharp-drop-in-pay-tv-subscriptions-5468840
Business 21 May 2026
Family businesses in Uganda face complex transitions as founders hand over the reins to the next generation, often leading to clashes in perspectives and management styles. Successful succession requires mutual learning and adaptation. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/managing-transitions-in-family-businesses-5467240
Business 21 May 2026
President Yoweri Museveni has expressed strong government backing for a proposed iron ore processing facility destined for Uganda's southwestern region. This initiative is expected to boost the country's industrial capacity. Source: https://ugandainvest.go.ug/president-museveni-pledges-support-for-new-iron-ore-processing-plant
Politics 21 May 2026
Ugandan President Yoweri Museveni hosted former South African President Jacob Zuma in Kampala to discuss strengthening business and investment ties between the two nations. The leaders explored potential collaborations in key sectors like energy, mining, and agriculture, despite Zuma's ongoing controversies at home. Source: https://www.monitor.co.ug/uganda/news/national/old-alliances-new-deals-museveni-south-africa-s-embattled-jacob-zuma-talk-investment-in-kampala-5468100
Business 21 May 2026
Uganda is solidifying its position as a leading destination for international and regional gatherings, recently hosting major events like the Non-Aligned Movement summit and now the Pan-African Convention of Royals, Investors, and Diaspora Leaders. Source: https://www.monitor.co.ug/uganda/news/national/from-nam-to-royal-assemblies-uganda-solidifies-status-as-africa-s-premier-conference-hub-5467942
agriculture 21 May 2026
Farmers in the Greater Masaka region are expressing significant concerns over the proliferation of low-quality coffee seedlings, leading to substantial financial losses and disappointment. Source: https://www.monitor.co.ug/uganda/news/national/masaka-farmers-decry-low-quality-coffee-seedlings-5467518
Business 20 May 2026
Businesses at the Busia border crossing have been severely disrupted due to ongoing protests in Kenya against high fuel prices, leading to paralysis and significant economic losses. Source: https://www.monitor.co.ug/uganda/news/national/kenya-riots-paralyse-business-in-busia-5467370
Politics 20 May 2026
President Yoweri Museveni met with former South African President Jacob Zuma to explore enhanced business and investment cooperation between the two nations. The discussions focused on key sectors like energy, agriculture, and value addition. Source: https://statehouse.go.ug/president-museveni-hosts-former-south-african-leader-jacob-zuma
Business 20 May 2026
Despite government restrictions, Uganda boasts one of the most active cryptocurrency markets globally, with an estimated Shs4 trillion now operating illegally. Source: https://www.monitor.co.ug/uganda/business/markets/how-govt-s-crypto-ban-created-a-shs4-trillion-illegal-market-5467028
Business 20 May 2026
A new Trade Order, aimed at formalizing urban trade, has severely disrupted the poultry market, leaving farmers and vendors struggling with unsold stock and increased costs. Source: https://www.monitor.co.ug/uganda/news/national/trade-order-leaves-poultry-dealers-in-misery-5466774
Business 20 May 2026
Once plagued by insecurity, Nansana Municipality has undergone a significant transformation, evolving into a dynamic commercial center within Wakiso District. The area now boasts a thriving construction sector, growing population, and expanded services, reducing its reliance on Kampala. Source: https://www.monitor.co.ug/uganda/news/national/how-nansana-has-evolved-into-wakiso-s-business-hub-5466578
news 20 May 2026
Police in Uganda have successfully recovered all six laptop computers that were stolen from the Bank of Uganda premises on May 3rd. Four suspects have been apprehended in connection with the theft. Source: https://www.monitor.co.ug/uganda/news/national/bou-heist-six-laptops-recovered-four-suspects-in-custody-5466568
news 20 May 2026
Several former LC5 chairpersons in Uganda's Busoga region are pivoting from political careers to livelihoods in farming and fishing after losing their seats. Source: https://www.monitor.co.ug/uganda/news/national/busoga-s-ousted-lc5-bosses-swap-politics-for-poultry-fishing-5466530
Business 20 May 2026
Ugandan Acting Finance Minister Ramathan Ggoobi has called on East African Community member states to move beyond declarations and deliver concrete economic advantages like jobs and increased trade to their citizens. The 18th Sectoral Council meeting focused on practical implementation of regional integration, including tax harmonization and fiscal coordination. Source: https://www.monitor.co.ug/uganda/news/national/eac-told-to-turn-declarations-into-jobs-trade-gains-5466498
agriculture 20 May 2026
Uganda faces a significant deficit in vegetable oil production, requiring substantial imports to meet domestic demand. Despite ongoing agricultural projects, output lags behind consumption, highlighting the need for enhanced support and local production. Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-oilseed-ambitions-stalled-by-370-000-tonne-shortfall-5466482
Business 20 May 2026
The Commercial Court in Uganda has launched a two-week mediation initiative, aiming to resolve business disputes valued at approximately Shs 700 billion. This effort seeks to free up capital trapped in lengthy legal battles and alleviate pressure on the judicial system. Source: https://observer.ug/news/uganda-moves-to-unlock-shs-700-billion-trapped-in-court-battles
Technology 20 May 2026
Elon Musk's satellite internet provider, Starlink, has officially received a license to operate in Uganda after months of negotiations. The move is expected to significantly improve internet access, particularly in remote areas. Source: https://observer.ug/news/musks-internet-giant-enters-uganda-under-strict-conditions
Technology 19 May 2026
Uganda Communications Commission has granted Starlink Services LLC a five-year operational license to provide satellite internet, aiming to expand connectivity to remote areas. Source: https://www.monitor.co.ug/uganda/news/national/starlink-gets-go-ahead-to-provide-satellite-internet-5466272
tourism 19 May 2026
Uganda is intensifying its use of commercial diplomacy and targeted familiarization trips to boost its tourism sector ahead of the Pearl of Africa Tourism Expo 2026. The strategy aims to build visibility and strong partnerships in key global markets, supporting the sector's robust recovery. Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-path-to-tourism-sector-recovery-5466170
Business 19 May 2026
In today's rapidly evolving business landscape, coaching has emerged as a vital strategy for ensuring long-term company sustainability and success. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/why-coaching-is-critical-to-company-sustainability-5465858
Business 19 May 2026
The Ugandan telecom industry is shifting its focus as consumers increasingly prioritize internet access over traditional voice and SMS services, signaling a new era of data-centric revenue. Source: https://www.monitor.co.ug/uganda/business/markets/the-rise-of-data-the-telecom-industry-enters-a-new-era-5465668
Business 19 May 2026
The remarkable success of Amish businesses, characterized by self-sufficiency and community focus, provides a compelling case study for Ugandan Small and Medium Enterprises (SMEs) seeking sustainable growth. Source: https://www.monitor.co.ug/uganda/oped/letters/lessons-for-ugandan-smes-from-the-amish-5465030
Business 18 May 2026
President Yoweri Museveni has reportedly given his backing to a significant multi-billion dollar regional oil refinery project proposed by Nigerian industrialist Aliko Dangote. The meeting focused on advancing this ambitious venture. Source: https://ugandainvest.go.ug/president-museveni-meets-dangote-pushes-for-ugandan-oil-refinery
Business 18 May 2026
President Yoweri Museveni has expressed support for a proposed multi-billion-dollar regional oil refinery initiative led by Nigerian industrialist Aliko Dangote, while emphasizing that Uganda's own 60,000-barrel-per-day refinery in Hoima will proceed as planned. Source: https://ugandainvest.go.ug/president-museveni-meets-dangote-pushes-for-ugandan-oil-refinery
Business 18 May 2026
Despite recent price increases across East Africa, Uganda continues to offer the cheapest fuel in the region. This is attributed to its deregulated market system, which allows prices to respond directly to market forces. Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-fuel-remains-cheapest-in-east-africa-despite-regional-hikes-5464690
Business 18 May 2026
dfcu Bank has appointed Margaret Karume as its second executive director, leveraging her extensive 30-year banking experience in East Africa to bolster the bank's leadership and growth strategies. Source: https://www.monitor.co.ug/uganda/news/national/dfcu-appoints-margaret-karume-as-second-executive-director-5464612
news 18 May 2026
The Commercial Court has ordered an architectural firm, FBW (U) Limited, to refund approximately Shs2.7 billion to Meera Investment Ltd for fundamental breaches of a consultancy agreement concerning the expansion of Kabira Country Club. Source: https://www.monitor.co.ug/uganda/news/national/architectural-firm-fined-shs2-7b-over-kabira-country-club-expansion-project-5464448
Business 18 May 2026
The conversation around Small and Medium Enterprises (SMEs) in Uganda needs to shift from solely focusing on access to finance towards enabling timely action. SMEs require practical guidance and swift processing to capitalize on business opportunities. Source: https://www.monitor.co.ug/uganda/oped/letters/from-access-to-action-rethinking-how-ugandan-smes-engage-with-finance-5464144
Business 18 May 2026
The Uganda Bankers Association has appointed Michael Mugabi as its new chairperson, taking over from Julius Kakeeto. This transition occurs as the sector reports significant asset and deposit growth, alongside improved loan performance. Source: https://www.monitor.co.ug/uganda/news/national/banking-industry-gets-new-leadership-boasts-of-significant-growth-5463834
Politics 18 May 2026
Uganda has officially opened its Honorary Consulate in Lusaka, Zambia, marking a significant step in enhancing bilateral trade and investment relations between the two nations. The opening coincided with a trade and investment forum aimed at fostering regional economic cooperation. Source: https://www.monitor.co.ug/uganda/news/national/uganda-officially-opens-consulate-in-zambia-5463818
Business 18 May 2026
Even well-made products can falter internationally due to poor packaging choices and quality compromises, hindering their success abroad. Source: https://www.monitor.co.ug/uganda/business/prosper/why-good-products-still-fail-abroad-5461162
lifestyle 18 May 2026
First impressions are formed rapidly, with a significant reliance on personal appearance. This underscores the strategic importance of image management beyond mere upkeep. Source: https://www.monitor.co.ug/uganda/magazines/life/image-is-not-maintenance-it-is-strategy-5463660
Business 18 May 2026
A significant initiative is set to empower 116 Ugandan companies by providing financial backing and technical support to improve their export performance. Source: https://www.monitor.co.ug/uganda/business/prosper/116-ugandan-firms-get-export-boost--5461092
news 18 May 2026
Uganda is on track to produce 60,000 barrels of oil per day, bolstered by its high-quality crude and a growing regional market. Recent discussions also explore a larger, multi-country East African refinery project. Source: https://www.monitor.co.ug/uganda/news/national/uganda-on-course-to-produce-60-000-barrels-of-oil-per-day-5463602
Business 17 May 2026
Procurement professionals are shifting from a gatekeeping role to a strategic partnership. The focus is now on adding value, fostering innovation, and navigating complex global challenges. Source: https://www.monitor.co.ug/uganda/business/markets/the-procurement-skills-that-actually-matter-now-5463430
Business 17 May 2026
A recent government report indicates that foreign investors enjoying tax incentives are largely importing their raw materials and inputs, falling significantly short of the government's target for local sourcing. This trend raises concerns about the impact on Uganda's industrial growth and employment. Source: https://www.monitor.co.ug/uganda/business/markets/foreign-investors-importing-inputs-instead-of-local-sourcing-govt-report--5463438
Business 17 May 2026
Investments in urban water infrastructure can yield significant financial returns, presenting a compelling business case for entities like the National Social Security Fund (NSSF). This sector offers stability and consistent revenue streams. Source: https://www.monitor.co.ug/uganda/oped/commentary/nssf-investments-urban-water-is-good-business-too-5463432
Business 17 May 2026
President Yoweri Museveni has declared Uganda's backing for a proposed expansive regional oil refinery, aiming to boost economic integration and value addition across East Africa. Source: https://statehouse.go.ug/president-museveni-backs-regional-oil-refinery-initiative
Business 17 May 2026
Uganda's burgeoning Business Process Outsourcing (BPO) sector is attracting international attention, as evidenced by its positive inclusion in recent global talent rankings. Source: https://www.monitor.co.ug/uganda/business/finance/uganda-puts-best-foot-forward-in-bpo-market-5462532
agriculture 16 May 2026
Beyond achieving good harvests, Ugandan farmers grapple with the critical stages of storing, transporting, and selling their farm products to ensure fair prices and minimize post-harvest losses. Source: https://www.monitor.co.ug/uganda/magazines/farming/selling-farm-products-another-farmers-concern-5461098
Business 15 May 2026
East African institutional investors are increasingly exploring alternative investments beyond traditional government securities, driven by falling yields and a need for diversification. However, challenges such as taxation, liquidity, and governance persist. Source: https://www.monitor.co.ug/uganda/news/national/why-alternative-assets-are-still-a-complex-bet-5461398
Business 15 May 2026
Atiak Sugar Factory's planned resumption of commercial production in April 2027 is now uncertain due to a critical shortage of sugarcane on its plantations. The factory requires significantly more mature sugarcane to sustain operations. Source: https://www.monitor.co.ug/uganda/news/national/why-atiak-factory-will-not-produce-sugar-any-sooner-5461396
Technology 15 May 2026
President Yoweri Museveni witnessed the signing of a Memorandum of Understanding and operational license agreement between the Uganda Communications Commission (UCC) and Starlink, paving the way for the satellite internet provider to begin services in the country. Source: https://statehouse.go.ug/president-museveni-witnesses-signing-of-starlink-licence-agreement-marking-entry-into-ugandas-telecom-sector
Technology 15 May 2026
Uganda has officially approved Starlink's operations following a Memorandum of Understanding and license agreement with the Uganda Communications Commission (UCC). This marks a significant step towards improving internet access across the country. Source: https://www.monitor.co.ug/uganda/news/national/uganda-approves-starlink-after-regulatory-agreement-5461274
Business 15 May 2026
The National Social Security Fund (NSSF) is increasingly focusing its investment portfolio on infrastructure projects, a move aimed at generating higher, stable returns for its members. Source: https://www.monitor.co.ug/uganda/business/prosper/nssf-bets-on-infrastructure-what-s-in-it-for-savers--5461218
Business 15 May 2026
Many Ugandans aren't inherently bad with money; they are often reactive rather than proactive in their financial decisions. True financial empowerment comes from making intentional choices about how money is managed and utilized. Source: https://www.monitor.co.ug/uganda/business/prosper/you-re-not-bad-with-money-but-reactive-5461114
Business 14 May 2026
The Bank of Uganda has warned that escalating Middle East tensions are weakening the Ugandan Shilling, leading to increased import costs and potential inflationary pressures. Source: https://www.monitor.co.ug/uganda/news/national/concern-as-middle-east-tensions-weaken-shilling-5460216
Business 14 May 2026
Traditional business strategy frameworks often fall short in the messy, unfair, and chaotic environments prevalent in many African nations. Amorphous strategy, inspired by the adaptable nature of an amoeba and the chaotic sport of Kikame, offers a path to success. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/how-to-thrive-in-messy-unfair-chaotic-worlds--5459738
Business 14 May 2026
Pearl Bank's mobile money initiative, Wendi, has significantly boosted deposits, but soaring Treasury yields and capital constraints are compelling the state-owned lender to prioritize government debt over loans to farmers and small businesses. Source: https://www.monitor.co.ug/uganda/business/markets/balancing-competing-interests-the-dilemma-facing-pearl-bank-5459648
Business 14 May 2026
A government trade order in Kabale, enforcing the demolition of temporary and dilapidated structures, has led to a surge in commercial rents, forcing many tenants to face eviction and uncertainty about their businesses. Source: https://www.monitor.co.ug/uganda/news/national/trade-order-pushes-up-rent-in-kabale-as-tenants-face-eviction-5459160
Business 14 May 2026
Ugandan President Yoweri Museveni and Egyptian President Abdel Fattah El-Sisi met to bolster bilateral cooperation, focusing on enhancing trade, investment, industrialization, and sustainable resource management including the Nile River. Source: https://ugandainvest.go.ug/president-museveni-and-egypts-el-sisi-discuss-investment-and-industrialization
world 14 May 2026
New attacks on ships near the Strait of Hormuz have heightened concerns amid stalled peace talks between Iran and the United States. US President Donald Trump discussed the Iran situation with Chinese President Xi Jinping, seeking Beijing's more active role in de-escalating the conflict. Source: https://www.monitor.co.ug/uganda/news/world/new-attacks-hit-ships-near-hormuz-as-trump-discusses-iran-with-xi-5459372
Business 14 May 2026
In today's volatile world, the most effective leaders are not those who project unwavering certainty, but rather those who blend personal humility with a sharp focus on purpose and results. This combination fosters trust, encourages innovation, and builds resilient organizations. Source: https://www.monitor.co.ug/uganda/oped/commentary/does-the-future-belong-to-modest-but-focused-leaders-why-humility-matters-5459260
economy 14 May 2026
Domestic and international investors have signaled strong optimism for Uganda's economic future, pledging increased investment and job creation following President Yoweri Museveni's inauguration for the 2026-2031 presidential term. Source: https://ugandainvest.go.ug/investors-are-optimistic-about-the-economy-in-the-2026-2031-presidential-term
economy 14 May 2026
Despite facing significant barriers, women are vital to Uganda's economy, leading nearly 40% of businesses and a third of MSMEs. Their success requires more than just financial aid, necessitating relational and practical support systems. Source: https://www.monitor.co.ug/uganda/oped/letters/why-backing-women-and-their-businesses-is-an-economic-imperative-5459044
Technology 13 May 2026
A new AI-powered platform, AI-POD, has launched a pilot phase to connect Ugandan software engineers with Japanese companies, removing language barriers and fostering cross-border collaboration. Source: https://www.monitor.co.ug/uganda/news/national/digital-bridge-new-ai-platform-connects-ugandan-engineers-to-japanese-job-market-5457734
Business 13 May 2026
While Uganda's bond market provides attractive yields for investors, it presents significant challenges for economic policymakers, according to recent analysis. Source: https://www.monitor.co.ug/uganda/business/markets/bond-market-loved-yet-troubling-for-economists-5457964
national 13 May 2026
Once a sparsely populated rural area, Kagadi District, created in 2016, has rapidly transformed into a significant commercial and economic center in Uganda's Bunyoro sub-region. This growth has led to a surge in land and housing prices, attracting increased investment. Source: https://www.monitor.co.ug/uganda/news/national/kagadi-s-growth-from-bush-to-commercial-hub-5457810
Business 13 May 2026
Uganda Airlines has received its first leased Boeing 737-800 from Ethiopian Airlines to immediately increase capacity on regional routes and improve service reliability amidst fleet strain. Source: https://www.monitor.co.ug/uganda/news/national/uganda-airlines-bolsters-fleet-with-first-leased-boeing-to-ease-regional-pressure-5457358
culture 13 May 2026
Wu Yiming, a Chinese software entrepreneur who initially came to Kampala for business opportunities, has become a recognizable figure in Uganda through his cultural adaptation and unexpected rise to television fame as 'Handsome Jimmy'. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/the-chinese-entrepreneur-who-made-kampala-home-5457426
Business 12 May 2026
African nations, despite being rich in crude oil production, face crippling fuel shortages and high prices due to outdated colonial trade routes that prioritize exports over domestic refining. This dependence leaves the continent vulnerable to global geopolitical shocks and economic instability. Source: https://www.monitor.co.ug/uganda/oped/commentary/why-africa-is-drowning-in-oil-but-thirsty-for-fuel-5457394
Business 12 May 2026
Local and foreign investors have signaled strong confidence in Uganda's economic prospects following President Museveni's inauguration for his seventh term. These investors are pledging to boost job creation and support the government's new economic agenda. Source: https://www.monitor.co.ug/uganda/news/national/what-investors-think-of-museveni-s-no-sleep-term-5457290
Business 12 May 2026
Mobile money has become the preferred method for receiving diaspora remittances in Uganda, handling 60.83% of transfers, significantly surpassing traditional cash pickup services. This shift reflects the extensive reach of mobile money networks into rural areas and the integration of international remittance providers with telecom wallets, transforming how money reaches recipients across the country. Source: https://www.monitor.co.ug/uganda/business/markets/how-telecoms-captured-the-remittance-receiving-market--5456200
Business 12 May 2026
A recent 150% increase in motorcycle registration tax in Uganda significantly raises the cost of entry into the boda boda economy, disproportionately affecting young individuals relying on this sector for their livelihoods. Source: https://www.monitor.co.ug/uganda/business/markets/the-punishing-mechanics-of-taxing-the-boda-boda-economy-5456216
Business 12 May 2026
Uganda anticipates significant financial relief as the first oil revenues are set to be integrated into the national budget starting in the 2026/2027 fiscal year, potentially reducing reliance on borrowing. Projections show oil revenues starting at Shs1.4 trillion and rising substantially in the coming years, aiding in funding key sectors like PDM, education, and health. Source: https://www.monitor.co.ug/uganda/business/prosper/how-the-first-oil-will-shape-govt-spending-5454892
Business 11 May 2026
Finance ministers and economic officials from the East African Community are meeting in Arusha to discuss fiscal coordination, trade policy harmonization, and the roadmap towards a monetary union. The meetings aim to accelerate the implementation of regional commitments and strengthen economic integration. Source: https://www.monitor.co.ug/uganda/news/national/eac-pushes-fiscal-unity-monetary-union-touted-as-finance-ministers-meet-in-arusha-5455636
Business 11 May 2026
The East African Development Bank (EADB) has introduced a new $13 million (approximately Shs49 billion) fund aimed at supporting youth and women entrepreneurs in the region. This initiative is part of EADB's strategy to foster inclusive economic growth by providing capital to underserved businesses. Source: https://www.monitor.co.ug/uganda/news/national/-eadb-sets-up-shs49b-fund-for-youth-and-women-led-enterprises-5455066
education 11 May 2026
Robinah Nyakecho, through sheer determination, transformed her life from working as a cleaner to becoming an employer, demonstrating the power of persistence. Source: https://www.monitor.co.ug/uganda/news/education/nyakecho-s-journey-from-a-cleaner-to-an-employer-5455182
Business 11 May 2026
Ugandan insurance companies are increasingly relying on their agents to address the critical issue of low policy persistency, where clients frequently cancel their policies prematurely. This trend poses a significant threat to the long-term stability of the insurance sector. Source: https://www.monitor.co.ug/uganda/business/insurance/insurers-tap-agents-to-reverse-declining-policy-persistency-5454962
Business 11 May 2026
Uganda's efforts to improve urban order by removing street vendors are creating significant economic fallout, impacting livelihoods and disrupting national value chains. Economists warn that the crackdown, while aiming for formalization, could cripple a sector vital to the country's GDP and employment. Source: https://www.monitor.co.ug/uganda/business/prosper/-dead-vendor-economy-when-streets-go-quiet-5454760
Business 11 May 2026
Owning company shares offers Ugandans direct participation in business growth, potentially yielding significant returns through dividends and capital appreciation beyond traditional savings. Understanding the stock market mechanism can transform passive consumption into active wealth creation. Source: https://www.monitor.co.ug/uganda/business/prosper/why-you-should-invest-in-company-shares--5454706
Politics 11 May 2026
A commentary argues that the development of an oil refinery in Tanga, Tanzania, does not detract from Uganda's own refinery project but rather complements it, bolstering regional energy security and economic maturity. Source: https://www.monitor.co.ug/uganda/oped/commentary/dangote-tanga-refinery-will-complement-uganda-s-refinery-5454780
Business 11 May 2026
Uganda is experiencing rapid construction fueled by urbanization and investment, but a lack of focus on post-construction management is leading to the quiet decay of valuable assets. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-s-buildings-big-investment-quiet-decay-5454684
Business 11 May 2026
Uganda's tax authority has introduced a fixed 40% Pay As You Earn (PAYE) rate for secondary employment income, impacting how individuals with multiple job roles are taxed. This change potentially alters the take-home pay for many professionals with side hustles or concurrent roles. Source: https://www.monitor.co.ug/uganda/business/prosper/paye-changes-they-re-not-telling-you-5454666
Business 11 May 2026
Uganda's proposal to tax companies that are already operating at a loss due to economic pressures like high interest rates and currency depreciation risks stifling businesses and investor confidence. Experts warn this could lead to job losses and hinder economic growth. Source: https://www.monitor.co.ug/uganda/business/prosper/why-taxing-loss-making-companies-is-a-policy-disaster-5454648
energy 10 May 2026
A recent report by the International Solar Alliance (ISA) has placed Uganda as the second most promising solar market on the African continent, following Burkina Faso. Ethiopia secured the third position in the assessment of solar energy potential and investment attractiveness. Source: https://www.monitor.co.ug/uganda/news/national/uganda-is-second-most-promising-solar-market-in-africa-5452154
Business 10 May 2026
The United States and Saudi Arabia have emerged as the primary sources of diaspora cash flowing into Uganda, according to the 2025 Bank of Uganda Cross-Border Remittance Report. These two nations collectively account for a significant portion of the total remittances received. Source: https://www.monitor.co.ug/uganda/business/markets/us-and-saudi-arabia-are-uganda-s-leading-sources-of-diaspora-cash--5453192
Business 10 May 2026
Cornerstone Insurance Company has announced plans to acquire a significant 64.95 percent stake in the National Insurance Corporation (NIC) from its Nigerian parent company, Industrial and General Insurance Plc. The deal, pending regulatory approval, signals a major shift in Uganda's insurance landscape. Source: https://www.monitor.co.ug/uganda/business/insurance/why-cornerstone-is-buying-nic--5453168
energy 10 May 2026
Kenya is looking to import an additional 300 MW of electricity from Uganda by 2027, according to Uganda's Energy Minister, Ruth Nankabirwa. This move underscores Uganda's growing role in regional power trade amidst its own demand growth. Source: https://www.monitor.co.ug/uganda/news/national/kenya-targets-more-ugandan-electricity-in-2027-5454454
Business 10 May 2026
The Commercial Division of the High Court is holding a two-week mediation drive targeting over 320 banking and credit-related disputes, aiming to clear case backlogs and free up billions of shillings. Source: https://www.monitor.co.ug/uganda/news/national/commercial-court-targets-320-banking-cases-in-two-week-mediation-drive-5453998
Business 10 May 2026
Local leaders and development experts are calling for a diversified economic approach in the West Nile region, emphasizing that reliance on the hospitality sector alone is insufficient for sustainable growth. Source: https://www.monitor.co.ug/uganda/business/prosper/-west-nile-won-t-grow-through-lodges-alone--5453824
transportation 10 May 2026
The Uganda Railways Commission is spearheading a modernization effort for the nation's railway network to decrease dependence on road transport, aiming to cut costs and boost trade. Source: https://www.monitor.co.ug/uganda/news/national/urc-plans-to-modernise-railways-to-reduce-reliance-on-road-transport--5453746
Business 10 May 2026
Uganda's entry into the global oil market coincides with the most significant supply shock the world has experienced, presenting both challenges and opportunities for the East African nation. Source: https://www.monitor.co.ug/uganda/business/commodities/uganda-s-oil-arrives-in-middle-of-biggest-global-supply-shock-5453442
Business 9 May 2026
Uganda has initiated a strategic partnership with Turkish company Kafe Kavil to boost coffee exports and enhance its presence in the growing Turkish market. This collaboration aims to strengthen bilateral trade and promote Ugandan coffee varieties. Source: https://www.monitor.co.ug/uganda/news/national/uganda-turkey-deepen-coffee-trade-ties-5453398
Business 8 May 2026
World trade rules, established at the WTO's inception, were largely negotiated by wealthy nations to favor their interests, leaving developing countries with limited power to shape the terms. Recent ministerial conferences have seen African nations' demands deferred, illustrating the ongoing struggle for equitable global trade. Source: https://www.monitor.co.ug/uganda/magazines/people-power/how-world-trade-rules-were-written-to-keep-africa-poor-5452386
transportation 8 May 2026
Uganda Railways Corporation (URC) is refurbishing tanktainers to re-establish fuel transportation, aiming to boost capacity and strengthen multimodal freight operations across Lake Victoria. Source: https://www.monitor.co.ug/uganda/news/national/uganda-railways-begins-rehabilitation-of-tanktainers-ahead-of-fuel-transport-revival-5451390
Business 7 May 2026
Uganda's goal of reaching a $500 billion economy is threatened by significant inefficiencies, corruption, and delays in public procurement processes, according to Treasury Secretary Ramathan Ggoobi. Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-10-fold-growth-dream-hits-procurement-wall-5451216
Entertainment News 7 May 2026
A pervasive issue of unpaid performances is plaguing Uganda's music industry, forcing artistes to take drastic measures and highlighting a lack of structure and accountability in dealings with event promoters. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/no-pay-no-performance-inside-uganda-s-artiste-payment-crisis-5449848
Business 7 May 2026
African nations and others are increasingly involved with China's maritime investments, anticipating economic benefits like improved infrastructure and trade. However, concerns linger over potential debt traps, intelligence gathering, and geopolitical influence. Source: https://www.monitor.co.ug/uganda/news/navigating-the-issues-surrounding-china-s-ports-abroad-5451142
Business 7 May 2026
One year after taking over electricity distribution from Umeme, Uganda Electricity Distribution Company Limited (UEDCL) is under review, with the Managing Director asked to step aside pending investigations into performance and procurement delays. While revenue collection has surged, service delivery remains a key concern. Source: https://www.monitor.co.ug/uganda/news/national/power-shift-one-year-after-umeme-exit-uedcl-faces-scrutiny--5450848
Business 7 May 2026
MTN Uganda's stock has seen a remarkable turnaround since its 2021 Initial Public Offering, rewarding patient investors with significant capital gains and substantial dividends despite initial skepticism and undersubscription. Source: https://www.monitor.co.ug/uganda/business/markets/mtn-the-investment-many-ignored-then-scrambled-for-5450778
Business 7 May 2026
Uganda Electricity Distribution Company Limited (UEDCL) has announced a significant reshuffling of its top management, appointing new acting heads for key departments. This move follows the recent placement of the former managing director on forced leave. Source: https://www.monitor.co.ug/uganda/news/national/uedcl-appoints-new-staff-in-another-top-management-reshuffle--5450634
Business 7 May 2026
President Yoweri Museveni is slated to inaugurate a new $300 million cement factory in Uganda's Karamoja sub-region. This significant investment is expected to boost local economy and industrial output. Source: https://ugandainvest.go.ug/new-300-million-dollar-cement-factory-opening-in-uganda
Business 7 May 2026
A significant economic boost is on the horizon for Uganda's Karamoja sub-region with the upcoming commissioning of a state-of-the-art, $300-million cement factory. Owned by Yaobai Cement Uganda, the facility is poised to transform the local manufacturing landscape and unlock new economic opportunities. Source: https://ugandainvest.go.ug/new-300-million-dollar-cement-factory-opening-in-uganda
Business 7 May 2026
Uganda's export performance sees a significant shift as Hong Kong now ranks as the nation's second-largest market, trailing only the United Arab Emirates. Source: https://ugandainvest.go.ug/hong-kong-is-ugandas-second-biggest-export-market-after-united-arab-emirates
Business 7 May 2026
Kampala's Mayor-elect, Ronald Balimwezo, is advocating for mandatory entrepreneurship and financial literacy training before beneficiaries receive funds from the government's Parish Development Model (PDM). He argues that the program's effectiveness is hindered by a lack of essential business skills among recipients, leading to wasted resources. Source: https://www.monitor.co.ug/uganda/news/national/kampala-mayor-balimwezo-calls-for-entrepreneurship-training-before-pdm-funding-5450334
national 7 May 2026
Residents affected by the Iganga-Luuka-Kamuli road project are protesting delayed compensation, accusing the government of selective payments and disrupting their livelihoods. Source: https://www.monitor.co.ug/uganda/news/national/residents-protest-delayed-compensation-on-iganga-luuka-kamuli-road-project-5450186
Politics 7 May 2026
A decade after a pivotal speech, France and African nations are set to co-host a summit in Nairobi, reinforcing a partnership built on equality, shared interests, and concrete results. Source: https://www.monitor.co.ug/uganda/oped/commentary/here-s-to-building-balanced-future-oriented-partnerships-between-africa-and-france-5450168
news 6 May 2026
Ted Turner, the pioneering media executive renowned for founding CNN and transforming sports broadcasting, has passed away at the age of 87. His later years were dedicated to significant philanthropic efforts, including a substantial pledge to the United Nations. Source: https://www.monitor.co.ug/uganda/news/world/cnn-founder-ted-turner-dies-at-87-5449794
Business 6 May 2026
After 15 years of remarkable growth under Fabian Kasi, Centenary Bank transitions to new leadership with Godfrey Byekwaso taking the helm as managing director, promising continued digital innovation and regional expansion for Uganda's banking powerhouse. Source: https://www.monitor.co.ug/uganda/business/markets/centenary-bank-end-of-an-era-that-has-built-a-giant-and-start-of-another-5449544
Business 6 May 2026
Uganda's fiscal deficit expanded to Shs8.29 trillion in the first seven months of the 2025/26 financial year due to higher government spending on wages, infrastructure, and services amid falling revenues and grants. The Bank of Uganda warns of rising debt costs and pressures on private sector credit, though debt remains sustainable with careful management. Source: https://www.monitor.co.ug/uganda/business/finance/budget-deficit-widens-as-govt-spending-overruns-revenues-5449464
Business 6 May 2026
Uganda's exports to Hong Kong jumped to $317.74 million in March, making it the second-biggest market after the UAE and exceeding earnings from the entire Comesa region and the EU. This shift underscores growing reliance on gold re-exports amid fluctuating demand from key buyers. Source: https://www.monitor.co.ug/uganda/business/markets/hong-kong-emerges-as-uganda-s-second-biggest-export-market--5449500
Business 6 May 2026
At 31, Ugandan agri-entrepreneur Carol Zawedde-Sanyu has transformed personal setbacks into success through Mlinza Farm, blending livestock farming with immersive rural tourism experiences. She credits her community, particularly the Abakyala be’Zirobwe women's group, for providing crucial support in her journey. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/zawedde-thrives-in-agritourism-sector-5449066
Business 6 May 2026
Centenary Bank has launched custodial services, becoming the seventh player in Uganda's underdeveloped sector managing over Shs 30 trillion in retirement assets. The bank, with assets surpassing Shs 8.6 trillion and a loan book over Shs 4 trillion, aims to extend services beyond urban areas using its vast network. Source: https://www.monitor.co.ug/uganda/news/national/centenary-bank-launches-custodial-services-5449036
Business 6 May 2026
Letshego Uganda Limited has calmed concerns among employees and customers, promising no job losses or service disruptions as Axian Digital Venture Holdings takes full ownership. The deal, part of a broader divestment from five African subsidiaries, awaits regulatory approval. Source: https://www.monitor.co.ug/uganda/news/national/letshego-uganda-reassures-staff-on-jobs-as-axian-takes-over-5448974
Business 6 May 2026
Uganda's SMEs drive over 70% of GDP and employ millions but contribute minimally to the country's $13 billion export earnings, dominated by large firms and commodities like gold and coffee. Opportunities exist in free zones, regional trade, standards support, and untapped services like tourism and ICT. Source: https://www.monitor.co.ug/uganda/oped/commentary/are-uganda-s-smes-really-export-ready--5448824
Business 6 May 2026
Ugandan women entrepreneurs are falling behind men in e-commerce due to low digital literacy, high transaction fees, and limited device access, putting SMEs at risk amid projected $5 billion trade growth by 2029. Experts call for reduced mobile money costs and targeted training to bridge the divide. Source: https://www.monitor.co.ug/uganda/news/national/digital-divide-leaves-ugandan-women-trailing-men-in-e-commerce-5448818
Business 6 May 2026
Uganda National Oil Company (Unoc) has started offloading nearly 100 million litres of petrol and diesel at Mombasa port, with initial deliveries expected in Uganda soon as pump prices climb due to global factors and a weaker shilling. Source: https://www.monitor.co.ug/uganda/news/national/unoc-starts-discharging-100-million-litres-of-fuel--5448748
Business 6 May 2026
Uganda's National Development Plan IV aims to boost secondary cities like Gulu, Mbarara, and Arua to decentralize growth from Kampala, but success hinges on execution rather than design alone. Infrastructure, land issues, and financing challenges shape incremental development in these emerging urban centers. Source: https://www.monitor.co.ug/uganda/oped/commentary/uganda-s-secondary-cities-will-not-succeed-by-design-alone-5448704
finance 6 May 2026
aBi Finance has launched two key initiatives in Kampala to embed ESG principles into Uganda's banks and microfinance institutions, promoting sustainable financing amid global shifts. The efforts, backed by the Bank of Uganda and industry partners, aim to enhance climate risk management and inclusive growth. Source: https://observer.ug/news/abi-finance-esg-push-could-reshape-ugandas-financial-sector
Business 6 May 2026
Government ministers touring the Dei BioPharma facility in Matugga hailed it as a pivotal step towards Uganda producing its own medicines, reducing import reliance, and generating 40,000 jobs for youth. The integrated project links farming to high-value drug manufacturing, promising economic transformation and sovereignty. Source: https://observer.ug/news/minister-dei-to-power-uganda-jobs-drugs-independence
transport 5 May 2026
Uganda Taxi Operators Federation criticizes the Kampala Capital City Authority and Kiira Motors for deploying government-funded electric buses, claiming it creates an uneven playing field and endangers private sector jobs. Operators highlight tax exemptions and lack of consultation as key issues amid plans for nationwide expansion. Source: https://www.monitor.co.ug/uganda/news/national/launch-of-electric-buses-irks-taxi-operators-5448494
Business 5 May 2026
Minister Raphael Magyezi has ordered 68 expired lock-up leases in Kamuli to return to the Municipal Council, leaving traders in tears and shock. Officials plan a fair reallocation prioritizing active traders amid calls for calm negotiations. Source: https://www.monitor.co.ug/uganda/news/national/kamuli-traders-in-tears-as-68-lock-ups-are-returned-to-council--5448326
Business 5 May 2026
Mobile money lending in Uganda exploded by 80 percent in 2025, with users borrowing nearly Shs3 trillion, led by MTN's Shs2.7 trillion in loans. This shift marks telecom platforms as a dominant force in credit access, outpacing traditional banks. Source: https://www.monitor.co.ug/uganda/business/markets/mobile-money-users-borrowed-nearly-shs3-trillion-in-2025--5448208
Business 5 May 2026
Uganda's recent labour legislation aims to restrict casual employment practices, yet weak enforcement leaves millions of workers vulnerable to exploitation. Experts warn that without stronger mechanisms, the law's benefits may not reach those it intends to protect. Source: https://www.monitor.co.ug/uganda/business/markets/casual-workers-got-a-law-but-getting-justice-is-harder--5448162
Business 5 May 2026
Ugandan courts have upheld that stamp duty must be paid by the person who signs or creates a document, not the one who benefits from it, as seen in a recent case dismissing a Shs187m URA claim against Ecobank. With URA ramping up audits and proposing stricter reporting rules, businesses are urged to review contracts and maintain clear records. Source: https://www.monitor.co.ug/uganda/business/finance/who-bears-the-burden-of-paying-stamp-duty--5448110
Business 5 May 2026
Uganda made a notable appearance at the 2026 Canton Fair in Guangzhou, showcasing products like coffee and shea butter to attract investors and buyers. The event led to direct sales, orders, and interest in sectors from energy to agro-processing. Source: https://www.monitor.co.ug/uganda/news/national/uganda-showcases-investment-potential-at-china-s-canton-fair-5447644
Business 5 May 2026
Uganda's proposed Protection of Sovereignty Bill is sparking fears in the property sector by creating uncertainty for foreign investors, diaspora buyers, and developers reliant on international financing. Experts warn it could slow major projects, raise costs, and redirect capital elsewhere in a market vital for jobs and growth. Source: https://www.monitor.co.ug/uganda/business/prosper/sovereignty-bill-shakes-property-market-confidence-5447462
Business 5 May 2026
President Museveni presented the National Independence Diamond Jubilee Medal to four senior oil and gas technocrats, including PAU's Ali Ssekatawa, during Labour Day celebrations in Buikwe. The honors recognize their crucial work in securing agreements for the Lake Albert project and building the sector's frameworks. Source: https://www.monitor.co.ug/uganda/business/prosper/why-museveni-honoured-ssekatawa-three-other-oil-and-gas-technocrats-with-medals-5447176
Business 5 May 2026
The Managing Director and board chair of Uganda Electricity Distribution Company Ltd (UEDCL) have been ousted amid internal clashes, procurement delays, and disputes over lucrative contracts following the takeover from Umeme. Electricity losses have risen, exacerbating network challenges inherited from the previous operator. Source: https://www.monitor.co.ug/uganda/news/national/the-untold-battle-power-struggles-and-fight-over-deals-at-uedcl-5447290
Business 5 May 2026
Creditinfo Uganda's advanced identity verification platform leverages credit data, government records, and digital signals to create a robust defense against fraudsters who struggle to mimic authentic online histories. As cybercrimes spike with 300% more automated attacks, this tool aids AML compliance and smooth customer onboarding for businesses. Source: https://www.monitor.co.ug/uganda/business/prosper/the-one-thing-that-criminals-can-t-fake-5447234
Business 4 May 2026
Treasury bond prices in Uganda emerge from competitive auctions run by the Bank of Uganda, where investor bids determine the cut-off yield and thus the price. High demand lowers yields and raises prices, while low demand does the opposite, driven by economic factors like inflation and central bank policy. Source: https://www.monitor.co.ug/uganda/business/prosper/where-does-a-bond-s-price-come-from--5447220
Business 4 May 2026
Letshego Africa Holdings is selling its Ugandan operations and businesses in four other African countries to Axian Group, impacting nearly 500 employees in Uganda after over 20 years of service with 46 branches. The deal, pending regulatory approval, shrinks Letshego's footprint to six sub-Saharan markets while boosting its focus on southern Africa. Source: https://www.monitor.co.ug/uganda/news/national/500-employees-affected-as-letshego-exits-5447200
Business 4 May 2026
In Uganda's corporate sector, securing a taxed job is a stroke of fortune, yet employees face dismal working conditions, low pay, and limited benefits. Widespread dissatisfaction fuels low productivity and drives many to seek opportunities abroad. Source: https://www.monitor.co.ug/uganda/oped/columnists/nicholas-sengooba/cry-beloved-corporate-ugandan-employee-5447128
Business 4 May 2026
Ms Gladys Nalukenge Lubowa, relationship manager for Women in Business at KCB Bank Uganda, is empowering female entrepreneurs through targeted financial solutions and mentorship, drawing from her journey from humble Kamwokya roots to corporate leadership. Her initiatives help women build sustainable businesses and contribute to economic growth. Source: https://www.monitor.co.ug/uganda/special-reports/lubowa-changing-how-women-access-money-5447144
Business 4 May 2026
Letshego Africa Holdings is selling its operations in Uganda, Ghana, Tanzania, Nigeria, and Rwanda to Dubai-based Axian Digital Venture Holdings as part of a strategic shift to Southern Africa. The move ends over 20 years of Letshego's financial inclusion efforts in Uganda, paving the way for growth under new ownership. Source: https://www.monitor.co.ug/uganda/news/national/letshego-to-exit-uganda-four-other-african-countries-after-axian-acquisition--5446670
Business 4 May 2026
Ugandans often face tough choices when needing quick cash like Shs20 million, forced to sell valuable land plots entirely due to lack of liquidity. Treasury bonds offer a flexible alternative, allowing partial liquidation with high yields and reliable income. Source: https://www.monitor.co.ug/uganda/business/prosper/-don-t-sell-your-plot-to-fix-a-shs20m-problem--5446338
Business 4 May 2026
An international tribunal in London has ruled that Uganda must pay Rift Valley Railways Uganda Limited (RVRU) approximately Shs522 billion ($138.93 million) for wrongfully terminating a 25-year railway concession agreement in 2017. RVRU was also ordered to pay Uganda $102,804.99 in historical damages. Source: https://www.monitor.co.ug/uganda/news/national/uganda-to-pay-shs522b-over-railway-concession-deal-5445998
Business 4 May 2026
The dismissal of UEDCL's board chairperson and managing director exposes severe operational challenges, including a mismatch between rising electricity generation and an overstretched distribution network plagued by outdated equipment and frequent outages. An internal report highlights urgent needs for upgrades amid growing demand and mounting losses. Source: https://www.monitor.co.ug/uganda/news/national/the-troubles-at-uedcl-that-got-bosses-sacked-5445982
Business 3 May 2026
Bank of Baroda has delivered exceptional returns for investors through disciplined operations, surging dividends, and robust profitability, turning a Shs1m investment in 2022 into over Shs27m today. Despite impressive gains, analysts see it remaining undervalued compared to market peers. Source: https://www.monitor.co.ug/uganda/business/markets/bank-of-baroda-high-yielding-stock-but-largely-undervalued-5445816
Business 3 May 2026
Standard Chartered Bank Uganda reported a staggering 503% profit increase to Shs115.1 billion in 2025, far outpacing the sector's 36% growth. The surge stemmed from lower taxes, a pivot to corporate banking, cost cuts, and gains from selling its retail business to Absa. Source: https://www.monitor.co.ug/uganda/business/markets/a-503-profit-growth-the-story-behind-stanchart-s-surge--5445790
Business 3 May 2026
State Minister Evelyn Anite has revealed that Uganda's mere two textile companies are insufficient to meet clothing needs for over 45 million Ugandans and the 300-million-strong East African Community. She urged more investments to boost production amid government incentives and new taxes on imported second-hand clothes. Source: https://www.monitor.co.ug/uganda/business/markets/our-firms-can-t-meet-growing-textile-demand-anite-says--5445772
Politics 3 May 2026
Amid quiet parliamentary debates on Building Control Act amendments, critics slam UIPE and ERB for silence as non-engineers gain power over structural approvals and local materials like ISSB are ignored. The changes risk excluding small builders, duplicating fees, and compromising public safety without a proper Uganda Building Code after 13 years. Source: https://www.monitor.co.ug/uganda/oped/commentary/engineers-ought-to-wake-up-before-the-building-control-act-stifles-the-profession-5445438
Business 3 May 2026
Uganda's electricity demand rose 21 percent in 2025 due to higher domestic use and exports, with hydropower providing most supply despite disruptions from waterweeds at key plants like Karuma and Kiira-Nalubaale. Bujagali emerged as the most reliable performer, helping mitigate outages and load shedding. Source: https://www.monitor.co.ug/uganda/business/markets/electricity-sector-takes-two-steps-back-for-one-in-front-5445124
Business 3 May 2026
Eng Joselynne Rwabogo Rwakakooko has been named acting Managing Director of Uganda Electricity Distribution Company Limited (UEDCL) effective May 2, 2026, replacing Paul Mwesigwa who was sent on forced leave. The move follows governance changes, with Stella Marie Biwaga appointed as interim board chairperson. Source: https://www.monitor.co.ug/uganda/news/national/what-new-acting-md-eng-joselynne-rwabogo-brings-to-uedcl-5445060
Business 3 May 2026
Uganda has launched its inaugural Packaging Centre of Excellence to standardize and modernize the packaging sector, making local products more appealing in global markets. The facility will drive research, training, and innovation to align with international standards and boost trade opportunities. Source: https://www.monitor.co.ug/uganda/news/national/uganda-launches-first-packaging-centre-of-excellence-to-boost-exports-5445004
tourism 2 May 2026
Tour operator and software engineer Sam Brian George Kkunsa is revolutionizing Uganda's tourism by fusing ICT with sustainable, community-focused travel experiences. Starting with student outings, he now champions greener practices and untapped attractions beyond traditional safaris. Source: https://www.monitor.co.ug/uganda/magazines/life/sam-kkunsa-s-travel-revolution-from-campus-trips-to-eco-tourism-innovation-5444834
Business 2 May 2026
Uganda Investment Authority plans to turn Kapeeka Industrial Park in Nakaseke district into a one-stop industrial hub, projecting 200,000 jobs upon full development. The park, already hosting 34 factories, aims to support small-scale industries and streamline investor services. Source: https://www.monitor.co.ug/uganda/news/national/200-000-jobs-in-offing-as-kapeeka-industrial-park-undergoes-major-transformation-5444842
Business 2 May 2026
Centenary Bank is poised for a major leadership shift, with long-time executive Godfrey Byekwaso set to become Managing Director as Fabian Kasi moves to head the broader Centenary Group. The changes include new Executive Director roles to sharpen oversight on business operations and compliance with evolving regulations. Source: https://www.monitor.co.ug/uganda/news/national/centenary-bank-makes-hushed-leadership-changes-5444260
Business 2 May 2026
Energy Minister Ruth Nankabirwa has appointed lawyer Stella-Marie Biwaga Cingtho as interim board chairperson for Uganda Electricity Distribution Company Limited (UEDCL), replacing Lydia Ochieng-Obbo whose contract ended. The move coincides with the managing director being placed on forced leave for a governance review. Source: https://www.monitor.co.ug/uganda/news/national/who-is-incoming-uedcl-board-chair-stella-marie-biwaga--5444164
Business 2 May 2026
Uganda's Energy Minister Ruth Nankabirwa has terminated the UEDCL board chairperson Lydia Ochieng-Obbo and sent Managing Director Paul Mwesigwa on forced leave following a management review. An interim board chair and acting MD have been appointed to ensure uninterrupted electricity services. Source: https://www.monitor.co.ug/uganda/news/national/why-uedcl-board-chair-was-terminated-md-sent-on-forced-leave-5444096
Business 2 May 2026
The Ugandan government is taking steps to improve Uganda Air Cargo operations after the Auditor General's report exposed delays in a joint venture with Alpha MBM DWC-LLC. Officials see the audit as a chance to align efforts and speed up revival of the national carrier. Source: https://www.monitor.co.ug/uganda/news/national/government-moves-to-strengthen-uganda-air-cargo-as-auditor-general-flags-implementation-gaps-5444114
farming 1 May 2026
Alice Ruhweza, a Ugandan with roots in a smallholder farm in Fort Portal, has taken the helm as president of AGRA, drawing on 30 years of global experience to champion the prosperity of African farmers. She believes transforming agriculture is key to tackling biodiversity loss, climate change, and economic growth across the continent. Source: https://www.monitor.co.ug/uganda/magazines/farming/ruhweza-farmer-s-daughter-betting-on-africa-s-prosperity-5443852
Business 1 May 2026
Homestays and short-term rentals like Airbnbs are surging in popularity across Uganda, providing affordable alternatives to hotels, but the sector's lack of oversight raises serious issues around safety, standards, taxation, and guest protection. Operators and officials highlight the need for clear rules to formalize this growing industry. Source: https://www.monitor.co.ug/uganda/news/national/inside-unregulated-rise-of-homestays-airbnbs-5443998
Business 1 May 2026
Uganda's insurance penetration lingers below 1% of GDP, but the government sees the upcoming national health insurance scheme as a game-changer for growth. Minister Norbert Mao urged insurers to simplify messaging and seize the opportunity during the 2025 Insurance Agents Awards in Kampala. Source: https://www.monitor.co.ug/uganda/news/national/insurance-penetration-below-1-as-govt-eyes-health-scheme-boost--5443406
Business 1 May 2026
Preparations are underway for the upcoming Uganda-DRC Investment and Trade Summit 2026, scheduled for May 29. The event aims to bolster economic ties and unlock significant investment and trade opportunities between the two nations. Source: https://ugandainvest.go.ug/uganda-drc-investment-and-trade-summit-2026-preparations-kick-off
Business 1 May 2026
Women in leadership roles revolutionize financial services by designing inclusive products for real customers and fostering community connections, leading to stronger business outcomes. Institutions must provide them with authority and resources to scale women-centered initiatives. Source: https://www.monitor.co.ug/uganda/oped/commentary/gender-balanced-leadership-is-good-for-business-5443092
tourism 1 May 2026
While global campaigns like 'Explore Uganda' are gaining traction abroad, the Uganda Tourism Board stresses the need to host events at home to convert international interest into actual bookings and longer stays. Source: https://www.monitor.co.ug/uganda/oped/commentary/if-we-want-visitors-we-must-close-the-deal-at-home-5443028
Business 1 May 2026
Uganda's Public Procurement and Disposal of Public Assets Authority (PPDA) is embedding environmental, social, and health safeguards (ESHS) in public procurement to promote decent work conditions. This aligns with the 2026 Labour Day theme of empowering the workforce for competitive enterprises. Source: https://www.monitor.co.ug/uganda/oped/commentary/leveraging-public-procurement-to-promote-decent-work-conditions-5443022
education 1 May 2026
Ugandan youth are urged to transform school holidays from idle time into opportunities for skill-building, habit-forming, or starting small businesses, aligning with the new competency-based curriculum. Parents should actively guide their children towards practical experiences and real-world problem-solving. Source: https://www.monitor.co.ug/uganda/oped/letters/this-holiday-read-a-book-learn-a-skill-or-even-start-a-business-5443016
Business 1 May 2026
Over 13,500 young employees, mostly women, flock daily to Mbale Sino Industrial Park, operating cranes, assembling meters, and more in a hub of 82 factories. On Labour Day 2026, they highlight skill training, safety measures, and calls for minimum wage amid improved livelihoods. Source: https://www.monitor.co.ug/uganda/news/national/labour-day-inside-mbale-park-s-daily-influx-of-young-workers-5443006
Business 30 April 2026
Corporate leaders and regulators at the 2026 LEAD Convention in Kampala urged businesses to adopt flexible strategies amid geopolitical tensions, climate risks, and economic volatility. Key speakers emphasized innovation-friendly regulations, human-centered leadership, and homegrown solutions to build lasting resilience. Source: https://www.monitor.co.ug/uganda/news/national/rising-risks-force-ea-firms-to-rethink-strategy-resilience-5442788
Business 30 April 2026
Family-run enterprises in Uganda have long been viewed through the lens of their challenges, but they are increasingly seen as the cornerstone of the nation's business future. This shift highlights their potential despite traditional criticisms. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/the-future-of-business-in-uganda-is-family-business-5441404
Business 30 April 2026
Former Finance Minister Gerald Ssendaula argues that borrowing is essential for Uganda's growth but stresses that the key problem lies in how the funds are spent. He urges better utilization in productive areas like infrastructure and education to ensure repayment capacity. Source: https://www.monitor.co.ug/uganda/business/finance/former-finance-minister-gerald-ssendaula-borrowing-is-not-the-problem-misuse-is--5442630
Business 30 April 2026
Uganda's government assures ample fuel stocks for months ahead, yet panic buying, empty pumps in rural areas, and soaring global oil prices are fueling consumer fears of shortages and higher costs. This surge in demand risks self-fulfilling price hikes and inflation across transport and goods. Source: https://www.monitor.co.ug/uganda/business/markets/no-shortage-but-rising-anxiety-panic-buying-and-price-fears-grip-the-fuel-market-5442682
Business 30 April 2026
Uganda's Ministry of Energy has expanded its fuel quality monitoring from 30% in the program's early days to over 80% today, drastically reducing adulteration to under 1%. The initiative uses chemical markers and mobile labs to ensure every litre of imported fuel meets standards. Source: https://www.monitor.co.ug/uganda/business/markets/we-have-built-the-capacity-to-monitor-fuel-quality-at-all-petrol-stations-says-energy-ministry--5442644
Business 30 April 2026
Uganda's proposed 0.5% minimum tax on gross income for companies with prolonged losses could force struggling businesses into cash crunches and closures, unlike Tanzania's balanced approach. Experts advocate for robust audits using EFRIS data as a smarter alternative to preserve investment appeal. Source: https://www.monitor.co.ug/uganda/oped/commentary/strengthened-audits-are-a-targeted-and-economically-sound-solution-5442048
careers 30 April 2026
Helen Basuuta Nangonzi envisioned a career in academia after excelling at Makerere University, but a serendipitous meeting during fieldwork launched her into banking. Over 14 years, she advanced through key roles at Standard Chartered and Absa, crediting mentorship, resilience, and continuous learning for her success. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/how-nangonzi-shaped-a-career-she-never-planned-5441654
Business 30 April 2026
Crystal Kabajwara's career trajectory from a PwC tax consultant to the first female chairperson of the Tax Appeals Tribunal highlights deliberate choices, mentorship, and resilient leadership amid gender biases. She emphasizes adaptive styles, team purpose, and building sustainable governance systems in public service. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/kabajwara-doesn-t-just-lead-she-lives-it-5441668
agriculture 30 April 2026
Sugarcane farmers in Uganda's Bunyoro and Tooro regions have strongly opposed the recent increase in excise duty on sugar from Shs100 to Shs300 per kilogramme, claiming it will slash their cane prices despite targeting processors. They warn of potential production cuts, job losses, and industry instability if the tax isn't reversed. Source: https://www.monitor.co.ug/uganda/news/national/bunyoro-tooro-sugarcane-farmers-reject-new-tax-5441762
Business 30 April 2026
Mukwano Industries CEO Tony Gadhoke has criticized the Excise Duty (Amendment) Bill, 2026, arguing that the steep $1,500 per tonne tax on plastics will raise prices of essentials like bread packaging, drive up living costs, and encourage plastic dumping from neighboring countries. Minority MPs echo concerns over taxes on key goods like sugar, cooking oil, and cement, fearing they will hinder business and construction. Source: https://www.monitor.co.ug/uganda/news/national/manufacturer-cries-out-over-proposed-excise-duty-on-plastics-5441730
Business 29 April 2026
Thousands of vehicle buyers in Uganda are unable to take delivery of their cleared and paid-for cars due to prolonged delays in issuing mandatory digital number plates. Dealers report backlogs of up to 10 days, higher costs, and mounting frustrations amid capacity and logistical hurdles. Source: https://www.monitor.co.ug/uganda/business/auto/how-digital-plate-delays-are-leaving-buyers-stranded-5441248
Business 29 April 2026
Twaha Mukisa, a Ugandan emcee and editor, bought his first car—a 1999 Toyota Raum—for Shs16 million to ease travel to village events, only to crash it into a tree on the debut solo drive through Kampala traffic. The incident, marked by panic and near-misses, taught him vital lessons in patience, preparation, and responsibility while boosting his dignity and financial progress. Source: https://www.monitor.co.ug/uganda/business/auto/-i-crashed-my-first-car-before-i-got-home--5441230
auto 29 April 2026
A slight jerk or shudder when turning off your car engine often signals 'engine run on,' caused by worn engine mounts, faulty fuel injectors, or carbon deposits in the intake manifold. Addressing these issues promptly prevents long-term damage to the engine and emissions systems. Source: https://www.monitor.co.ug/uganda/business/auto/why-does-my-engine-jerk-even-after-i-switch-it-off--5441206
auto 29 April 2026
The 2007 Subaru Legacy Touring Wagon provides spacious comfort and strong AWD traction for rainy roads but faces challenges with high fuel use in city traffic, low ground clearance on bumpy streets, and costly maintenance for its age. While specialist mechanics are available in Kampala, buyers should weigh these factors against more efficient 2WD options like the Toyota Wish. Source: https://www.monitor.co.ug/uganda/business/auto/is-the-2007-subaru-legacy-touring-suitable-for-kampala--5441192
Business 29 April 2026
Taxi and bus operators in Uganda have hiked fares due to surging fuel prices and operational expenses, with passengers facing increases of Shs5,000 to Shs25,000 on various routes. While taxi operators monitor the situation cautiously, the government plans bulk fuel imports to stabilize supply. Source: https://www.monitor.co.ug/uganda/news/national/passengers-pay-dearly-as-fuel-prices-push-transport-fares-up-5441408
Politics 29 April 2026
Uganda's government has suspended its nationwide trade order enforcement following outcry from MPs, traders, and religious leaders over evictions of roadside vendors. Minister David Bahati announced the pause during a parliamentary session, promising refined measures by July. Source: https://www.parliament.go.ug/index.php/news/4414/govt-suspends-trade-order-enforcement
Business 29 April 2026
Uganda Railways Corporation (URC) is spearheading a revival of the nation's railway network with $300 million from the East African Railway Rehabilitation Support Project, aiming to restore it as a key driver of economic growth. Recent upgrades have boosted cargo volumes, with ambitions to double or triple them in the coming years. Source: https://www.monitor.co.ug/uganda/business/markets/-300m-bet-will-urc-this-time-deliver-the-long-promised-railways-revival--5441190
Business 29 April 2026
Uganda's Government Procurement Portal, once a leader in open contracting across Africa, has experienced a drastic decline in infrastructure project disclosures, with only six projects worth Shs213 billion reported in 2025 and none so far this year. This trend raises serious concerns about transparency, accountability, and public trust in government spending amid persistent infrastructure financing challenges. Source: https://www.monitor.co.ug/uganda/business/markets/public-procurement-transparency-declines-as-public-infrastructure-data-goes-unreported--5441160
Business 29 April 2026
A coalition of major Ugandan business groups has urged the government to reform a tax law requiring companies to deposit 30% of disputed taxes before appeals can proceed, calling it a major obstacle to justice. They seek discretionary waivers to ease cash flow burdens and boost economic growth. Source: https://www.monitor.co.ug/uganda/news/national/private-sector-wants-30-tax-dispute-deposit-rule-removed-5440806
Business 29 April 2026
Uganda should prioritize early adherence to the EU deforestation regulation to secure its market access. Delaying until the deadline poses significant risks to exports. Source: https://www.monitor.co.ug/uganda/oped/commentary/step-up-compliance-to-eu-deforestation-regulation-while-there-is-still-time-5440374
infrastructure 29 April 2026
Nebbi Municipality is set to revive its stalled taxi and bus terminal project through the World Bank-funded Uganda Cities and Municipal Infrastructure Development (UCMID) program, one of 15 selected areas. The initiative, costing over Shs35 billion, will boost mobility, trade, and local revenue on 6 acres along Arua Road. Source: https://www.monitor.co.ug/uganda/news/national/world-bank-funded-project-to-revive-stalled-nebbi-taxi-bus-terminal-5440342
agriculture 29 April 2026
Landowners in Uganda's Busoga region are regretting leasing their land for sugarcane farming at rates of Shs600,000 to Shs1 million per acre for six years, as returns pale compared to multiple harvests from short-cycle crops like maize, rice, and vegetables. While providing upfront cash, these deals lock farmers out of more profitable opportunities. Source: https://www.monitor.co.ug/uganda/news/national/owners-regret-leasing-land-for-growing-cane-in-busoga-5440300
agriculture 29 April 2026
Over 1,000 farmers in Uganda's Bunyoro sub-region have partnered with exporter KK Foods to supply fresh produce like hot peppers to markets in the UK and Western Europe, aiming to reduce waste and increase incomes. The deal promises steady demand and higher earnings through quality-focused production. Source: https://www.monitor.co.ug/uganda/news/national/bunyoro-farmers-tap-uk-eu-markets-to-cut-post-harvest-losses-5440096
energy 28 April 2026
Uganda is nearing its debut as an oil producer with over 99% completion at the Kingfisher field's Central Processing Facility and 18 wells ready, targeting possible production from July to October 2026 despite some forecasts of delays into 2027. Source: https://www.monitor.co.ug/uganda/news/national/uganda-gears-up-for-first-oil-despite-timeline-uncertainty-5440178
energy 28 April 2026
Uganda's Energy and Mineral Development Minister Ruth Nankabirwa has announced a new oil exploration licensing round for the 2026/27 financial year, targeting the Albertine Graben and frontier basins. This move aims to expand the country's resource base as commercial crude production is set to begin later this year. Source: https://www.monitor.co.ug/uganda/news/national/uganda-to-offer-new-oil-exploration-licensing-round-in-2026-27-says-minister-5440088
Business 28 April 2026
Former Finance Minister Ezra Suruma has advised against imposing additional taxes on fuel, despite the government's recent approval of a Shs200 increase on petrol levies to Shs1,750 per liter. He stresses the need for fiscal discipline, spending prioritization, and robust institutions to tackle Uganda's rising debt and economic challenges. Source: https://www.monitor.co.ug/uganda/business/finance/ezra-suruma-i-would-not-recommend-more-taxes-on-fuel--5439800
Business 28 April 2026
A Ministry of Finance report reveals that 81.3% of externally funded projects are delayed, with only 11.9% on track or completed, due to poor planning, procurement delays, and funding shortfalls. While some progress is noted, systemic issues continue to hinder development goals. Source: https://www.monitor.co.ug/uganda/business/finance/81-3-of-externally-funded-projects-are-behind-schedule--5439758
Business 28 April 2026
Uganda's Parish Development Model (PDM) and SACCOs have enabled many previously excluded from formal finance to access loans for daily business needs like restocking and bills. However, experts question if these funds drive business expansion and productivity or merely sustain survival. Source: https://www.monitor.co.ug/uganda/business/pdm-funds-inclusion-who-funds-growth--5439720
education 28 April 2026
Nabillah Mbogo Ssenganda launched Twinbrook Elementary School in Gayaza after growing tired of long daily drives to Kampala for her children's education. The non-denominational preschool has evolved into a supportive, inclusive space offering day and night care for working parents. Source: https://www.monitor.co.ug/uganda/special-reports/how-ssenganda-turned-frustration-into-school--5439120
Business 28 April 2026
Uganda's Insurance Regulatory Authority (IRA) has issued a directive requiring all licensed insurers and intermediaries to enhance their internal policies using a risk-based approach to combat money laundering and terrorism financing. The focus is on high-risk products like life insurance with investment components, annuities, and single premium policies. Source: https://www.monitor.co.ug/uganda/business/insurance/insurers-on-alert-as-ira-tightens-grip-on-illicit-finance-5439104
Business 28 April 2026
The Tax Procedures Code (Amendment) Bill, 2026 proposes doubling penalties for EFRIS non-compliance to double the tax due or Shs200,000, whichever is higher, sparking backlash from traders. While the VAT registration threshold rises to Shs250 million, exempting smaller firms, critics argue it falls short amid mandatory EFRIS rollout to 12 sectors. Source: https://www.monitor.co.ug/uganda/business/prosper/businesses-face-tougher-penalties-over-efris-5438906
Business 27 April 2026
Ugandan experts debate the pros and cons of transferring assets to children while parents are alive, highlighting benefits like reduced disputes and knowledge transfer alongside risks such as poor decisions and family conflicts. Proper planning, including wills and trusts, is key to preserving family wealth across generations. Source: https://www.monitor.co.ug/uganda/business/prosper/inheritance-give-it-now-or-regret-it-later--5438716
energy 27 April 2026
Kenyan President William Ruto and Aliko Dangote are exploring a joint oil refinery at Tanzania's Tanga port, linked to pipelines serving Kenya and Uganda, to overcome limitations of national-only initiatives. This approach could transform how East Africa develops its vast natural resources by integrating supply, logistics, and markets across borders. Source: https://www.monitor.co.ug/uganda/oped/commentary/why-the-tanga-oil-refinery-makes-sense-and-what-it-means-for-ea-5438704
Business 27 April 2026
Uganda's proposed PAYE changes raise the tax-free threshold to Shs335,000, providing modest relief for low earners, but underscore the harsh reality that many formal sector salaries remain insufficient for basic living expenses in 2026. While the updates modernize an outdated system, they fail to address the root issue of stagnant wages amid rising costs. Source: https://www.monitor.co.ug/uganda/business/prosper/how-new-paye-will-change-your-salary-5438724
Business 27 April 2026
A survey by the Federation of Small and Medium-Sized Enterprises-Uganda reveals that 93 percent of over 13,000 MSMEs have no workplace after government evictions from roadside spots. The group calls for shared workspaces and better consultations to mitigate job losses and revenue impacts. Source: https://www.monitor.co.ug/uganda/business/prosper/walugembe-develop-workspaces-for-small-businesses-5437898
energy 27 April 2026
Uganda has invested Shs8.5 trillion and created 81,000 jobs in its oil sector as preparations for first oil advance, though the exact production date remains a secret possibly known only to President Museveni. Expectations point to mid-2026, with steady progress on key projects ahead of the Oil and Gas Convention in Kampala. Source: https://www.monitor.co.ug/uganda/news/national/shs8-5t-invested-81000-jobs-created-despite-oil-production-date-mystery-5438674
Business 27 April 2026
With 93 percent of gaming in Uganda now online and driven by a youthful, mobile-savvy population, regulators are pushing for tech-savvy rules to balance growth, oversight, and player protection. The National Lotteries and Gaming Regulatory Board is amending laws to address emerging technologies amid surging mobile betting activity. Source: https://www.monitor.co.ug/uganda/business/prosper/digital-gaming-demands-smarter-rules-5438764
Politics 27 April 2026
The Ugandan government has suspended the enforcement of a nationwide trade order that targeted roadside vendors and illegal kiosks, following significant public backlash and concerns raised by Members of Parliament. The suspension allows for consultations to find a more humane approach to urban orderliness. Source: https://www.howwe.ug/news/national/42873/govt-suspends-trade-order-enforcement
Business 27 April 2026
Evictions of informal street traders across Ugandan cities have left bustling markets silent, with vendors losing daily incomes of up to Shs60,000 and struggling to pay loans, school fees, and rent. While authorities cite urban planning needs, traders decry rushed enforcement, inadequate relocation spaces, and seek compensation amid a recent government suspension of the order. Source: https://www.monitor.co.ug/uganda/news/national/silenced-markets-street-traders-count-losses-after-city-evictions-5437802
Business 27 April 2026
Uganda's digital sectors like mobile money and e-commerce are booming, but much economic value leaks out through imported tech and foreign platforms. Officials and innovators aim to boost local development, retain wealth, and target massive GDP gains by 2040. Source: https://www.monitor.co.ug/uganda/business/prosper/from-internet-to-income-uganda-s-battle-for-digital-wealth-5437816
Politics 27 April 2026
Uganda's government has suspended its nationwide trade order enforcement following outcry from MPs, traders, and religious leaders. The pause allows for consultations, with a refined approach planned by early July. Source: https://www.parliament.go.ug/news/4414/govt-suspends-trade-order-enforcement
agriculture 27 April 2026
Farmers in Kagadi, Kibaale, and Kakumiro districts are suffering heavy losses from low prices and unreliable buyers from distant mills, while plans for a local sugar factory by investor Amon Kakama remain stalled due to licensing hurdles with the Uganda Sugar Industry Stakeholders’ Council. Source: https://www.monitor.co.ug/uganda/news/national/sugarcane-farmers-decry-market-crisis-as-factory-plan-stalls-over-license-5437704
energy 27 April 2026
CNOOC Uganda has achieved 99% operational readiness for first oil production at the Kingfisher Development Area, with 18 new wells drilled and emergency drills successfully testing critical equipment. The government targets July 2026 for initial output, supported by comprehensive pre-commissioning activities to ensure safety and efficiency. Source: https://www.monitor.co.ug/uganda/news/national/uganda-s-first-oil-readiness-hits-99--5437678
Business 26 April 2026
Uganda has introduced a regulatory sandbox to lure fintech entrepreneurs by offering a controlled environment where standard rules are relaxed. This initiative aims to foster innovation in the financial technology sector. Source: https://www.monitor.co.ug/uganda/business/finance/uganda-opens-sandbox-to-attract-fintech-founders--5436826
energy 26 April 2026
Uganda's oil marketers, represented by SEPA-Uganda, have denied government accusations of hoarding and smuggling fuel, attributing recent shortages and price pressures to global disruptions from Middle East conflicts. They emphasize compliance with regulations and urge queries on supply to UNOC. Source: https://www.monitor.co.ug/uganda/news/national/oil-marketers-deny-hoarding-blame-middle-east-conflicts-for-fuel-shortages-5437482
Business 26 April 2026
Human resource professionals in Uganda are pressing Parliament to fast-track the Human Resource Management Professionals Bill 2025, which proposes jail terms and hefty fines for those using fake qualifications. The legislation aims to regulate the profession, eliminate fraud, and uphold standards and integrity. Source: https://www.monitor.co.ug/uganda/news/national/practitioners-push-for-law-to-severely-punish-hr-impostors-5437350
Business 26 April 2026
Mbale City is gearing up for a 10-day regional trade fair from June 5 to 14, expecting 300 local manufacturers and 50,000 visitors from Eastern Uganda districts. The event emphasizes formalizing trade, job creation, and skills training under the theme of securing Uganda’s economic future. Source: https://www.monitor.co.ug/uganda/news/national/local-manufacturers-prepare-to-showcase-at-mbale-s-trade-fair-5437360
energy 26 April 2026
Uganda's Electricity Regulatory Authority has commended Bujagali Energy Limited for surpassing its licensed operational targets, achieving 99% production capacity and employing 97% local staff. Officials highlighted the plant's clean operations and cleared it of any role in national power disruptions. Source: https://www.monitor.co.ug/uganda/news/national/bujagali-energy-limited-hailed-for-maintaining-operational-standards-5436986
Business 26 April 2026
Parliament's passage of the Income Tax (Amendment) Bill, 2026, introduces a 5% withholding tax on interest paid to foreign lenders, but gross-up clauses in loan agreements mean Ugandan borrowers ultimately foot the bill. This could drive up borrowing costs for critical infrastructure projects in a nation reliant on foreign capital. Source: https://www.monitor.co.ug/uganda/business/finance/who-really-pays-uganda-s-new-tax-on-foreign-lenders--5436794
finance 26 April 2026
Financial experts in the East African Community are pushing for streamlined rules to enable seamless cross-border trading of government treasury bills and bonds, aligning with the EAC Common Market Protocol. A recent Kigali meeting reviewed directives to harmonize regulations and boost capital mobility. Source: https://www.monitor.co.ug/uganda/news/national/experts-push-for-cross-border-trading-of-t-bills-bonds-5436800
education 26 April 2026
Leaders in Uganda's Bugisu sub-region are urging schools to introduce Chinese lessons to overcome language barriers with Chinese investors and workers. The push came during International Chinese Language Day celebrations at the Mbale-Sino Industrial Park. Source: https://www.monitor.co.ug/uganda/news/national/bugisu-leaders-push-for-chinese-lessons-to-bridge-language-gap-5436680
Business 26 April 2026
Uganda's stock market is experiencing a significant bull run fueled by declining interest rates, attractive dividends, and growing participation from retail investors. These factors are drawing more capital into equities and boosting market performance. Source: https://www.monitor.co.ug/uganda/business/finance/what-explains-the-bull-run-on-uganda-s-stock-market--5436296
Business 25 April 2026
A fuel shortage that began in upcountry areas has now gripped Kampala, leaving major fuel stations empty and driving petrol prices up to Shs 6,000 per litre amid long queues and frustration for motorists and transport operators. Global oil disruptions from Middle East tensions and a weak shilling are exacerbating the crisis despite official claims of stable reserves. Source: https://observer.ug/news/fuel-shortage-hits-kampala-triggers-price-hikes
Business 25 April 2026
Grace Kyarimpa, founder of AgroDiverse Impacts Limited, has built a thriving snail farming business in Uganda, generating Shs2.5 million in monthly net income through innovative uses like skincare products and animal feed. Overcoming cultural stigma, she employs youth and promotes the enterprise as an accessible opportunity for small-scale farmers. Source: https://www.monitor.co.ug/uganda/magazines/farming/how-kyarimpa-is-minting-cash-from-snails-5434830
Business 25 April 2026
Grace Kyarimpa, founder of AgroDiverse Impacts Limited, has built a thriving snail farming business in Uganda, generating Shs2.5 million in monthly net income through innovative uses like animal feed, skincare products, and meat sales despite cultural stigma. Source: https://www.monitor.co.ug/uganda/magazines/farming/how-grace-kyarimpa-is-minting-cash-from-snails-5434830
Business 24 April 2026
Authorities are pressing ahead with clearing illegal street vending and reclaiming urban spaces across Uganda to restore order, despite resistance from affected traders, pastors, and opportunistic politicians. This campaign is vital for achieving the 2040 tenfold economic growth target by fostering organized development. Source: https://www.monitor.co.ug/uganda/oped/commentary/enforcing-trade-order-ignore-noise-5435650
Business 24 April 2026
President Yoweri Museveni has commissioned Phase One of the Yaobai Cement factory in Moroto District, a move expected to significantly reduce Uganda's reliance on imported cement clinker. Source: https://statehouse.go.ug/uganda-moves-to-cut-clinker-importation-as-president-museveni-commissions-yaobai-factory
Politics 24 April 2026
Uganda's government has suspended the enforcement of 'Trade Order' operations nationwide due to parliamentary pressure and public outcry over the harsh treatment of urban vendors. State Minister David Bahati announced the pause to facilitate consultations and provide orderly alternatives for affected traders. Source: https://observer.ug/news/govt-now-suspends-enforcement-of-trade-order-operations
Business 24 April 2026
Ugandans often struggle to save as expenses consume income immediately, but experts advocate shifting to automated systems and mindset changes to make saving effortless. Key advice includes prioritizing savings first, setting personal goals, and using technology for automatic deductions. Source: https://www.monitor.co.ug/uganda/business/explainer-how-do-we-fix-the-saving-crisis--5435468
Business 24 April 2026
The High Court has ruled that Airtel Uganda must pay the Uganda Revenue Authority (URA) Shs 1.1 billion following a dispute over the undervaluation of imported telecom equipment. Justice Stephen Mubiru overturned a Tax Appeals Tribunal decision, upholding URA's reassessment based on identical goods valuation. Source: https://observer.ug/news/airtel-ordered-to-pay-ura-shs-1-1bn-in-tax-dispute
Business 24 April 2026
At just 28, Justine Andrea Nansubuga became the youngest mid-level manager in a Ugandan government parastatal, now driving customer experience at Jubilee Life Insurance with impressive results. Her career spans advertising, hospitality, and energy sectors, proving results outweigh age. Source: https://www.monitor.co.ug/uganda/special-reports/nansubuga-redefines-leadership-5435470
energy 24 April 2026
The Ugandan government has initiated probes into oil marketing companies suspected of hoarding fuel and imposing excessive prices, despite claims of sufficient national stocks. Public reports of empty pumps and rationing in Kampala and rural areas have prompted potential enforcement under the Petroleum Supply Act. Source: https://www.monitor.co.ug/uganda/news/national/-govt-launches-probe-into-oil-firms-over-fuel-hoarding-price-hikes-5435306
education 24 April 2026
Makerere University, in partnership with Hima Cement, is training over 250 fundis, technicians, artisans, and students on safer construction practices amid rising concerns over building accidents in Uganda. The two-day workshop at CEDAT focuses on building codes, site safety, metalwork, and plumbing to bridge gaps in the informal sector. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/makerere-cement-firm-in-drive-to-promote-safer-construction-practices--5435166
Business 24 April 2026
Nation Media Group Uganda and the Uganda National Bureau of Standards are forging a partnership to enhance public awareness of product quality standards. The collaboration aims to foster a national quality culture essential for Uganda's economic goals. Source: https://www.monitor.co.ug/uganda/news/national/nmg-unbs-move-to-boost-quality-standards-awareness-in-uganda-5435228
Politics 24 April 2026
Uganda's government has paused the nationwide enforcement of a trade order following public outcry and parliamentary concerns over disrupted small businesses. Minister David Bahati announced further consultations, with a final meeting set for late June before a refined rollout in July. Source: https://www.monitor.co.ug/uganda/news/national/govt-halts-enforcement-of-trade-order-5434760
Business 24 April 2026
Uganda's Parliament has passed amendments to copyright laws enhancing royalties and penalties, while new tax proposals target entertainers' income from performances and IP. Creatives are advised to seek professional guidance for full compliance amid intensified URA enforcement. Source: https://www.monitor.co.ug/uganda/oped/commentary/caution-to-creatives-on-ip-and-taxation-5434742
Business 24 April 2026
Fuel shortages have entered their fifth day across Uganda, including Kampala, with stations rationing supplies and pump prices surging up to Shs500 per litre. Despite Ministry of Energy and UNOC claims of stable national stocks, distribution issues and global tensions fuel public concerns. Source: https://www.monitor.co.ug/uganda/business/markets/who-is-pumping-the-fuel-crisis--5434698
Business 23 April 2026
A new UNCDF initiative in Luweero is empowering small traders to leverage their mobile phones beyond transactions, using digital tools to build creditworthy histories and drive growth. The 'Business Ku Ssimu Yo' campaign under the 10X programme targets young women entrepreneurs for expanded opportunities by 2027. Source: https://observer.ug/news/your-phone-your-business-the-quiet-shift-transforming-luweero-traders
Business 23 April 2026
Uganda's government is aggressively courting Chinese investors through the Uganda–China Coffee Investment and Destination Tour 2026 in Kampala, offering land allocation, tax holidays, and incentives to boost value addition in coffee and other sectors. State Minister Evelyn Anite highlighted the President's directive to provide land for job-creating projects amid China's existing $1 billion investments in infrastructure and industry. Source: https://observer.ug/news/uganda-makes-bold-pitch-to-chinese-investors
Technology 23 April 2026
Uganda has unveiled its first neutral Internet Exchange Point, the National Internet Protocol Peering Exchange (NIPX), enabling ISPs, content providers, cloud services, and data centers to interconnect domestically. This initiative aims to retain local data traffic within the country, cutting costs, reducing latency, and bolstering the nation's digital infrastructure. Source: https://www.monitor.co.ug/uganda/business/technology/uganda-s-first-neutral-exchange-point-promises-data-sovereignty-5434688
Technology 23 April 2026
Chinese EV maker Xpeng plans large-scale production of flying cars in 2026 and full deliveries by 2027, alongside humanoid robots entering production later this year. The company eyes major overseas growth and deeper ties with partners like Volkswagen. Source: https://www.monitor.co.ug/uganda/news/world/china-s-xpeng-expects-to-start-full-scale-delivery-of-flying-cars-in-2027-5434584
Business 23 April 2026
Two African agribusinesses, Omia Agribusiness in northern Uganda and SokoFresh in Kenya, have secured the inaugural $500,000 concessional loans from the UN Capital Development Fund's Food Systems Innovation Finance Facility, funded by Bayer Foundation. These deals aim to benefit 80,000 smallholder farmers by cutting post-harvest losses and enhancing market access amid shrinking aid budgets. Source: https://www.monitor.co.ug/uganda/news/national/from-farm-to-fortune-two-african-agri-firms-win-first-ever-un-bayer-loans-to-fight-hunger-5434566
Business 23 April 2026
Kenyan President William Ruto announced discussions among East African countries for a shared oil refinery at Tanzania's Tanga port, utilizing crude from Uganda, Kenya, DRC, and South Sudan. Aliko Dangote pledged to build a facility mirroring his massive Nigerian refinery if regional governments support the project. Source: https://www.monitor.co.ug/uganda/news/kenya-tanzania-and-neighbours-discuss-joint-refinery-as-dangote-offers-to-build-it-5434558
Business 23 April 2026
Business systems in Uganda emerge gradually from the persistent efforts of visionary leaders rather than being constructed overnight, challenging the common belief that they are the sole key to longevity. These systems reflect the founder's values and require hands-on, relentless leadership to develop organically. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/sustainable-business-who-builds-the-systems--5434324
Business 23 April 2026
President Yoweri Museveni has stressed the critical need for coordinated and strategic infrastructure investment across Africa to drive industrial transformation and unlock the continent's vast economic potential. Source: https://statehouse.go.ug/president-museveni-calls-for-strategic-infrastructure-investment-to-drive-africas-industrial-transformation
Politics 23 April 2026
President Museveni called on African leaders at the Africa We Build Summit 2026 in Nairobi to adopt a strategic, coordinated approach to infrastructure as part of a broader development framework to boost industrialization and economic potential. He emphasized linking transport, energy, and digital systems to productive sectors while addressing political instability and promoting value addition in raw materials. Source: https://www.monitor.co.ug/uganda/news/national/museveni-calls-for-strategic-infrastructure-investment-in-africa--5434492
economy 23 April 2026
Uganda's private sector employs 1.7 million workers in formal establishments, far surpassing the public sector's 503,738, according to the latest UBOS survey. The economy added 618,503 jobs between 2023 and 2025, with education leading as the top sector. Source: https://www.monitor.co.ug/uganda/news/national/more-ugandans-being-employed-by-private-companies-than-govt-report-5434414
Business 23 April 2026
Enterprise Uganda, partnering with UNIDO, has kicked off a specialized export readiness training for 100 experienced Ugandan entrepreneurs aiming to penetrate the European market. The program focuses on elevating businesses from local operations to global standards through practical skills in compliance, contracts, and branding. Source: https://www.monitor.co.ug/uganda/business/markets/enterprise-uganda-unido-unveil-export-readiness-training-for-entrepreneurs-5433650
Business 23 April 2026
Rising fuel prices in Nebbi District have driven up food costs, forcing produce dealers to raise prices or quit, while customers travel far for cheaper options. Transporters and boda-boda riders are hiking fares amid shortages linked to the US-Israel-Iran war. Source: https://www.monitor.co.ug/uganda/news/national/nebbi-produce-dealers-left-in-tatters-out-as-fuel-crisis-bites-5433624
Business 23 April 2026
Unit trusts from SBG Securities are making investing approachable for Ugandans by pooling funds from individuals, groups, and companies into professionally managed portfolios with flexible entry points and quick withdrawals. The firm has launched a new USD Fixed Income Fund to cater to dollar-based savings needs, starting from just $100. Source: https://www.monitor.co.ug/uganda/business/how-unit-trusts-are-opening-doors-for-ugandans-5433304
Business 22 April 2026
Justice Geoffrey Kiryabwire has warned four newly sworn-in Tax Appeals Tribunal members to shun the 'love of money' as a root of corruption, urging them to act like judicial officers with utmost integrity. TAT Chairperson Crystal Kabajwara emphasized their role in delivering impartial tax justice amid high-stakes disputes worth billions. Source: https://www.monitor.co.ug/uganda/business/finance/justice-warns-tax-tribunal-members-over-love-of-money--5433268
Business 22 April 2026
Major coffee companies have unveiled the Coffee Canopy Partnership, using satellite imagery and AI to monitor deforestation linked to coffee farming, starting with East African nations including Uganda. The initiative aims for global coverage by 2027 to comply with upcoming EU regulations and support smallholder farmers. Source: https://www.monitor.co.ug/uganda/news/national/coffee-companies-launch-satellite-based-program-to-track-deforestation-5433272
Sports 22 April 2026
Uganda produces world-class athletes like Joshua Cheptegei, yet the country reaps little financial benefit due to weak intellectual property enforcement in sports. Treating IP as a national priority could unlock lucrative opportunities from trademarks, patents, and athlete branding. Source: https://www.monitor.co.ug/uganda/oped/commentary/intellectual-property-running-on-empty-rights-5433258
auto 22 April 2026
A driver's speedometer needle sticks at 47km/h during acceleration but resumes below 30km/h, likely due to a failing stepper motor in the instrument cluster. Replacing the motor or the entire cluster is recommended to fix this ageing-related fault. Source: https://www.monitor.co.ug/uganda/business/auto/why-does-my-speedometer-stop-at-a-fixed-speed--5433016
Business 22 April 2026
Uganda's PAYE tax reaches up to 40%, the steepest in East Africa, outpacing Kenya's 35% and the 30% rates in Tanzania, Rwanda, and Burundi. Proposed changes for 2026/27 would raise the tax-free threshold to Shs335,000 while introducing new bands, offering limited relief amid rising living costs. Source: https://www.monitor.co.ug/uganda/business/finance/paye-the-tax-that-eats-into-your-salary-5432556
Business 22 April 2026
Provia Nangobi, a seasoned PR expert, expanded URSB's communications team, launched its first PR publication, and led a rebranding that transformed organizational culture before transitioning to a key role at Nira. Her career reflects resilience, strategic growth, and a passion for stakeholder management and environmental advocacy. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/provia-nangobi-the-pr-expert-who-transformed-communications-culture-at-ursb-5432112
education 22 April 2026
Jane Namagembe serves as Chief Operations Officer at Acorn’s Group of International Schools, overseeing four campuses across Kampala and Kigali with precision and technology. Her career, shaped by family influence and diverse experiences, highlights her commitment to excellence in education management. Source: https://www.monitor.co.ug/uganda/special-reports/namagembe-operations-brain-behind-four-school-campuses-5432140
Business 22 April 2026
57-year-old hotelier Leah Harriet Waibi converted her oversized six-bedroom residence in Jinja into a serene bed and breakfast during the Covid-19 lockdown, growing it into a 16-room retreat focused on relaxation. Drawing on three decades of hospitality experience, she prioritizes calm gardens, family-run operations, and local partnerships over typical hotel amenities. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/how-waibi-turned-family-home-into-a-thriving-bed-and-breakfast-facility-5432004
Business 21 April 2026
Starting May 1, China will eliminate tariffs on imports from 53 African nations with diplomatic relations, including Uganda, Kenya, and Tanzania, to boost exports and attract investments. The move aims to integrate Africa into global supply chains amid recovery from past U.S. tariffs. Source: https://www.monitor.co.ug/uganda/business/markets/china-opens-door-to-african-goods-with-zero-tariff-access-5431912
Politics 21 April 2026
Ugandan lawmakers passed the Value Added Tax (Amendment) Bill, 2026, after dropping a proposed 8% tax on imported software to protect the Digital Uganda Vision and business costs. The bill retains input tax relief for large hotel and tourism projects despite debates over investment thresholds. Source: https://observer.ug/news/parliament-drops-proposed-tax-on-imported-software-passes-vat-amendment-bill
Business 21 April 2026
The Bank of Uganda has kicked off a three-year Domestic Gold Purchase Programme, buying gold from licensed Ugandan miners to diversify foreign exchange reserves and formalize the gold sector. Payments in shillings based on global prices aim to inject liquidity while enhancing economic linkages and traceability. Source: https://www.monitor.co.ug/uganda/business/commodities/buy-local-hold-global-bou-s-three-year-gold-test-begins-5431888
Business 21 April 2026
Documents and sources indicate that a US firm involved in a significant minerals deal in the Democratic Republic of Congo overstated its mining background. Principals of Virtus claimed operation of a processing plant that stayed idle and unsold. Source: https://www.monitor.co.ug/uganda/news/us-firm-in-key-congo-minerals-deal-overstated-its-mining-experience-documents-and-sources-show-5431862
national 21 April 2026
Uganda's government has reassured citizens that fuel supplies are stable and sufficient, citing healthy stock levels and confirmed incoming shipments. Officials urged the public to avoid panic buying. Source: https://www.howwe.ug/news/national/42846/government-assures-country-of-stable-fuel-supply
national 21 April 2026
Ugandan Parliament has approved new tax measures, including a 30% levy on imported second-hand clothes and an increased VAT registration threshold to Shs300 million, aiming to boost government revenue and support local industries. Source: https://www.howwe.ug/news/national/42845/mivumba-hit-with-30-tax-as-parliament-raises-vat-threshold-to-shs300m
Business 21 April 2026
The Bank of Uganda has initiated a three-year pilot program to purchase domestically mined gold, adding it to the country's foreign exchange reserves to diversify holdings and formalize the gold sector. The controlled initiative aims to enhance reserve stability while promoting traceability and local value addition. Source: https://www.monitor.co.ug/uganda/news/national/bank-of-uganda-launches-three-year-pilot-to-buy-domestic-gold-for-reserves-5430992
Business 21 April 2026
Mobile money transactions in Uganda impose up to four times higher taxes than equivalent bank withdrawals, with a Shs1 million withdrawal costing users about Shs6,500 in tax versus Shs1,500 at banks. Critics argue these levies hinder financial inclusion and digital growth targets. Source: https://www.monitor.co.ug/uganda/business/prosper/is-mobile-money-tax-a-fair-game--5430724
Business 21 April 2026
Milton Steven Owor, Head of HR at NSSF, calls on Ugandan organizations to tap into the skills and energy of Gen Zs amid a shift to gig work and high youth unemployment. He stresses understanding generational differences and investing in training to boost productivity. Source: https://www.monitor.co.ug/uganda/news/national/how-human-resource-managers-can-leverage-on-gen-zs-5430876
Business 21 April 2026
Many Ugandans are switching mobile money lines or using alternatives to avoid automatic deductions from high-interest online loans, amid booming digital lending that reached Shs3.3 trillion in transactions last year. Defaults risk blacklisting via Credit Reference Bureaus, fueling concerns over financial stability. Source: https://www.monitor.co.ug/uganda/news/national/ugandans-play-cat-and-mouse-games-over-online-loans-5430772
Business 20 April 2026
Uganda's proposed Pay As You Earn (PAYE) changes will raise the tax-free threshold to Shs335,000 monthly and introduce a 25% band for incomes between Shs410,000 and Shs485,000, offering relief to low- and middle-income earners. Despite this, Uganda's tax rates remain higher and start earlier than in neighboring countries. Source: https://www.monitor.co.ug/uganda/business/prosper/how-pay-as-you-earn-changes-will-impact-you-5429728
Business 20 April 2026
Uganda's Building Control Act 2026 fails to specify what constitutes an unsafe building, leaving significant loopholes in construction regulations. This oversight raises concerns about public safety and enforcement of building standards. Source: https://www.monitor.co.ug/uganda/business/prosper/what-uganda-s-building-valuation-laws-overlook-5429812
Business 20 April 2026
Africa's largest airline, Ethiopian Airlines, has confirmed the purchase of six additional Boeing 787-9 Dreamliner jets to boost its long-haul network. The carrier is also advancing a massive new airport project aimed at becoming Africa's premier aviation hub. Source: https://www.monitor.co.ug/uganda/news/ethiopian-airlines-buying-six-more-boeing-787-9-airplanes-5430710
leadership 20 April 2026
The author argues that social capital surpasses all other assets in organizations, serving as the essential currency for effective leadership. This intangible resource fosters trust, collaboration, and long-term success. Source: https://www.monitor.co.ug/uganda/oped/commentary/social-capital-the-real-currency-of-leadership-5430534
Business 20 April 2026
Uganda's government is urged to approach a new trade agreement with caution, as entering it without essential reforms could lead to unbalanced partnerships that disadvantage the nation. Careful handling is essential to safeguard national interests. Source: https://www.monitor.co.ug/uganda/oped/editorial/govt-should-handle-new-trade-deal-carefully-5430412
Business 20 April 2026
The Uganda Investment Authority (UIA) and Bank of Uganda are actively promoting the Small Business Recovery Fund (SBRF) in Busia District to support pandemic-affected businesses. Despite awareness efforts, uptake in the region remains low. Source: https://ugandainvest.go.ug/uia-bank-of-uganda-urge-busia-entrepreneurs-to-tap-into-small-business-recovery-fund-2
Business 20 April 2026
Fish prices, especially for smoked tilapia and Nile perch, have surged due to depleting Lake Victoria stocks, export demand to Europe, and growing local consumption, making whole fish unaffordable for many households. Inflation hit 14.3 percent in February 2026, forcing families to rely on cheaper off-cuts amid supply shortages and illegal fishing. Source: https://www.monitor.co.ug/uganda/business/commodities/why-ugandans-are-priced-out-of-their-own-fish-5429770
Business 20 April 2026
The Uganda Revenue Authority has reopened applications for a six-month withholding tax exemption covering July to December 2026, reverting from the previous 12-month cycle to promote stricter compliance and accountability. Qualifying businesses must meet minimum tax payment thresholds and full compliance criteria to improve cash flow without source deductions. Source: https://www.monitor.co.ug/uganda/business/prosper/six-month-tax-exemption-what-businesses-don-t-know-5429708
Business 19 April 2026
Uganda's government assures stable and sufficient fuel supplies following the arrival of 119 million litres of petrol in Mombasa, despite Middle East conflicts posing risks to future shipments. Pump prices in Kampala show variations, with diesel from Shs5,049 to Shs5,350 per litre and petrol from Shs5,090 to Shs5,400 per litre. Source: https://www.monitor.co.ug/uganda/business/markets/fuel-stocks-stable-and-sufficient-5429498
tourism 19 April 2026
Uganda is partnering with Egypt to attract visitors from North Africa's leading tourism market by promoting complementary travel packages. A delegation of Egyptian influencers is touring Uganda to boost awareness of its unique attractions. Source: https://www.monitor.co.ug/uganda/news/national/uganda-eyes-north-africa-market-through-egypt-partnerships-5429394
news 19 April 2026
Traders in Namutumba Town Council accuse officials of bribery and uneven enforcement during a crackdown on illegal kiosks, with some structures spared while others were torn down. The Deputy RDC has promised an investigation amid threats of protests and tax boycotts. Source: https://www.monitor.co.ug/uganda/news/national/selective-enforcement-row-erupts-in-namutumba-kiosk-demolitions-5429316
Business 19 April 2026
The Private Sector Foundation Uganda (PSFU) has increased the INVITE funding limit to $40,000 from the prior Shs93 billion cap in its third call. This adjustment seeks to bolster support for local manufacturers. Source: https://www.monitor.co.ug/uganda/business/markets/psfu-raises-invite-funding-to-40-000-in-third-call-5428680
Business 18 April 2026
Uganda's government has proposed 50 tax changes across eight laws aiming to raise Shs4.8 trillion, driven by urgent revenue needs from heavy borrowing and shrinking aid, but tax experts highlight how these disproportionately hit low-income groups like boda boda riders and workers. While some reforms promote efficiency, critics argue the package prioritizes targets over fairness, potentially punishing the vulnerable. Source: https://www.monitor.co.ug/uganda/business/finance/fifty-ways-to-tax-the-poor-5428562
Business 18 April 2026
Uganda experienced a surge in foreign investment in government bonds in 2025, but global shocks like the US-Israel strike on Iran triggered rapid outflows, highlighting the fragility of such 'hot money' in emerging markets. Bank of Uganda Governor Michael Atingi-Ego describes this as the 'sophistication paradox,' where advanced regulations attract volatile funds due to shallow domestic markets. Source: https://www.monitor.co.ug/uganda/business/markets/of-frontier-markets-the-pain-of-offshore-money-5427902
Business 18 April 2026
The Uganda Bankers’ Association has cautioned that the draft Protection of Sovereignty Bill 2026 risks disrupting banking operations, delaying remittances, and repelling foreign capital essential for economic growth. They highlight concerns over broad definitions of foreign agents and low thresholds for funding approvals that could impact routine transactions. Source: https://www.monitor.co.ug/uganda/news/national/ugandan-bankers-sovereignty-bill-risks-credit-freeze-hurts-investment-5428260
Sports 18 April 2026
Colin Luswata has elevated his Kampala Golf Centre to a premium rooftop venue atop Capital Shoppers in Ntinda, featuring advanced simulators, a pro shop, and networking spaces. Over 200 elite guests will experience the soft launch this weekend, guided by professionals. Source: https://www.monitor.co.ug/uganda/sports/golf/luswata-raises-the-bar-with-rooftop-golf-revolution-5427992
Politics 18 April 2026
The Ministry of Finance has proposed fully automating Uganda's public procurement system to minimize human interference, reduce graft, and improve efficiency, with the plan now awaiting Cabinet approval. Officials also launched a new PPDA strategic plan and warned of prosecutions for procurement irregularities. Source: https://www.monitor.co.ug/uganda/news/national/govt-moves-to-fully-automate-procurement-to-cut-graft-delays-5427820
Business 17 April 2026
The National Planning Authority and Innovation Village Hub have introduced the UG Catalyst Summit to drive enterprise-led growth under NDP IV, focusing on key sectors like agro-industrialisation and tourism. This comes as small traders in Kampala face disruptions from KCCA's crackdown on informal vending. Source: https://www.monitor.co.ug/uganda/news/national/govt-moves-to-structure-enterprise-growth-amid-small-trader-struggles-5427774
Technology 17 April 2026
Ugandan filmmakers are taking initial steps to integrate AI into productions, enhancing efficiency and creativity, though concerns over job losses and deepfakes persist. Experts highlight both the potential for cost reductions and global competitiveness, as outlined in a UNCTAD report. Source: https://www.monitor.co.ug/uganda/news/insight/hold-on-to-your-seats-as-ai-changes-film-industry-5427262
farming 17 April 2026
High-quality onions from Kanaba Sub County in Kisoro draw traders from across Uganda and neighboring countries, boosting farmer incomes and creating jobs. The market has evolved from a small-scale venture into a thriving economic hub since 2005. Source: https://www.monitor.co.ug/uganda/magazines/farming/how-chyananke-onion-market-is-changing-lives-in-kisoro-5426862
Business 17 April 2026
Uganda has enlisted Citibank to arrange financing for its $3.19 billion Standard Gauge Railway linking Kampala to Malaba on the Kenyan border. The move follows delays in securing funds and comes amid discussions with the World Bank for support. Source: https://www.monitor.co.ug/uganda/news/national/uganda-appoints-citibank-to-mobilise-funds-for-3-19b-sgr-5427404
Business 17 April 2026
Martin Nsubuga has been reappointed as CEO of the Uganda Retirement Benefits Regulatory Authority (URBRA) for another five-year term, despite the previous board's refusal to renew his contract due to alleged poor performance. The decision follows a court ruling and presidential directive, with confirmation from Treasury officials. Source: https://www.monitor.co.ug/uganda/news/national/nsubuga-reappointed-to-lead-pension-sector-following-board-shakeup-5427252
Business 17 April 2026
Ugandan artistes, led by Uganda Musicians Association secretary Phina Mugerwa, have fiercely opposed a proposal by the Institute of Certified Public Accountants of Uganda (ICPA-U) to increase the withholding tax on public entertainers from 6% to 15%. ICPA-U argues the hike would formalize taxation in the growing entertainment sector and generate Shs10.5 billion annually, but performers call it crippling for their struggling industry. Source: https://www.monitor.co.ug/uganda/news/national/artistes-certified-public-accountants-clash-over-15-withholding-tax-proposal--5427086
Business 17 April 2026
Uganda has streamlined its business registration process, reducing the time required from days to just 45 minutes, according to Minister of State for Investment and Privatisation Evelyn Anite. This reform aims to boost the investment climate in the country. Source: https://www.monitor.co.ug/uganda/news/national/it-now-takes-45-minutes-to-register-business-in-uganda-5426830
Business 16 April 2026
What some call 'fake urgency' in corporate settings is actually essential for keeping complex operations moving forward, preventing delays that could derail entire processes. Effective CEOs master this tension to push teams toward timely decisions and outcomes. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/fake-urgency-in-corporate-and-why-it-matters-5425056
Business 16 April 2026
Uganda's proposed Excise Duty (Amendment) Bill 2026 seeks to increase petrol and diesel taxes by Shs200 per litre, prompting warnings from experts about rising pump prices, living costs, and economic strain. Critics highlight poor timing due to Middle East conflicts disrupting oil supplies. Source: https://www.monitor.co.ug/uganda/business/markets/pain-at-pump-how-a-shs200-fuel-tax-will-drive-up-costs-5425838
Business 16 April 2026
Ugandan banks are rapidly adopting artificial intelligence to gain deeper insights into customer needs and deliver faster, more personalized services. This shift is enhancing operational efficiency and customer satisfaction across the industry. Source: https://www.monitor.co.ug/uganda/business/technology/ai-is-taking-over-banking-5426110
Business 16 April 2026
Spot checks at 17 fuel stations in Kampala reveal diesel prices ranging from Shs5,049 to Shs5,350 per litre and petrol from Shs5,090 to Shs5,400 per litre. Officials assure steady supply as a major consignment moves from Mombasa amid Kenya's VAT cut on fuel. Source: https://www.monitor.co.ug/uganda/news/national/fuel-price-snapshot-kampala-pump-prices-vary-5426166
Business 16 April 2026
Absa Bank Uganda achieved a net profit of Shs222 billion in 2025, up from Shs178 billion the previous year, fueled by robust increases in customer deposits, lending, and net interest income. Executives credit balanced sector lending and economic expansion for the bank's solid performance. Source: https://www.monitor.co.ug/uganda/business/markets/how-absa-made-shs222-billion-in-net-profit-5425764
Business 16 April 2026
Uganda has unveiled the UG Catalyst Summit to harness small and medium enterprises (SMEs) in achieving tenfold economic expansion by 2040 under the Fourth National Development Plan. The event will connect businesses to markets, finance, and support in key sectors like agro-industrialisation and tourism. Source: https://www.monitor.co.ug/uganda/news/national/uganda-bets-on-smes-to-drive-tenfold-economic-growth-by-2040-5425756
Business 15 April 2026
East Africa remains Africa's top-performing region, with GDP growth projected at 6.4 percent for both 2025 and 2026, driven by infrastructure investments and service sector productivity. Standout economies include Ethiopia at 9.8 percent, Uganda at 7.8 percent, and Rwanda at 7.3 percent. Source: https://www.monitor.co.ug/uganda/business/markets/east-africa-tops-africa-growth-rankings-5425262
Business 15 April 2026
Isaac Laago, a driver-guide from Kibuku District, saved up Shs6m to buy his dream 1982 Mercedes-Benz 190E, only to spend another Shs6m on repairs before selling it at a loss. Despite the breakdowns and embarrassment, he cherishes the memories and lessons from his first car adventure. Source: https://www.monitor.co.ug/uganda/business/auto/my-shs6m-benz-drained-all-my-savings-5424994
Business 15 April 2026
New census data reveals that nearly half of urban households and over 70% in Kampala depend on charcoal for cooking due to its low cost, hindering the government's push for cleaner energy alternatives like electricity and LPG. Source: https://www.monitor.co.ug/uganda/business/markets/charcoal-transition-runs-into-an-affordability-trap-5424184
Business 15 April 2026
Global businesses thrive by prioritizing tax compliance, gaining lower defense costs, better reputation, and edge in competition. A solid plan involves grasping transaction taxes, meticulous records, deadlines, staff training, and compliant partners. Source: https://www.monitor.co.ug/uganda/oped/commentary/tax-compliance-plan-will-help-mitigate-tax-risk-5425218
Business 15 April 2026
Uganda's Stamp Duty (Amendment) Bill, 2026, introduces new stamp duties on vehicle registrations, but fails to account for existing duties on insurance policies, leading to double taxation for vehicle owners. Experts suggest exemptions or adjustments to prevent owners from paying twice for the same vehicle. Source: https://www.monitor.co.ug/uganda/business/finance/new-vehicle-fee-has-a-double-taxation-flaw-5425228
auto 15 April 2026
A whistling sound during gear shifts in a manual pickup truck could signal issues like a faulty clutch, gearbox problems, poor oil quality, or an engine vacuum leak. Drivers should investigate promptly to avoid major component failure. Source: https://www.monitor.co.ug/uganda/business/auto/should-i-be-worried-about-a-whistling-sound-as-i-shift-gears--5424974
auto 15 April 2026
Clutch plates in manual vehicles wear out faster in urban stop-and-go traffic due to repeated slipping and heat buildup, even without aggressive driving. Factors like riding the clutch, improper hill holding, and mechanical issues exacerbate the problem in places like Kampala. Source: https://www.monitor.co.ug/uganda/business/auto/why-does-my-clutch-wear-out-fast-in-city-traffic--5424962
auto 15 April 2026
Deep bass from certain songs can set off car alarms due to sensitive vibration sensors mistaking sound waves for impacts. Adjusting sensitivity or upgrading the alarm can prevent these false activations. Source: https://www.monitor.co.ug/uganda/business/auto/my-car-alarm-goes-off-whenever-certain-songs-play-5424944
auto 15 April 2026
Water droplets forming inside car windows, even on dry nights, are typically due to condensation from trapped moisture in the cabin. Common culprits include damp items, breathing, clogged filters, and poor ventilation, with simple steps like cleaning glass and using desiccants offering relief. Source: https://www.monitor.co.ug/uganda/business/auto/why-are-there-water-droplets-inside-my-car--5424924
Business 15 April 2026
The Institute of Certified Public Accountants of Uganda has called for the removal of clauses in the Income Tax (Amendment) Bill 2026 that impose taxes on disposing non-business assets and a 6% withholding tax on related purchases. The body presented various recommendations to Parliament's finance committee, opposing measures that burden citizens and hinder investment while supporting others to broaden the tax base. Source: https://www.parliament.go.ug/news/4395/accountants-body-opposes-taxation-disposal-non-business-assets
Business 15 April 2026
Uganda's telecom firms, led by MTN, have petitioned Parliament to cut the 0.5% tax on mobile money cash withdrawals from 0.5% to 0.25% with a Shs5,000 cap, citing its heavy impact on low-income users. They argue lower rates would boost transactions and government revenue while also calling for smartphone import duty relief. Source: https://www.parliament.go.ug/news/4396/telecoms-push-cuts-mobile-money-tax
Business 15 April 2026
Founder CEOs build businesses from the ground up with sharp intuition and bold vision, while manager CEOs excel at stabilizing and scaling established operations through systems and processes. The article explores their strengths, limitations, and complementary roles, drawing examples from global and Ugandan business leaders. Source: https://www.monitor.co.ug/uganda/magazines/jobs-and-career/founder-ceos-vs-manager-ceos-5425084
Business 15 April 2026
Uganda's insurance sector has grown its coverage from 405,837 to 506,119 people between Q2 2024 and Q2 2025, yet penetration stays at about 1%. Insurers are now prioritizing SMEs and the informal sector with affordable products to boost uptake. Source: https://www.monitor.co.ug/uganda/news/national/insurers-shift-focus-to-smes-as-coverage-hits-506-000-5424996
Business 15 April 2026
Uganda currently offers the cheapest petrol and diesel prices across East Africa, boosted by Kenya's recent fuel price hike where diesel increased by 40 shillings per litre. Source: https://www.monitor.co.ug/uganda/news/national/uganda-has-cheapest-pump-prices-in-east-africa-as-nairobi-hits-regional-high-5424282
Business 15 April 2026
A delegation of Chinese investors, led by Uganda's Ambassador to China, has visited the Wagagai Gold Mines in Busia, eastern Uganda to assess the progress of the significant mining and refining project. Source: https://ugandainvest.go.ug/chinese-investors-visit-ugandas-biggest-gold-mine
Business 15 April 2026
Uganda hosted an investment forum in Washington D.C., highlighting its economic ambitions and attractive investment climate to potential US partners. The event aimed to foster collaboration in key sectors to achieve the nation's ten-fold economic growth target. Source: https://ugandainvest.go.ug/uganda-united-states-investment-forum
Business 15 April 2026
Uganda is actively seeking investment from India through a business forum held across Ahmedabad, Mumbai, and Chennai. The event highlights opportunities in key sectors like agro-industrialization and technology. Source: https://ugandainvest.go.ug/uganda-india-business-forum-2026
Business 15 April 2026
Uganda is actively seeking foreign direct investment from Egypt through a dedicated forum in Cairo, highlighting the nation's economic potential under the theme 'Invest in Uganda'. Source: https://ugandainvest.go.ug/uganda-egypt-investment-forum-2026
Business 15 April 2026
A delegation of Chinese investors is visiting Uganda to explore investment opportunities, particularly in the coffee sector, aligning with the nation's ambitious economic growth targets. The visit aims to foster partnerships and drive trade between the two countries. Source: https://ugandainvest.go.ug/uganda-china-coffee-investment-destination-tour-2026
Business 15 April 2026
Uganda's updated Building Control Act 2026 introduces stricter penalties and faster enforcement to address long-standing compliance issues in construction, but its success hinges on realistic application amid market challenges. Experts call for regularization programs and capacity building to balance firmness with practicality. Source: https://www.monitor.co.ug/uganda/oped/commentary/building-control-act-2026-is-the-right-move-but-it-must-be-grounded-in-reality-5424278
Politics 15 April 2026
The Financial Intelligence Authority (FIA) deputy executive director states that frozen NGO bank accounts will be released once they submit required documents to clear suspicions of illicit funding ahead of the 2026 elections. Affected organizations like Chapter Four and the African Institute for Investigative Journalism are preparing to comply, with FIA assuring a swift three-day review process. Source: https://www.monitor.co.ug/uganda/news/national/financial-intelligence-authority-boss-speaks-out-on-closed-ngos-5424270
Business 15 April 2026
The Kampala City Traders Association (KACITA) and Uganda Manufacturers Association (UMA) have presented memoranda to Parliament's Finance Committee, warning that the proposed tax amendments for 2026/27 will raise business costs, squeeze cash flows, and drive firms informal. They call for revisions including higher thresholds, lower rates, and easing appeal barriers to support recovery and competitiveness. Source: https://www.parliament.go.ug/news/4394/manufacturers-traders-ask-govt-stay-tax-increases
Business 15 April 2026
The Pharmaceutical Society of Uganda's (PSU) attempt to enforce a Shs 2 million monthly minimum fee for pharmacists has been ruled illegal by the Solicitor General's office, sparking debate on professional bodies' authority. This decision underscores limits on wage-setting powers outside parliamentary legislation. Source: https://observer.ug/news/pharmacists-minimum-wage-plan-hits-legal-wall
Business 14 April 2026
A massive fuel shipment of 119 million litres is set to dock at Mombasa Port on Wednesday, coordinated by UNOC and the Energy Ministry, as petrol and diesel prices in Uganda climb sharply to averages of Shs5,400 and Shs5,350 per litre respectively. Officials warn oil firms against exploiting the situation driven by global tensions. Source: https://www.monitor.co.ug/uganda/news/national/govt-says-119m-litres-fuel-vessel-docks-wednesday-as-pump-prices-surge-5423288
construction 14 April 2026
With the Building Control Act 2026 introducing stricter regulations and penalties via the National Building Review Board, builders must understand the benefits of ready-mix concrete over on-site batching for quality and efficiency. An expert highlights how ready-mix ensures consistent quality, reduces waste, and boosts durability amid rising construction demands. Source: https://www.monitor.co.ug/uganda/oped/commentary/ready-mix-vs-on-site-batching-what-builders-must-know-under-new-law--5423264
Business 14 April 2026
Vendors along the Kampala-Gulu highway in Luweero and Nakasongola districts face eviction under a government trade order, sparking protests from traders who fear losing their main customers—highway travelers. Over 2,000 sellers of roasted foods, fruits, and drinks plead for alternatives as kiosks are demolished. Source: https://www.monitor.co.ug/uganda/news/national/traders-protest-travellers-to-starve-as-kampala-gulu-highway-roadside-vendors-face-eviction-5422994
Business 14 April 2026
In Uganda's vibrant culture of hospitality and entrepreneurship, personal branding thrives on authenticity rather than manufactured images, with 80% of global recruiters valuing it highly. Root your brand in core values, consistency, and meaningful relationships to create a lasting legacy. Source: https://www.monitor.co.ug/uganda/oped/letters/craft-your-authentic-ugandan-personal-brand-5422894
Business 13 April 2026
Uganda is hosting a delegation of Chinese investors through the Uganda–China Coffee Investment and Destination Tour from April 10 to 23, 2026, to boost trade, investment, and tourism. The group will visit industrial parks, coffee facilities, and top tourist sites to explore opportunities. Source: https://www.monitor.co.ug/uganda/news/national/uganda-hosts-chinese-investors-in-bid-to-strengthen-trade-promote-tourism-5422728
Business 13 April 2026
Uganda's 2026/27 tax amendments aim to raise Shs4.8 trillion amid rising public debt, but tax policy analyst Aloysious Kittengo cautions that several measures unfairly burden households, small businesses, and key sectors without broadening the tax base effectively. Source: https://www.monitor.co.ug/uganda/business/prosper/-tax-measures-will-squeeze-taxpayers--5421654
Business 13 April 2026
The Ugandan government has proposed a 30 percent environmental levy on imported used clothes to reduce environmental waste and boost local textile production, potentially raising the total tax burden to 93 percent. Critics warn of higher prices for consumers, smuggling risks, and challenges for low-income households reliant on affordable mivumba. Source: https://www.monitor.co.ug/uganda/business/prosper/new-tax-on-used-clothes-hits-importers-5421752
Business 13 April 2026
Starbucks boasts that 99 percent of its coffee beans come from ethical sources, but the real profits largely bypass farmers and suppliers. A closer look reveals how the coffee giant channels gains to its corporate core. Source: https://www.monitor.co.ug/uganda/business/prosper/who-really-profits-from-your-starbucks-coffee--5421572
Business 13 April 2026
Uganda's fintech sector thrives on mobile money and hybrid models amid low internet penetration of 34.4%, outpacing formal bank accounts with 34.6 million users by 2025. Investors overlook the boom in offline solutions like USSD, agent networks, and platforms serving rural areas. Source: https://www.monitor.co.ug/uganda/business/prosper/what-investors-are-missing-in-the-offline-fintech-boom-5421656
Business 13 April 2026
Modern economies require far less oil per unit of GDP growth compared to the 1970s, making current $100 per barrel prices less damaging despite Middle East tensions. Investors can find opportunities in diversified portfolios and undervalued assets like Asian equities. Source: https://www.monitor.co.ug/uganda/oped/commentary/why-100-oil-isn-t-economy-killer-5421778
Business 13 April 2026
The recent WTO Ministerial Conference in Yaoundé ended in stalemate on key African priorities like agriculture and development, signaling the need for Africa to evolve its trade approach. While staying engaged in the WTO is crucial, the continent should prioritize regional integration via the AfCFTA and other platforms for real progress. Source: https://www.monitor.co.ug/uganda/oped/commentary/what-should-africa-s-trade-strategy-be--5421736
Business 12 April 2026
The Ugandan shilling traded between 3,690 and 3,698 per USD as of April 11, 2026, after recent gains faded due to cautious global risk sentiment and falling Treasury bill yields. Experts highlight vulnerabilities from oil price swings and a shaky US-Iran ceasefire. Source: https://www.monitor.co.ug/uganda/news/national/fragile-ceasefire-falling-yields-leave-uganda-s-shilling-range-bound-5421532
Business 12 April 2026
The Uganda Tea Association is pressing the government to expedite Shs152 billion in working capital support to bolster the tea industry's recovery from global shocks that slashed prices to $0.50 per kg and cut production by a third. Officials warn delays could jeopardize progress, while highlighting partnerships for better financing and a shift to direct exports. Source: https://www.monitor.co.ug/uganda/news/national/tea-sector-seeks-shs152b-bailout-to-sustain-recovery-5421462
Business 12 April 2026
Uganda's electricity exports rose 34 percent to $72 million (Shs267 billion) from March 2025 to February 2026, fueled by surplus energy sold to Kenya, Rwanda, Tanzania, and DR Congo. The Karuma Hydropower dam has boosted capacity to 2,048 MW, positioning the country for regional power trading. Source: https://www.monitor.co.ug/uganda/business/markets/electricity-exports-rise-34-percent-to-shs267b-5421452
Business 12 April 2026
Uganda's national budget follows a continuous annual cycle managed by the Finance Ministry under President Museveni's oversight, starting post-June reading and shaping up by September through a participatory, programme-based approach. For the 2026/27 financial year, the government targets Shs84.2 trillion, with Shs44.5 trillion from domestic sources, emphasizing accountability in allocations amid concerns over underfunded key sectors. Source: https://www.monitor.co.ug/uganda/business/finance/how-uganda-s-national-budget-comes-to-life-5421440
Business 12 April 2026
Oil prices jumped sharply after the US announced a blockade on Iranian shipping through the Strait of Hormuz following collapsed peace talks, while the dollar firmed and Asian stocks declined. Investors fear prolonged high energy costs could fuel inflation, prompting expectations of central bank rate hikes. Source: https://www.monitor.co.ug/uganda/news/world/oil-leaps-dollar-firm-and-stocks-wobble-as-us-iran-peace-talks-collapse-5421436
Business 12 April 2026
Nebbi Municipality's installation of 190 solar-powered streetlights on 13 major streets has improved security and extended business hours, leading to higher sales for vendors. Local traders report significant gains despite some concerns over potential social issues. Source: https://www.monitor.co.ug/uganda/news/national/solar-streetlights-boost-night-businesses-in-nebbi-5421044
agriculture 12 April 2026
The Ugandan government insists that all agricultural products for export must obtain international certification to access global markets effectively. Officials launched a Netherlands-based certification body to aid exporters targeting Europe and America. Source: https://www.monitor.co.ug/uganda/news/national/all-agricultural-products-for-exports-must-meet-international-certification-says-govt-5420942
Politics 12 April 2026
The Ugandan government will allocate funding to its foreign missions based on their success in driving economic diplomacy, focusing on tangible outcomes like increased exports, tourism, and investments rather than mere protocol duties. This shift was announced during a review retreat for missions in Europe and the Americas. Source: https://www.monitor.co.ug/uganda/news/national/govt-to-fund-missions-according-to-performance-5420724
Business 12 April 2026
Uganda's central bank has released draft guidelines to strengthen corporate governance in the rapidly expanding fintech sector, where mobile money handles trillions in transactions. The rules aim to replace informal startup practices with robust boards and risk management, amid concerns over outdated structures. Source: https://www.monitor.co.ug/uganda/business/technology/local-fintech-sector-stares-at-its-governance-moment-5420712
agriculture 11 April 2026
Uganda Tea Association leaders are urging government action on working capital, logistics, and mechanization to boost tea production after years of market shocks reduced output from 60 to 40 million kilograms annually. Officials highlight a Shs310 billion intervention plan, including fertilizer subsidies and processor bailouts, to enhance quality and market access. Source: https://www.monitor.co.ug/uganda/news/national/farmers-push-for-reforms-to-boost-tea-production-5419972
Business 10 April 2026
In Nansana, Wakiso District, the Tu Es Belle Foundation is empowering young people, especially women, by combining spiritual guidance with business training, startup capital, and job opportunities to overcome economic challenges. Beneficiaries like Flavia Nakayiki and Charity Nshabohurirra have turned unemployment into sustainable enterprises supporting their families. Source: https://www.monitor.co.ug/uganda/news/national/how-local-foundation-has-assisted-residents-turn-faith-into-enterprise-5419442
world 10 April 2026
Ship movements through the Strait of Hormuz have barely picked up after the U.S.-Iran ceasefire, with only 15 vessels passing since April 8 according to Kpler data. Iran is directing ships through its waters near Larak Island amid ongoing risks and toll rumors. Source: https://www.monitor.co.ug/uganda/news/world/hormuz-remains-at-near-standstill-after-ceasefire-5419796
Business 10 April 2026
Street vendor evictions in Nebbi town by municipal authorities have driven up food prices, hitting low-income residents hard as affordable options vanish. Vendors report sharp drops in sales while pushing for alternative trading spots amid infrastructure upgrades. Source: https://observer.ug/news/food-prices-rise-in-nebbi-after-vendor-evictions
Business 10 April 2026
The East African Community's global merchandise trade reached $42.4 billion in the final quarter of 2025, fueled by robust export growth outpacing imports and narrowing the trade deficit significantly. Regional integration advanced with strong intra-EAC and intra-African trade expansions. Source: https://www.monitor.co.ug/uganda/news/national/eac-global-merchandise-trade-rises-5419114
Technology 10 April 2026
TVET Council Chairperson Allen Kagina has urged the government and private sector to collaborate in supporting Ugandan youth innovators to turn their concepts into marketable products, reducing dependency. She highlighted initiatives like MTN's partnerships and expansions of ICT hubs nationwide during a visit to Nakawa's National ICT Hub. Source: https://www.monitor.co.ug/uganda/news/national/kagina-young-innovators-need-support-to-move-ideas-to-market-5418820
Business 9 April 2026
Uganda's Energy Minister Ruth Nankabirwa has cautioned oil marketing companies against raising pump prices without justification, emphasizing government control over fuel imports via UNOC. She highlighted that global supply diversification protects against price volatility from Middle East tensions. Source: https://www.monitor.co.ug/uganda/news/national/govt-warns-fuel-firms-against-hiking-prices-5418692
Business 9 April 2026
Bank of Uganda Governor Dr Michael Atingi-Ego has highlighted that more than Shs2 trillion is stuck in 623 unresolved banking cases, describing it as dead capital hindering economic growth. Chief Justice Flavian Zeija noted that pending cases in the Commercial Division alone total Shs3.5 trillion, urging a shift to alternative dispute resolution (ADR) to unlock this frozen capital. Source: https://www.monitor.co.ug/uganda/news/national/shs2-trillion-locked-in-unresolved-disputes-bou-5418688
Business 9 April 2026
Uganda's total public debt has reached Shs130.8 trillion by the end of 2025, with domestic borrowing slightly edging out external debt at Shs66 trillion and Shs64 trillion respectively. The debt-to-GDP ratio has climbed to 52 percent, exceeding the IMF's 50 percent threshold, while debt servicing is projected to consume nearly half of government revenues. Source: https://www.monitor.co.ug/uganda/business/finance/uganda-s-public-debt-climbs-to-shs130-trillion--5418636
Business 9 April 2026
Uganda's High Court has ruled in favor of Absa Bank Uganda, formerly Barclays, dismissing liability for an unauthorized Shs 8.5 million withdrawal from customer Eron Kabachwamba's account due to her failure to secure her card and PIN. The decision overturned a lower court's order for the bank to refund the amount. Source: https://observer.ug/news/court-faults-customer-clears-absa-in-shs-8m-fraud-case
Business 9 April 2026
Voluntary savings at Uganda's National Social Security Fund (NSSF) have skyrocketed to Shs114 billion, exceeding initial expectations. Officials were surprised by the strong public response despite concerns over mandatory contributions. Source: https://www.monitor.co.ug/uganda/news/national/nssf-voluntary-savings-surge-to-shs114-billion-5418480
Politics 9 April 2026
Uganda's MPs have rallied behind the Uganda National Bureau of Standards (UNBS) to retain its Non-Tax Revenue, arguing that current funding shortages are hampering efforts to curb substandard products. They cite the National Drugs Authority's success as a model for improved efficiency. Source: https://www.parliament.go.ug/index.php/news/4386/mps-side-unbs-retain-non-tax-revenue
Business 9 April 2026
Collective investment schemes in Uganda have amassed Shs5.6 trillion in savings by December 2025, with over 180,000 Ugandans participating amid booming capital market interest. Public offers have raised Shs2.3 trillion, pushing domestic market capitalisation to Shs15.9 trillion. Source: https://www.monitor.co.ug/uganda/business/finance/collective-investment-schemes-amass-shs5-6-trillion-5417824
Business 9 April 2026
As petrol prices approach Shs5,400 per litre in Uganda, drivers can cut consumption significantly through smooth driving, regular maintenance, and smart habits. Simple changes like steady speeds and proper tyre pressure are helping motorists save thousands weekly. Source: https://www.monitor.co.ug/uganda/business/auto/how-to-make-every-litre-of-your-fuel-last-5417158
Business 8 April 2026
Global oil prices dropped sharply below $100 per barrel following U.S. President Donald Trump's announcement of a two-week ceasefire with Iran, contingent on reopening the Strait of Hormuz. The decline was amplified by a larger-than-expected rise in U.S. crude inventories. Source: https://www.monitor.co.ug/uganda/news/world/oil-tumbles-below-100-after-trump-announces-two-week-ceasefire-5417162
Business 7 April 2026
The sudden closure of Capital Chicken's Kampala offices in late 2023 revealed a massive Ponzi scheme that duped thousands of Ugandans with false promises of high returns from chicken farming investments. Directors allegedly vanished with billions, leaving investors in ruins and sparking outrage over regulatory failures. Source: https://www.monitor.co.ug/uganda/business/finance/how-chicken-became-uganda-s-most-lucrative-lie-5416212
Business 7 April 2026
The Bank of Uganda has signed agreements with two companies to supply gold, amid booming exports that reached $5.8 billion (Shs21.1 trillion) last year, marking a 44% increase. Source: https://www.monitor.co.ug/uganda/business/markets/bou-signs-contracts-with-two-companies-to-supply-gold-5416198
Business 7 April 2026
Brazil has added Chinese electric vehicle giant BYD to a 'dirty list' of companies accused of subjecting workers to degrading, slavery-like conditions. The move highlights ongoing labor concerns in the country's manufacturing sector. Source: https://www.monitor.co.ug/uganda/news/brazil-puts-china-s-byd-on-list-of-shame-for-workers-past-slavery-like-conditions-5416160
Business 7 April 2026
West Nile has transformed over the past two decades from a remote transit point into Uganda's key business hub, fueled by strategic borders, infrastructure upgrades, and vibrant markets serving South Sudan, DRC, and CAR. Improved roads, power, and planned projects position it for $2.8 billion in investments and 150,000 jobs. Source: https://www.monitor.co.ug/uganda/news/national/west-nile-from-frontier-outpost-to-uganda-s-trade-powerhouse-5415604
Technology 7 April 2026
Many Ugandan organizations register for data protection compliance but neglect actual implementation until renewal, treating it as a checklist rather than an ongoing commitment. Experts urge building a robust data governance culture through mapping, accountability, safeguards, and training to protect data effectively. Source: https://www.monitor.co.ug/uganda/business/technology/data-protection-prepared-on-paper-exposed-in-practice-5415384
Business 7 April 2026
Quality assurance goes beyond final product checks, embedding consistency into processes, training, and supplier choices to build trust and efficiency. Adopting systems like ISO certification helps businesses of all sizes reduce errors, boost competitiveness, and ensure sustainable growth. Source: https://www.monitor.co.ug/uganda/business/prosper/businesses-that-win-build-systems-5415208
Business 6 April 2026
21-year-old Bashil Hamis, a Senior Six graduate awaiting university, drives for six ride-hailing apps in Uganda, earning up to Shs450,000 on peak days after expenses. His story underscores the booming gig economy amid rising app adoption. Source: https://www.monitor.co.ug/uganda/business/prosper/wheels-of-ambition-a-student-s-story-5414442
Business 6 April 2026
Uganda is issuing its first sovereign Sukuk bond worth €405.5 million (Shs1.75 trillion) to fund 15% of Phase 1 of the Standard Gauge Railway from Malaba to Kampala. This Shariah-compliant instrument diversifies funding amid rising public debt and taps into the global Islamic finance market. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-rolls-the-dice-on-first-sukuk-bond-5414422
Business 6 April 2026
Uganda's business registrations surged 19% in 2024/25, but many entrepreneurs face steep compliance costs and obligations after formalising. Experts advise weighing benefits like credibility and contracts against hidden expenses before incorporating. Source: https://www.monitor.co.ug/uganda/business/prosper/is-it-time-to-formalise-your-business--5414390
Business 6 April 2026
Uganda's government proposes reducing the maximum age for imported vehicles from 15 to 13 years and adding a 50% environmental levy on cars older than 13, aiming to cut pollution but likely raising used car prices significantly. Dealers and analysts warn of affordability issues for low-income buyers, while environmentalists praise the move for cleaner air. Source: https://www.monitor.co.ug/uganda/business/prosper/bumpy-ride-for-motorists-with-new-tax-on-used-cars-5414316
news 6 April 2026
Jinja City authorities have demolished illegal kiosks and structures to restore order in the commercial sector, drawing praise from some for promoting fairness and investment while others decry the lack of relocation options and prior notice. The operation targets congestion in key areas like Walukuba–Kyabazinga Lane and major markets. Source: https://www.monitor.co.ug/uganda/news/national/mixed-reactions-as-jinja-enforces-trade-order-5415174
Business 6 April 2026
With formal jobs scarce and wages often insufficient, many Ugandans are launching side ventures like baking, tutoring, and online sales to build financial security. Experts stress the need for market research, cost tracking, and disciplined management to turn these hustles into sustainable income sources. Source: https://www.monitor.co.ug/uganda/business/prosper/build-other-income-streams-beyond-your-job-5414312
Business 6 April 2026
The African Development Bank has introduced a comprehensive five-pillar plan aimed at increasing domestic revenue across Africa through targeted quick wins and long-term reforms. Key actions include broadening taxpayer registration and improving tax collection efficiency. Source: https://www.monitor.co.ug/uganda/news/national/afdb-unveils-5-pillar-plan-to-boost-africa-s-domestic-revenue-5415074
Business 6 April 2026
Vitol Bahrain, the exclusive petroleum supplier for Uganda National Oil Company, is grappling with severe supply chain issues due to Iran's restrictions on the Strait of Hormuz amid escalating US-Israel conflict. Executives are visiting Uganda to reassure officials on continued fuel deliveries despite skyrocketing costs and risks. Source: https://www.monitor.co.ug/uganda/news/national/ugandan-bulk-oil-supplier-suffers-major-setbacks-in-iran-war-5414906
Business 6 April 2026
President Museveni has renewed the contract of Uganda Investment Authority Executive Director Robert Mukiza for another five years, praising his role in stabilizing the agency and boosting investor confidence. Under Mukiza's leadership, Uganda earned top investment destination honors and saw FDI inflows rise significantly. Source: https://www.monitor.co.ug/uganda/news/national/why-museveni-renewed-contract-of-uia-executive-director-mukiza-5414950
Business 6 April 2026
Uganda made its debut at the Melbourne International Coffee Expo 2026 to promote value addition in its coffee sector and attract investments from Australia. As a top global producer and Africa's second-largest exporter, the country aims to shift from raw bean exports to capturing profits in roasting, branding, and packaging. Source: https://www.monitor.co.ug/uganda/news/national/uganda-eyes-australia-coffee-market-with-value-addition-strategy-5414768
Business 5 April 2026
Uganda's stock market is rebounding with higher turnover and volumes in February, driven by key players like MTN Uganda and Stanbic Bank Uganda, as declining government bond yields shift investor focus from fixed income to equities. Source: https://www.monitor.co.ug/uganda/business/finance/ugandan-stocks-gain-as-bond-market-cools-5414262
Business 5 April 2026
Uganda's Fourth National Development Plan (NDP IV) sets high targets for private sector growth to drive economic transformation. Officials aim to boost investment, job creation, and key industries through ambitious strategies. Source: https://www.monitor.co.ug/uganda/business/finance/government-sets-ambitious-private-sector-targets-under-ndp-iv-5414250
Business 5 April 2026
New tax proposals to raise excise duties on cement and paints are set to increase construction costs, ultimately pushing up housing prices across Uganda. Industry experts warn that this could exacerbate the ongoing housing affordability crisis. Source: https://www.monitor.co.ug/uganda/business/finance/-new-tax-proposals-will-push-up-housing-costs-5411544
Business 5 April 2026
Oil prices rose sharply on Monday due to ongoing supply fears from the US-Israeli war with Iran, which has closed the Strait of Hormuz and disrupted shipping. Brent crude climbed 1.6% to $110.74 per barrel, while WTI gained 0.6% to $112.25. Source: https://www.monitor.co.ug/uganda/news/world/oil-prices-rise-as-us-israeli-war-with-iran-continues-to-disrupt-supply-5414206
Business 4 April 2026
The third installment of the book 'Reinventing Uganda: Political...' explores the remarkable economic ascent of the Somali community in Uganda following Idi Amin's ouster in 1979, detailing their strategies and contributions to the nation's commerce. Source: https://www.monitor.co.ug/uganda/magazines/people-power/revisiting-the-economic-rise-of-somalis-after-fall-of-amin-5412908
Business 4 April 2026
Fuel prices across East Africa vary significantly, with Nairobi offering the lowest rates while Kigali remains the most expensive, even as Middle East tensions push global oil to $120 per barrel. Uganda maintains ample fuel stocks to meet short-term demands, according to government assurances. Source: https://www.monitor.co.ug/uganda/news/national/east-africa-s-fuel-prices-a-tale-of-contrasts-5413428
Business 4 April 2026
President Museveni has reappointed Robert Mukiza as Director General of the Uganda Investment Authority for another five years, praising his role in boosting stability and investor trust. He urged the agency to prioritize industrial parks and land acquisition to drive Uganda towards a $500 billion economy. Source: https://www.monitor.co.ug/uganda/news/national/museveni-reappoints-mukiza-uia-boss-5413238
Business 4 April 2026
Uganda's transition to digital motor third-party insurance aims to reduce fraud and improve verification, but faces hurdles like uneven adoption, agent malpractices, and poor awareness. With over two million vehicles on roads and only 577,000 insured in 2025, reforms seek higher coverage limits and better enforcement to boost compliance. Source: https://www.monitor.co.ug/uganda/business/insurance/is-digital-motor-insurance-in-fast-lane-or-dead-end--5412944
agriculture 3 April 2026
Shea butter and coffee dominated the spotlight at the five-day agriculture exhibition in Gulu, blending traditional practices with cutting-edge research to boost northern Uganda's farming economy. Experts highlighted innovations in processing, cultivation, and value addition to help farmers achieve higher incomes and sustainability. Source: https://www.monitor.co.ug/uganda/magazines/farming/shea-butter-coffee-take-centre-stage-at-agriculture-exhibition-5412894
Business 3 April 2026
Achieving real wealth goes beyond accumulating money; it involves gaining time freedom by building systems that minimize trading hours for income. Discipline, skills, assets, and smart habits form the path to lasting financial independence. Source: https://www.monitor.co.ug/uganda/oped/commentary/wealth-building-is-a-long-journey-not-a-sprint-5412194
Business 3 April 2026
Uganda's Finance Minister Matia Kasaija has named four experienced professionals, led by former EAC Customs Director Kenneth Bagamuhunda, to the Tax Appeals Tribunal. Stakeholders expect the move to improve dispute resolutions and boost trust among businesses and investors. Source: https://www.monitor.co.ug/uganda/news/national/former-eac-director-general-among-four-new-members-appointed-to-tax-appeals-tribunal--5412784
Business 3 April 2026
Ugandan business leaders are calling on the government to craft the FY 2026/27 budget around the needs of everyday citizens, emphasizing support for healthcare, risk protection, and small businesses amid rising taxes. They highlight ongoing economic pressures and warn against measures that could deepen hardships without adequate safeguards. Source: https://www.monitor.co.ug/uganda/news/national/business-firms-ask-govt-to-focus-budget-on-ordinary-citizens-5412706
Business 3 April 2026
The East African Crude Oil Pipeline (EACOP) represents a major step toward regional self-reliance, with advanced technology and local workforce involvement driving long-term economic growth. Its true success will be measured in the coming decades through enhanced skills, infrastructure, and connectivity across Uganda and East Africa. Source: https://www.monitor.co.ug/uganda/oped/commentary/eacop-s-true-judgment-will-come-10-to-20-years-from-now-5412188
Politics 3 April 2026
KCCA Executive Director Sharifah Buzeki has assured Parliament that there are no plans to demolish the 55-year-old Owino Market, focusing instead on infrastructure upgrades. The commitment came during a COSASE committee session addressing trader anxieties sparked by media reports and land ownership issues. Source: https://www.parliament.go.ug/index.php/news/4325/kcca-will-not-demolish-owino-market
Business 3 April 2026
With increasing workforce participation among Ugandan parents, demand for daycare services is surging, presenting business opportunities but also significant safety and regulatory hurdles. Experts outline essential steps including licensing, secure facilities, trained staff, and adherence to child safety standards. Source: https://www.monitor.co.ug/uganda/news/national/what-it-takes-to-start-a-daycare-centre-in-uganda-5412026
Business 2 April 2026
Uganda's bond market is pushing back against expectations of lower interest rates, introducing uncertainty and contention into the country's rate cycle. Various market forces are increasingly influencing the trajectory of monetary policy. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-s-bond-market-pushes-back-on-lower-rates-5411546
Business 2 April 2026
The World Bank has approved Shs2 trillion to support development in 10 cities across Uganda. The initiative is expected to generate at least 40,000 direct jobs, with 20,000 being permanent positions. Source: https://www.monitor.co.ug/uganda/business/finance/world-bank-approves-shs2-trillion-for-10-cities-5411526
Business 2 April 2026
Motorists from Kenya's Busia County are crossing into Uganda to refuel at lower prices, as Kenyan pump costs climb to around KShs 171-200 per litre. Local Ugandan riders worry about increased competition and fuel affordability challenges. Source: https://observer.ug/news/kenyan-motorists-dash-to-uganda-for-cheaper-fuel
Politics 2 April 2026
Uganda's MPs have rallied behind the Uganda National Bureau of Standards (UNBS) to retain its Non-Tax Revenue, arguing that current funding shortages are hampering efforts to combat substandard products. They point to the National Drugs Authority's success as a model for improved efficiency. Source: https://www.parliament.go.ug/news/4386/mps-side-unbs-retain-non-tax-revenue
Business 2 April 2026
Uganda's sugar industry stakeholders have convinced the government to lift its ban on roadside sugarcane weighbridges, opting instead for strict regulations to prevent theft and ensure fair trade. The decision came after a key meeting led by the State Minister for Trade, addressing concerns from farmers in Busoga. Source: https://www.monitor.co.ug/uganda/news/national/govt-rescinds-decision-to-ban-roadside-sugarcane-weighbridges-5411618
education 2 April 2026
Gloria Sebikari highlights the strategic value of learning French for Ugandans, especially in the energy sector with partners like TotalEnergies, and shares her personal journey earning a DELF diploma. She emphasizes how the language fosters cultural connections and economic opportunities across Africa's Francophone nations. Source: https://www.monitor.co.ug/uganda/oped/letters/why-learning-french-matters-for-uganda-5411574
Business 2 April 2026
As Ugandan listed firms release 2025 financial results, experts highlight the critical need for robust sustainability reports beyond basic CSR efforts to meet evolving investor demands focused on ESG factors. Aligning with global standards like ISSB is essential to address material risks and attract future capital. Source: https://www.monitor.co.ug/uganda/oped/commentary/why-companies-must-produce-sustainability-reports-5411374
Business 2 April 2026
Uganda highlighted its premium coffee, tea, and dairy products at the HOTELEX Shanghai 2026 expo, organized by its Beijing embassy, to connect exporters with Chinese buyers ahead of China's zero-tariff policy on African exports starting in May. Source: https://www.monitor.co.ug/uganda/news/national/uganda-showcases-premium-coffee-tea-and-dairy-products-at-shanghai-expo-5411334
Business 2 April 2026
The Uganda Investment Authority board has decided to replace Director General Robert Mukiza with his deputy, Martin Muhangi, following a dismal performance review scoring him at 37 percent over five years. Mukiza's contract expires this month without renewal application amid governance issues and past corruption probes. Source: https://observer.ug/news/uia-board-moves-to-replace-mukiza-as-director-general
Business 2 April 2026
Ugandan local authorities are demolishing makeshift roadside stalls and containers across cities and towns to enforce trade order, following a Ministry of Local Government directive. Vendors report devastating losses and plead for relocation options amid rising rents. Source: https://www.monitor.co.ug/uganda/special-reports/govt-razes-livelihoods-as-roadside-kiosks-containers-are-removed-5410956
Business 1 April 2026
Uganda Airlines faces reputational damage from delays and backlash, compounded by geopolitical tensions like the Israel-Iran conflict raising fuel costs and disrupting routes. Drawing lessons from Ethiopian Airlines, the carrier can build resilience through commercial financing, focused routes, local training, and transparent governance. Source: https://www.monitor.co.ug/uganda/oped/commentary/how-uganda-airlines-can-withstand-global-air-travel-turbulence-5410746
transport 1 April 2026
Broken-down trucks parked unsafely on major Ugandan highways are causing fatal accidents, with recent crashes claiming multiple lives. Experts urge better maintenance, strict enforcement of removal laws, safe parking zones, and infrastructure upgrades to prevent further tragedies. Source: https://www.monitor.co.ug/uganda/business/auto/why-uganda-must-act-on-deadly-highway-breakdowns-5410488
auto 1 April 2026
Joseph Okidi, a Kampala printing business owner, shares his rookie driving mishaps with his first car, a Shs11m Toyota Spacio, including accidentally knocking a soldier off a boda boda. Despite dropping out of driving school, he learned caution on chaotic roads, earning the nickname 'Musomesa' for his rule-following style. Source: https://www.monitor.co.ug/uganda/business/auto/i-rammed-into-a-soldier-on-my-first-drive-5410438
auto 1 April 2026
The passenger airbag light illuminating on an empty seat often points to issues with the seat's pressure sensor, such as damage, calibration loss, or corrosion. Non-fault triggers like heavy items, electronics, or thick seat covers can also activate it. Source: https://www.monitor.co.ug/uganda/business/auto/what-causes-the-airbag-light-to-stay-on--5410400
auto 1 April 2026
Car owners in Uganda often face starting issues after rains due to moisture affecting the starter motor, ignition components, and battery terminals. Simple checks and maintenance can prevent these problems during the wet season. Source: https://www.monitor.co.ug/uganda/business/auto/why-does-my-car-take-longer-to-start-when-it-rains--5410378
Business 1 April 2026
Experts are pushing young Ugandans, especially fresh graduates facing high unemployment, to seize opportunities in the gold sector, which is becoming more accessible due to easing barriers and government reforms. The industry offers quick-to-learn skills and growth potential amid booming exports. Source: https://www.monitor.co.ug/uganda/news/national/youth-urged-to-tap-into-gold-trade-as-barriers-ease-5410644
Business 1 April 2026
Ugandan women, who own nearly 40% of businesses despite facing severe barriers to formal credit, represent an untapped economic force that banks must support through innovative lending practices. Stories like that of entrepreneur Justine highlight the urgent need for reforms to dismantle collateral and network gaps. Source: https://www.monitor.co.ug/uganda/oped/commentary/why-our-banking-systems-must-evolve-for-the-ugandan-woman-5410614
agriculture 1 April 2026
Sylvia Namukose evolved from subsistence groundnut farming in Kibale to producing tonnes on six acres after Heifer International training, while innovator Nakalema Assumpta scales poultry tech in Mbarara. These stories highlight women's rising role in Uganda's agriculture amid efforts to boost skills, finance, and markets. Source: https://observer.ug/news/she-started-small-now-her-farm-feeds-thousands
Business 1 April 2026
Ugandan executives risk irrelevance by avoiding social media, as active online presence shapes perceptions and opens doors to opportunities like panels, interviews, and partnerships. Sharing genuine insights on platforms like LinkedIn boosts credibility and influence among decision-makers. Source: https://www.monitor.co.ug/uganda/oped/commentary/personal-branding-perception-is-currency-5410534
Business 1 April 2026
Uganda's core inflation dipped slightly to 2.9 percent in March, bolstered by slowing food crop prices at 1 percent, yet mounting energy costs and a weakening shilling signal growing risks ahead. Source: https://www.monitor.co.ug/uganda/business/markets/inflation-under-control-but-pressure-is-building-5410574
Business 1 April 2026
The Ugandan government aims to remove all petrol-powered motorcycles from Kampala's city center by 2030, promoting locally made electric alternatives to cut pollution and modernize transport. Success depends on rider adoption, affordable financing, and expanded infrastructure. Source: https://www.monitor.co.ug/uganda/business/technology/inside-govt-s-plan-to-eliminate-petrol-bikes-from-kampala--5410540
Business 1 April 2026
MARU Credit highlights that Ugandan SMEs often lack the internal structure to effectively use credit, beyond just limited funding access. Through their incubator program, they emphasize building fundamentals like record-keeping and financial discipline to enable growth. Source: https://www.monitor.co.ug/uganda/business/we-have-been-cooking-now-it-is-time-to-serve-5410518
Business 1 April 2026
African trade ministers united in Maputo to outline priorities for the WTO's 14th Ministerial Conference as US-China rivalry and sustainability rules reshape global trade. Agriculture stands as a critical test for the continent's strategy to build capacity and avoid external dependencies. Source: https://www.monitor.co.ug/uganda/oped/commentary/is-africa-set-to-seize-the-moment-as-the-global-trade-order-is-rewritten--5410486
Business 1 April 2026
The National Social Security Fund has introduced a new voluntary savings option under its SmartLife scheme, allowing contributions as low as Shs500, following Cabinet approval to boost informal sector retirement savings toward 15 million participants by 2035. Since the 2024 launch, it has already attracted 3.4 million savers with Shs30 billion in assets. Source: https://www.monitor.co.ug/uganda/business/markets/you-can-now-save-as-low-as-shs500-under-nssf-s-voluntary-scheme-5410484
Business 1 April 2026
Commercial banks in Uganda approved just 39.2 percent of loan applications in January 2026, the lowest in five years, despite a slight uptick in private sector credit. This reflects lenders' growing risk aversion, particularly in key sectors like trade and agriculture. Source: https://www.monitor.co.ug/uganda/business/markets/loan-approvals-decline-to-the-lowest-levels-in-years-5410466
Technology 1 April 2026
The Ministry of ICT and National Guidance expects Uganda's Artificial Intelligence and Emerging Technologies Strategy to be finalized by June, building on a prior Data Strategy for smoother implementation. A new MoU with UNHIF China and Prince Kimbugwe Foundation promises 50,000 jobs, 300 scholarships, and tech transfer over five years. Source: https://www.monitor.co.ug/uganda/news/national/govt-ai-strategy-will-be-ready-by-june-says-ict-ministry-5410430
Politics 1 April 2026
The National Planning Authority has appointed economist Dr Rogers Matte as its new deputy executive director, succeeding the retired Charles Oleny Ojok. Matte brings a wealth of experience from prior roles in public service, academia, and planning at the authority. Source: https://www.monitor.co.ug/uganda/news/national/dr-matte-appointed-npa-deputy-executive-director-5410388
Business 1 April 2026
A Tax Appeals Tribunal ruling has halted URA's enforcement of a Shs169.9 billion tax demand on MTN Uganda due to the lack of a formal statutory assessment, particularly for mobile money findings. The decision underscores the critical role of legal processes in tax disputes, leaving the validity of the underlying liability unresolved. Source: https://www.monitor.co.ug/uganda/business/markets/mtn-ura-tax-row-a-process-failure-and-shs169b-at-stake--5409878
Politics 31 March 2026
The Ministry of Lands, Housing and Urban Development has released over 150 contract workers as part of the government's RAPEX rationalisation efforts, sparking anxiety among those affected. Officials insist the staff are being transitioned into permanent public service roles rather than dismissed. Source: https://www.monitor.co.ug/uganda/news/national/150-lands-ministry-staff-laid-off-in-major-shakeup-5409642
Business 31 March 2026
Florence Makada has advanced from a network administrator to managing director at Motorcare over the past decade, showcasing how expertise can propel career growth. Her leadership highlights determination and skill in the automotive sector. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/florence-makada-s-decade-at-the-wheel-of-motorcare-5409328
Business 31 March 2026
Technology is revolutionizing procurement worldwide by curbing corruption, boosting efficiency, and enhancing accountability, a shift Uganda must embrace amid its expanding economy. Digital platforms offer real-time tracking, data insights, and fraud prevention, far outweighing initial investment costs. Source: https://www.monitor.co.ug/uganda/oped/letters/technology-is-no-longer-optional-5408786
Business 31 March 2026
Uganda's over 7,000 NGOs contribute over Shs4.5 trillion annually through foreign funding, jobs, and vital services in health, education, and rural areas, but government actions like account freezes and global aid reductions threaten their survival. Experts warn of severe economic ripple effects, job losses, and gaps in social services as the sector navigates heightened scrutiny ahead of 2026 elections. Source: https://www.monitor.co.ug/uganda/business/prosper/can-uganda-s-economy-survive-without-ngo-aid--5408690
Business 30 March 2026
Sukuk, or Islamic bonds, are gaining momentum due to core Islamic finance rules that ban interest, offering an asset-backed alternative reshaping international markets. Their growth highlights a shift toward ethical, Sharia-compliant investments worldwide. Source: https://www.monitor.co.ug/uganda/business/prosper/sukuk-islamic-bonds-reshaping-global-finance-5408462
Business 30 March 2026
Non-tariff barriers in the East African Community are taking longer to resolve, jumping from 76 days in 2021 to 274 days in 2024, costing the region up to $10 billion annually in lost trade opportunities. These delays undermine regional integration efforts and economic growth across EAC and COMESA. Source: https://www.monitor.co.ug/uganda/business/prosper/east-africa-s-integration-at-risk-from-stubborn-non-tariff-barriers-5407648
Business 30 March 2026
Fuel prices in Uganda have increased despite appeals from Energy Minister Ruth Nankabirwa to oil marketers to hold steady, with petrol now reaching Shs5,399 per litre and diesel at Shs5,150 due to surging global oil costs and a weakening shilling. Source: https://www.monitor.co.ug/uganda/news/national/fuel-prices-inch-up-despite-govt-price-warning-5408056
tourism 30 March 2026
Uganda is promoting its tourism attractions and investment opportunities at the Tourism Plus Expo in Shanghai, aiming to draw international visitors and investors. The pavilion features cultural displays, live performances, and highlights of wildlife and landscapes to position the country as a top destination. Source: https://www.monitor.co.ug/uganda/news/national/uganda-markets-tourism-investment-at-china-expo-5408042
Politics 30 March 2026
State Minister for Finance Henry Musasizi has noted rising doubts among Ugandans and media about government backing for investors, urging critics to visit projects firsthand. He highlighted the Inspire Africa Coffee hub in Ntungamo as a success story amid plans for further funding. Source: https://www.monitor.co.ug/uganda/news/national/ugandans-growing-sceptical-of-investor-support-says-musasizi-5407804
Business 30 March 2026
Uganda's labour export sector brings in over Shs5 trillion in remittances annually, yet migrant workers face exploitation, abuse, and weak protection abroad, prompting calls for better oversight and funding. Experts urge registration with embassies, more labour attachés, and reinvestment of sector revenues to safeguard workers. Source: https://www.monitor.co.ug/uganda/business/prosper/inside-the-growing-labour-rights-crisis-5407606
economy 30 March 2026
Uganda's growing exports to the Middle East, now reaching $5.3 billion annually, have created a positive trade balance that strengthens its economy against global shocks like those from Iran-related tensions. The country's economic diversity in agriculture, services, and emerging oil provides resilience despite vulnerabilities as a fuel importer. Source: https://www.monitor.co.ug/uganda/oped/commentary/managing-risk-in-uncertain-times-5407468
law 30 March 2026
Uganda's Copyright and Neighbouring Rights Amendment Bill, passed in March 2026, distinguishes copyright for original creators from neighbouring rights that protect performers, recording producers, and broadcasters. The law aims to ensure fair compensation across the creative value chain through better enforcement and registration requirements. Source: https://www.monitor.co.ug/uganda/oped/commentary/what-are-neighbouring-rights-under-the-copyright-and-neighbouring-rights-bill--5407418
Business 29 March 2026
Robert Mukiza's five-year term as Uganda Investment Authority (UIA) director general ends next month amid a leaked board review scoring his performance at 37%, citing stalled industrial parks, governance issues, and disputes with ministers. Plans are underway to transfer UIA to the Ministry of Trade, potentially due to underperformance and overlapping mandates. Source: https://observer.ug/news/looming-leadership-crisis-at-uia
Business 29 March 2026
Uganda Electricity Transmission Company Limited (UETCL) is burdened by Shs1.48 trillion in outstanding receivables, mainly from unpaid electricity bills by Umeme, UEDCL, and government entities. The massive debts have triggered huge impairments, flipping the company from profit to a Shs293.1 billion net loss. Source: https://www.monitor.co.ug/uganda/business/markets/shs1-4-trillion-in-debts-unpaid-power-bills-are-draining-uetcl-5405958
Sports 29 March 2026
Nile Special, Uganda's official World Cup beer, has launched a campaign to fly selected fans to the 2026 FIFA World Cup in the USA, leveraging AB InBev's global FIFA partnership. Fans can enter by buying two beers at activated outlets and scanning a code for a chance to win a five-day trip. Source: https://www.monitor.co.ug/uganda/sports/world-cup/nile-special-to-fly-ugandans-to-world-cup-5407244
Business 29 March 2026
A Ugandan delegation led by NRM Deputy Secretary General Rose Namayanja Nsereko has secured land allocations and investment pledges from Zambia's government following discussions with President Hakainde Hichilema. Opportunities span agriculture, construction, manufacturing, and more, boosting intra-African trade ties. Source: https://www.monitor.co.ug/uganda/news/national/ugandan-investors-secure-land-in-zambia-5406670
Business 28 March 2026
Bartender-turned-entrepreneur Daniel Ntende, 37, has launched KyakuNywa System to transform chaotic drink setups at Ugandan weddings, parties, and corporate events into professional, memorable experiences. Drawing from his expertise at Kampala's top cocktail bars, he trains staff and uses local ingredients for consistent, high-quality service. Source: https://www.monitor.co.ug/uganda/magazines/life/daniel-ntende-raises-the-bar-for-uganda-s-event-drinks-industry-5403974
Business 28 March 2026
Civil Society Budget Advocacy Group Executive Director Julius Mukunda highlights surging public debt, low tax-to-GDP ratios, and fiscal mismanagement in the 2025 Auditor General's report, warning of severe constraints on essential services. He urges reforms to address inefficiencies in revenue collection, arrears, and key sectors like health and education. Source: https://www.monitor.co.ug/uganda/business/finance/our-limited-fiscal-headroom-must-be-a-cause-of-concern-says-mukuda-5406230
Business 28 March 2026
Uganda's tax dispute framework offers multiple mechanisms like ADR but faces challenges in coordination, tight deadlines, and lengthy processes, according to practitioners and URA officials. Reforms are urged to enhance clarity, reduce timelines, and build taxpayer trust. Source: https://www.monitor.co.ug/uganda/business/finance/why-tax-dispute-system-in-uganda-needs-reform-5406040
agriculture 28 March 2026
Farmers from West Nile gathered at the Omia Agribusiness and Renewable Energy Expo in Arua to learn modern farming practices, climate adaptation strategies, and market linkages, boosting incomes and job opportunities for young women. The event under the SIYEP programme highlights innovations like solar irrigation amid climate challenges. Source: https://www.monitor.co.ug/uganda/news/national/west-nile-expo-draws-farmers-to-climate-smart-agriculture-green-jobs-5406112
farming 28 March 2026
Judith Namulindwa has transformed a small plot in Seguku, Wakiso District, into a profitable rat breeding operation supplying albino rats and guinea pigs for research, education, and pets. Starting with a modest investment in 2016, she now manages thousands of rodents and inspires her community to join the niche farming sector. Source: https://www.monitor.co.ug/uganda/magazines/farming/how-namulindwa-turned-rat-breeding-into-thriving-business-5405680
agriculture 27 March 2026
Uganda's seed system has evolved from a chaotic and unpredictable setup to a structured, commercial framework fueled by collaborations among research bodies, government, and private firms. Facilities like Naro Holdings in Kigumba are central to producing high-quality early generation seeds that boost farmer productivity nationwide. Source: https://www.monitor.co.ug/uganda/magazines/farming/uganda-on-track-to-build-modern-seed-industry-5405704
Business 27 March 2026
Ugandan entrepreneur Moses A. Mawa has established Silvertrust Media and the 24-hour Afroglobal TV channel in Canada, connecting Africa with its diaspora. His Imagine Uganda initiative, backed by President Museveni, promotes trade, tourism, and investment to elevate Uganda globally. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/how-moses-mawa-built-a-24-hour-african-tv-empire-in-canada-5405810
Entertainment News 27 March 2026
Uganda's Copyright and Neighbouring Rights Amendment Bill, recently passed by Parliament and awaiting presidential approval, introduces a private copy levy on devices like smartphones and USBs to compensate creators for personal copies. While artists celebrate potential earnings, critics fear it burdens consumers and may sideline local music. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/private-copy-levy-explained-lifeline-for-artists-or-burden-on-consumers--5405776
Business 27 March 2026
KCCA Executive Director Sharifah Buzeki has assured Parliament that there are no plans to demolish the 55-year-old Owino Market, focusing instead on infrastructure upgrades. The commitment came during a COSASE committee session addressing Auditor General's report queries and trader anxieties fueled by media reports. Source: https://www.parliament.go.ug/news/4325/kcca-will-not-demolish-owino-market
Politics 27 March 2026
Uganda and Norway held bilateral talks in Kampala, committing to boost trade volumes, enhance security cooperation, and plan a trade summit by 2027. Officials highlighted low current trade figures and praised Uganda's refugee hosting efforts. Source: https://www.monitor.co.ug/uganda/news/national/uganda-norway-hold-talks-to-boost-security-trade-volumes-5405200
Business 26 March 2026
New CEOs often launch cost-cutting initiatives to plug leaks and stabilize organizations, but these measures rarely lead to true growth or turnaround. True success lies in fostering a strong culture of vision, excellence, and innovation alongside targeted savings. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/cost-cutting-is-not-a-growth-strategy-5403394
Business 26 March 2026
TotalEnergies has launched an upgraded LPG facility in Jinja to bolster storage, handling, and distribution capabilities, preparing Uganda for local LPG production. The investment supports clean energy access and aligns with national oil and gas goals. Source: https://www.monitor.co.ug/uganda/business/markets/revamped-jinja-lpg-plant-prepares-uganda-for-local-production-5404388
Business 26 March 2026
Uganda's fuel imports for April ensure ample supply exceeding monthly needs, shielding the country from short-term global disruptions. Despite this, pump prices are rising, drawing government warnings against unjustified hikes. Source: https://www.monitor.co.ug/uganda/business/markets/more-fuel-is-arriving-data-shows-supply-is-secure-at-least-for-now-5404498
Sports 26 March 2026
The Ugandan government has pledged Shs30 billion in friendly loans through the Ministry of Finance to help Bunyoro hoteliers upgrade facilities to international standards ahead of AFCON 2027. Hoima City, a host venue, will benefit as six hotels are targeted for five-star redevelopment to accommodate teams, officials, and fans. Source: https://www.monitor.co.ug/uganda/news/national/afcon-2027-govt-pledges-shs30b-friendly-loan-support-to-bunyoro-hoteliers-5404072
travel 26 March 2026
The e-Business Eco-Tourism Portal (EBEB) is revolutionizing how artisans near Bwindi and Kibale national parks sell crafts to tourists through online listings and advance bookings. Backed by the Uganda Communications Commission, the platform ensures fair pricing, digital access, and better livelihoods for local communities. Source: https://www.monitor.co.ug/uganda/lifestyle/travel/how-an-online-portal-is-rewriting-community-tourism-in-uganda-5402202
economy 25 March 2026
Uganda's economy demonstrated robust growth in February, fueled by agriculture, industry, and services amid rising investments and demand. Key indicators like PMI and BTI highlighted business expansion, falling inflation, and a trade surplus. Source: https://www.monitor.co.ug/uganda/news/national/what-drove-economic-growth-in-february--5403490
auto 25 March 2026
Loud banging noises from your car engine during uphill acceleration often signal cylinder knock from premature ignition, which modern vehicles detect via knock sensors to avert damage. Possible culprits include low-octane fuel, faulty timing, or worn engine parts, demanding prompt mechanic inspection. Source: https://www.monitor.co.ug/uganda/business/auto/why-does-my-car-engine-make-loud-banging-noises-when-driving-uphill--5403092
Business 25 March 2026
Joseph Komakech, chairperson of sales executives at Jumbo Auto Mart, shares the story of his first car, a Toyota Mark II bought for Shs3m, which taught him harsh lessons on Kampala's roads including a near-fatal crash with a truck. Despite fuel gauge woes and boda boda scratches, he cherishes its quiet power and durability. Source: https://www.monitor.co.ug/uganda/business/auto/my-first-car-cost-me-shs3m-but-it-almost-killed-me-5403120
Business 25 March 2026
Uganda's civil servants will now contribute 5% of their earnings to pensions alongside the government's 10%, shifting from a non-contributory system to a sustainable model similar to the private sector's NSSF. The Public Service Pension Fund Act 2025 aims to ease fiscal pressures and ensure timely retirement benefits. Source: https://www.monitor.co.ug/uganda/business/markets/civil-servants-to-start-contributing-towards-their-pensions-5403332
Business 25 March 2026
Major global asset managers are broadening access to private markets amid slowing exits and rising risks, but Uganda's nascent ecosystem struggles with currency volatility, mismatched funding, and limited exit options. Experts warn that scaling without addressing these basics could import global vulnerabilities into fragile local markets. Source: https://www.monitor.co.ug/uganda/business/markets/private-markets-go-mainstream-as-uganda-still-builds-the-basics--5403318
news 25 March 2026
Djibouti has launched Salaam City, its largest residential development featuring over 7,000 housing units and integrated urban amenities, drawing attention from Uganda amid its own urban housing challenges. The project, linked to a Ugandan-operating group, highlights opportunities in employment, sustainability, and planned city growth. Source: https://observer.ug/news/djibouti-builds-new-city-uganda-takes-note
tourism 25 March 2026
The e-Business Eco-Tourism Portal (EBEB) is transforming how artisans near Bwindi and Kibale national parks sell crafts to tourists, enabling online listings, advance bookings, and fair pricing. Supported by the Uganda Communications Commission, the platform connects local producers to global markets while boosting conservation efforts and livelihoods. Source: https://www.monitor.co.ug/uganda/magazines/life/how-an-online-portal-is-rewriting-community-tourism-in-uganda-5402202
lifestyle 25 March 2026
Ugandan innovators at Texfad are transforming banana stem waste into lightweight, eco-friendly hair extensions and wigs, gaining popularity among hairdressers and clients for their comfort and scalp-friendly qualities. This green initiative supports farmers, creates jobs, and eyes global export potential with backing from standards bodies and international partners. Source: https://www.monitor.co.ug/uganda/lifestyle/reviews-profiles/why-wearing-banana-fibre-wigs-makes-sense-5402192
Business 24 March 2026
Katwe Market traders are rebuilding after a massive fire destroyed over 200 stalls, finding renewed optimism from Kabaka Ronald Muwenda Mutebi II's visit and his directives for swift recovery support. The monarch tasked Rexba Limited with registering affected vendors to facilitate their return to work. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/kabaka-s-visit-brings-hope-to-katwe-traders-5402144
Business 24 March 2026
The government has obtained Shs422.26 billion through borrowing to purchase 10 new planes for Uganda Airlines, addressing fleet shortages that have disrupted international routes. This funding, part of a larger supplementary budget approved last year, aims to boost the airline's capacity amid rising fiscal pressures. Source: https://www.monitor.co.ug/uganda/business/markets/govt-secures-shs422b-to-buy-10-planes-for-uganda-airlines--5401954
Business 24 March 2026
Uganda's piped water connections jumped nearly 7% to 1.136 million in the 2024/25 financial year, fueled by infrastructure investments, subsidies, and tougher metering enforcement. The gains are detailed in the latest annual regulator's report, highlighting operational improvements despite ongoing challenges. Source: https://www.monitor.co.ug/uganda/business/markets/infrastructure-growth-drives-up-piped-water-connections-5401912
Business 24 March 2026
Uganda's coffee sector is booming, with recent earnings of $2.4 billion from 8.7 million bags exported between December 2024 and 2025, and projections to hit Shs20 trillion by 2030. Growth is fueled by better farming, global demand, and value addition efforts. Source: https://www.monitor.co.ug/uganda/business/commodities/coffee-exporters-project-earnings-to-hit-shs20-trillion-by-2030-5401940
Business 24 March 2026
The Ugandan shilling has depreciated against the US dollar due to heightened demand from energy importers hedging against Iran-related oil instability and geopolitical risks, alongside increased manufacturing imports and dividend payouts. Recent inflows provided temporary relief, strengthening the shilling slightly on March 24. Source: https://www.monitor.co.ug/uganda/news/national/-dollar-holders-having-their-moment--5402006
media 24 March 2026
Phoebe Masongole from Daily Monitor's Mbale bureau has clinched the Eastern region prize at the 2026 Standards and Metrology Journalism Awards for her story on quality coffee empowering Bugisu women. The award highlights the media's vital role in promoting Uganda's standards and economic growth. Source: https://www.monitor.co.ug/uganda/news/national/daily-monitor-reporter-wins-unbs-award-for-quality-reporting-5401556
Business 23 March 2026
Uganda's multiple taxes on imported smartphones, including 10% import duty, 6% withholding tax, 1.5% infrastructure levy, and 18% VAT, nearly double device prices, keeping smartphone penetration at just 33% amid a population of 50 million. While neighbors like Kenya and Rwanda have cut taxes to boost adoption, Uganda faces smuggling and counterfeits as affordability lags. Source: https://www.monitor.co.ug/uganda/business/prosper/high-taxes-keep-millions-of-ugandans-stuck-on-basic-phones-5399930
Business 22 March 2026
Uganda Revenue Authority grapples with escalating smuggling fueled by tax gaps with neighbors and global trade shocks from conflicts, risking its Shs36.74 trillion target amid seized goods overflowing warehouses and declining imports. Source: https://www.monitor.co.ug/uganda/business/finance/trade-disruptions-and-smuggling-may-stand-in-the-way-of-ura-s-shs36-trillion-target--5398804
Business 22 March 2026
The Uganda Securities Exchange (USE) has seen a significant boost in market capitalization due to sustained share price gains across several listed firms, driven by investors positioning for dividends and upcoming financial results. Top performers like MTN Uganda and Airtel led the rally, enhancing shareholder value. Source: https://www.monitor.co.ug/uganda/business/markets/rising-share-prices-boost-use-market-capitalization-5398794
Business 22 March 2026
The Sino-Uganda Mbale Industrial Park and Mbale City Council are collaborating to build a market near the park's entrance, enabling locals to sell goods and services to workers and visitors. The initiative aims to extend economic opportunities from the industrial hub to surrounding communities. Source: https://www.monitor.co.ug/uganda/news/national/mbale-industrial-park-city-partner-to-set-up-vendor-market-5399186
Business 22 March 2026
Promoters of regenerative medicine under Norland Uganda are encouraging locals to join a new franchise business model, blending health recovery with income opportunities through herbal Chinese products and premium outlets. Beneficiaries like former patients highlight how it lowers entry barriers for entrepreneurship amid the company's 7th anniversary celebrations. Source: https://www.monitor.co.ug/uganda/news/national/regenerative-medicine-promoters-rally-ugandans-for-franchise-business-model-5398978
Business 21 March 2026
Mary Baine, executive secretary of the African Tax Administration Forum (ATAF), advocates for simplifying complex tax structures and digitizing systems to boost revenue collection across Africa. With her extensive experience from Rwanda and ATAF, she aims to raise the continent's tax-to-GDP ratio from 16% to 20% amid rising debt and donor fatigue. Source: https://www.monitor.co.ug/uganda/business/finance/not-all-is-lost-for-the-tax-systems-in-africa-says-mary-baine--5398282
Business 21 March 2026
Kenyan President William Ruto and Ugandan President Yoweri Museveni attended the groundbreaking of the 107km Kisumu-Malaba Standard Gauge Railway section, a vital link in the Mombasa-Kampala corridor set for completion by 2028. The project aims to slash travel times and freight costs, boosting regional trade and integration. Source: https://www.monitor.co.ug/uganda/news/national/ruto-museveni-seek-rail-revival-as-kenya-uganda-launch-key-sgr-link-5398390
Business 20 March 2026
The World Bank and partners have imposed a 21-month ban on PwC Associates Africa Ltd, PwC Limited Kenya, and PwC Rwanda Limited after they admitted to fraudulently accessing confidential bid information for a $1.1 billion Ethiopia-Kenya electricity interconnection project. The debarment stems from collusive practices that gave the firms an unfair edge, with potential for early release based on compliance measures. Source: https://observer.ug/news/how-corruption-stripped-pwc-naked
Health 20 March 2026
Nutrition experts in Uganda are calling on companies to hire nutritionists to oversee employee diets amid surging non-communicable diseases linked to sedentary office lifestyles and poor eating habits. They highlight the need for better food choices at work and personal steps like walking to improve health. Source: https://www.monitor.co.ug/uganda/news/national/employ-nutritionists-to-monitor-diets-at-workplaces-experts-urge-5397278
Business 19 March 2026
Women in Mbale, Sironko, and Bududa districts are transforming their livelihoods by processing coffee to premium standards, earning significantly more than from raw sales. Initiatives like training and cooperatives empower them with higher prices, financial independence, and community impact. Source: https://www.monitor.co.ug/uganda/news/national/bugisu-women-mint-cash-from-selling-quality-coffee-5397142
Business 19 March 2026
Kenyan President William Ruto cautioned that Kenya's role as the primary trade gateway for East African countries could slip away due to inadequate infrastructure, urging swift investments in the Standard Gauge Railway (SGR) extensions. He highlighted rising cargo volumes and delays that threaten competitiveness amid regional alternatives. Source: https://www.monitor.co.ug/uganda/news/national/kenya-might-lose-its-key-trade-route-says-ruto-5397130
Business 19 March 2026
Uganda is ramping up efforts to draw Chinese investment into its agriculture sector through a key forum in China's Hunan Province, capitalizing on Beijing's zero-tariff policy for African goods to promote value addition and boost exports. Officials spotlight untapped arable land, incentives, and strategic partnerships to transform the economy. Source: https://www.monitor.co.ug/uganda/news/national/uganda-courts-chinese-investors-to-boost-agro-exports-5397136
news 19 March 2026
Traders in Jinja City are decrying a council enforcement drive that demolished their roadside kiosks, claiming they paid monthly fees and received short notice. While the council insists on prior warnings to restore order, a court has paused evictions at the taxi park. Source: https://www.monitor.co.ug/uganda/news/national/jinja-street-traders-fault-city-clean-up-5397140
Business 19 March 2026
Equity Bank Uganda turned a Shs36.6b loss in 2023 into a 500% profit surge to Shs104.7b by 2025 through aggressive provisioning, loan book cleanup, and disciplined cost management. This strategic reset strengthened its balance sheet and positioned it as the fastest-growing subsidiary in the Equity Group. Source: https://www.monitor.co.ug/uganda/business/markets/the-reset-equity-bank-uganda-s-three-year-turnaround-5396740
Business 19 March 2026
Kenya has relaunched construction on a key Standard Gauge Railway extension stalled for over six years due to funding shortages from China, now financed through revenue securitisation and joint ventures with Chinese firms. The project aims to connect to Uganda, countering past criticisms of it leading nowhere and symbolising debt trap concerns. Source: https://www.monitor.co.ug/uganda/news/kenya-revives-stalled-china-backed-railway-after-six-year-halt-5396760
Business 19 March 2026
More than two million vehicles operate on Ugandan roads, but only 577,000 are insured, leaving over 70% uninsured. Boda bodas show the starkest gap, with just 4% coverage despite nearly two million in use. Source: https://www.monitor.co.ug/uganda/business/insurance/over-70-of-vehicles-are-uninsured-5396640
energy 19 March 2026
Uganda plans to integrate Kisoro Town into the national electricity grid, replacing decades of imported power from Rwanda. This upgrade promises more stable supply, lower business costs, and a boost to local economic activities. Source: https://www.monitor.co.ug/uganda/news/national/kisoro-to-be-connected-to-national-grid-after-decades-of-relying-on-rwanda-imported-power-5396682
Business 19 March 2026
Geopolitical shocks from US-Israel strikes on Iran have prompted offshore investors to pull back from Ugandan government securities, weakening the shilling to around Shs3,766 per dollar and driving up bond yields. The Bank of Uganda is countering the pressure through liquidity measures, despite solid local fundamentals like 2.9% inflation. Source: https://www.monitor.co.ug/uganda/business/finance/offshore-investors-rattle-bond-market--5396710
Business 19 March 2026
Yasin Bakaluba Sekimwanyi transformed from a night-shift security guard in London into a successful Ugandan real estate developer by saving diligently, investing in land and rentals, and applying lessons from books and observations abroad. His strategy emphasizes patience, asset-building over consumption, and long-term planning in Uganda's growing property market. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/watch-how-a-london-guard-became-a-property-tycoon-in-uganda--5394802
education 19 March 2026
Youth in Uganda's Busoga region are acquiring hands-on skills like electronics, soap making, and bricklaying under the new competency-based curriculum, allowing them to launch small businesses and combat unemployment even before finishing school. Experts highlight its potential to foster self-reliance, though challenges like material shortages persist. Source: https://www.monitor.co.ug/uganda/news/national/how-busoga-youth-are-benefiting-from-competency-based-learning--5396484
Business 19 March 2026
The East African Community has set a June 30, 2026 deadline for Uganda and Tanzania to remove all non-tariff barriers stifling trade. Lifting these obstacles promises lower costs, enhanced competitiveness, and broader markets for producers in both nations. Source: https://www.monitor.co.ug/uganda/oped/editorial/time-to-open-up-trade-in-east-africa-5396508
Business 19 March 2026
While women are increasingly visible and contributing significantly in workplaces, true equal opportunity requires addressing subtle barriers like informal decision-making and lack of mentorship. Organisations must adopt deliberate actions to foster female leadership and growth beyond International Women’s Day celebrations. Source: https://www.monitor.co.ug/uganda/oped/letters/presence-alone-does-not-always-translate-into-equal-opportunity-5396492
Business 19 March 2026
Uganda is boosting its position as a top grain supplier in East Africa by aligning with regional standards on quality and grading, though challenges like differing testing procedures persist. Initiatives like farmer aggregation and certification reforms are driving structured trade and market access. Source: https://www.monitor.co.ug/uganda/oped/commentary/harmonised-standards-are-making-uganda-a-reliable-grain-supplier-5396468
news 19 March 2026
Prominent Masaka businessman Bosco Ssenyonjo, known as Bitanda, and two children died in a road accident on the Entebbe Expressway while heading to the airport. Renowned for his humility and contributions to local economy, his death has sparked family disputes over burial, now pending court decision. Source: https://www.monitor.co.ug/uganda/news/national/businessman-bosco-ssenyonjo-masaka-s-icon-defined-by-humility-5396178
Business 19 March 2026
Women farmers in Bugisu region are boosting incomes through value addition in coffee production, transforming raw beans into premium products that meet national standards. Initiatives led by entrepreneurs like Meridah Nandudu empower them with training, new revenue streams from byproducts, and greater financial independence. Source: https://www.monitor.co.ug/uganda/news/national/quality-coffee-the-money-minting-machine-for-bugisu-women-5396294
Business 18 March 2026
Toyota's iconic Hilux pickup truck has been upgraded for 2026, blending its renowned durability with enhanced comfort, as demonstrated on a demanding drive from Kampala to Karuma. Source: https://www.monitor.co.ug/uganda/business/auto/2026-hilux-tough-pick-up-surprisingly-comfortable-5395716
Business 18 March 2026
Vehicle recalls often spark safety fears among drivers, but they are manufacturer efforts to fix potential defects at no cost. Here's a straightforward guide on verifying and addressing a recall for your car. Source: https://www.monitor.co.ug/uganda/business/auto/what-to-do-when-your-car-is-recalled-5395746
Business 18 March 2026
Entebbe International Airport managed 189,575 international passengers in February 2026, up sharply from January's 150,188 and last year's February figure. Cargo volumes also climbed to 4,498 metric tonnes amid ongoing growth trends. Source: https://www.howwe.ug/news/national/42654/entebbe-airport-passenger-traffic-jumps-in-february
Business 18 March 2026
Uganda's Court of Appeal has ruled that KCB Bank must compensate Deborah Kigongo of Kaaya Enterprises Limited for failing to issue promised letters of credit, leading to significant business losses. The decision awards damages, costs, and withheld contract funds, serving as a warning to banks on honoring client commitments. Source: https://observer.ug/news/businesswoman-wins-landmark-battle-against-kcb-bank
Business 18 March 2026
Hundreds of workers at Igara Growers Tea Factory in Bushenyi District have halted operations since Monday, protesting four months of unpaid salaries amid claims of mismanagement and massive debts. Local leaders demand urgent action from factory management to avert a collapse in the Ankole tea supply chain. Source: https://www.monitor.co.ug/uganda/news/national/workers-strike-paralyses-igara-factory-operations-5387998
Business 18 March 2026
Rebecca Kadaga has instructed ministries to block Kenyan traders from purchasing food straight from Ugandan farmers' gardens, citing exploitation and poverty among locals. This move aims to protect farmers and regulate cross-border trade amid ongoing regional tensions. Source: https://www.monitor.co.ug/uganda/business/markets/kadaga-wants-ban-on-kenyan-traders-buying-food-from-farms--5395728
Business 18 March 2026
Uganda's insurance sector has rapidly consolidated due to the Insurance Regulatory Authority's (IRA) push for mergers and higher capital requirements, resulting in dominant players like Sanlam Allianz and Jubilee Life overtaking previous leaders in non-life and life segments. Source: https://www.monitor.co.ug/uganda/business/insurance/insurance-mergers-the-making-of-new-giants-5395782
Business 18 March 2026
The ongoing US-Israeli military actions against Iran are causing widespread chaos in global business, from skyrocketing energy costs to flight cancellations and supply chain breakdowns. Industries like aviation, shipping, and manufacturing face severe disruptions as key routes and resources become unreliable. Source: https://www.monitor.co.ug/uganda/news/world/how-us-israeli-war-on-iran-is-upending-global-business-5395776
auto 18 March 2026
A Ugandan car owner puzzled by side mirrors randomly adjusting post-wash, even with ignition off, learns it's likely due to high-pressure water causing short circuits in mirror electronics. Experts advise avoiding direct jets on electrical parts to prevent such glitches. Source: https://www.monitor.co.ug/uganda/business/auto/why-do-my-car-s-side-mirrors-self-adjust--5395684
Business 18 March 2026
Yasin Bakaluba Sekimwanyi transformed from a security guard in London into a prominent property developer in Uganda, building a multi-million shilling real estate empire through determination and smart investments. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/how-a-london-guard-became-a-property-tycoon-in-uganda--5394802
Business 17 March 2026
Life insurance in Uganda is rapidly gaining ground on non-life insurance, with market share rising from 37.89% in 2023 to 48.33% by late 2025, driven by robust growth and innovative products. Projections indicate life could surpass non-life as early as 2026, reshaping the industry toward long-term financial protection. Source: https://www.monitor.co.ug/uganda/business/insurance/could-life-insurance-be-the-next-big-thing--5394260
Politics 17 March 2026
President Museveni has assumed the EAC chairmanship amid growing intra-regional trade but persistent funding crises, with calls for financial discipline to unlock industrialization for 300 million people. Reforms approved in Arusha aim to enforce contributions and remove barriers towards deeper integration. Source: https://www.monitor.co.ug/uganda/oped/commentary/from-uhuru-to-umoja-east-africa-is-at-the-threshold-of-itself-5394784
consumer 17 March 2026
Ugandan consumers face risks from substandard and fake products like juices, sugars, and cosmetics, often sold by unaware traders duped by manufacturers. UNBS campaigns urge vigilance, checking for Q-marks and proper labels to ensure safety and compliance. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/what-to-watch-out-for-when-shopping-5394066
Business 16 March 2026
Tanzanian businessman Mohammed Dewji, in his 50s, remains the only billionaire from East Africa on the Forbes list and continues to be recognized as Africa's youngest billionaire. Source: https://www.monitor.co.ug/uganda/news/national/tanzania-s-mohammed-dewji-remains-east-africa-s-only-billionaire-on-forbes-list-5393306
Business 16 March 2026
A routine rent disagreement between Muwema & Co. Advocates and their landlord in Kololo has escalated into a court battle, forced eviction, and robbery allegations after the law firm exercised an option to buy the property. The firm disputes the court's ruling ordering payment of over $372,000 and vacating the premises, now accusing the landlord of seizing their assets illegally. Source: https://www.monitor.co.ug/uganda/news/national/muwema-eviction-rent-saga-takes-darker-turn-5392902
Business 16 March 2026
Uganda's multiple taxes on mobile money transactions, including excise duties on withdrawals and agent commissions, are driving up costs and pushing users back to cash. Experts warn this undermines financial inclusion despite the sector's massive growth to 43 million accounts and Shs326 trillion in transactions. Source: https://www.monitor.co.ug/uganda/business/prosper/mobile-money-taxes-reverse-digital-financial-inclusion-5392494
Business 16 March 2026
As Ugandan firms expand globally, transfer pricing scrutiny by the Uganda Revenue Authority intensifies, with risks from mispricing, poor documentation, and unsubstantiated service charges. Proper planning and documentation are key to avoiding penalties and disputes. Source: https://www.monitor.co.ug/uganda/business/prosper/risks-of-transfer-pricing--5392438
Business 16 March 2026
Professionally managed short-term apartments in Nairobi and Kampala yield 15-35% annually, topping rental returns amid tourism and business travel recovery. Investors should prioritize tenant demand, location, and avoid common pitfalls like chasing yields without costs. Source: https://www.monitor.co.ug/uganda/business/prosper/the-balance-between-risk-reward-in-e-africa-5392388
news 16 March 2026
Authorities in Fort Portal City have outlined a five-day plan beginning March 16 to clear street vendors, kiosks, and illegal structures from unauthorized spots, relocating them to designated markets. Vendors are pleading for more preparation time, adequate relocation spaces, and dialogue to avoid abrupt displacement. Source: https://www.monitor.co.ug/uganda/news/national/eviction-of-roadside-vendors-in-fort-portal-city-to-last-5-days-5392344
Business 16 March 2026
A Ugandan entrepreneur has launched ProGigFinder, a digital marketplace connecting skilled workers with job opportunities to combat rising youth unemployment. With nearly half of youth aged 18-30 jobless or underemployed, the platform enables profiles, bookings, and reviews for gigs in technical and digital services. Source: https://www.monitor.co.ug/uganda/business/technology/new-digital-platform-targets-uganda-s-rising-unemployment-5392622
Business 15 March 2026
Uganda has only about 6,000 certified public accountants despite needing around 10,000 to support its booming economy and 2040 tenfold growth strategy. The gap is severely impacting SMEs and the informal sector, prompting calls for government scholarships and urgent action. Source: https://www.monitor.co.ug/uganda/news/national/uganda-battles-shortage-of-certified-accountants-5392176
Business 14 March 2026
Fifteen food processing businesses in northern Uganda will benefit from Shs600 million in partial grants to adopt renewable energy and efficient technologies, tackling high upfront costs. The initiative, led by GIZ Uganda, the Ministry of Energy, and UIBFS, targets SMEs in Lango, Acholi, and West Nile sub-regions to boost productivity and cut expenses. Source: https://www.monitor.co.ug/uganda/magazines/farming/15-food-processors-to-benefit-from-shs600-million-grants-5390616
lifestyle 13 March 2026
The traditional idea of balancing work and life is an illusion; instead, experts advocate prioritizing what truly matters in the modern era. This approach helps individuals thrive amid evolving professional demands. Source: https://www.monitor.co.ug/uganda/news/rethink-the-modern-work-life-equation-5119844
energy 13 March 2026
Compensation for those affected by the East African Crude Oil Pipeline (EACOP) has reached 98% completion, as stated by Petroleum Authority of Uganda's Peninah Aheebwa during a parliamentary session. Uganda remains on track for first oil production by the end of July 2026, with significant progress in drilling and project facilities. Source: https://www.parliament.go.ug/news/4296/eacop-compensation-nears-completion-uganda-targets-july-2026-oil-production
Politics 13 March 2026
Uganda's Parliament has put the Departed Asians Property Custodian Board under scrutiny for incomplete asset registers, delayed sales, and fraud concerns more than 50 years after Idi Amin's expulsion of over 80,000 Asians. Lawmakers demanded a full verified inventory to avoid legal battles and revenue shortfalls. Source: https://www.parliament.go.ug/news/4290/custodian-board-spot-over-departed-asian-properties-inventory
Business 13 March 2026
Women are proving their competence in private security roles across Uganda, from bodyguarding to risk assessment, yet face ongoing structural challenges. Greater support and inclusion can boost the industry's capacity amid rising demand. Source: https://www.monitor.co.ug/uganda/oped/commentary/women-like-men-are-more-than-able-to-thrive-in-private-security-support-them-5389764
Business 13 March 2026
A Senegalese energy executive argues that simply increasing women's numbers in meetings isn't enough; true progress requires empowering them with decision-making power, as seen in TotalEnergies' projects in Uganda and beyond. She shares personal insights and calls for collective action to shape a fair energy future. Source: https://www.monitor.co.ug/uganda/oped/commentary/the-goal-is-not-simply-more-women-at-the-table-5389706
Business 12 March 2026
Sweden has provided €360,000 (approximately Shs1.5 billion) through SIDA to Fairtrade Africa for a two-year project promoting youth involvement in Uganda's coffee cooperatives. The initiative targets 500 young people in three Fairtrade-certified cooperatives to support the sector's growth toward a 20 million bag production goal by 2030. Source: https://www.monitor.co.ug/uganda/news/national/sweden-injects-shs1-5-billion-to-boost-youth-in-uganda-coffee-sector-5389528
Technology 12 March 2026
Centenary Group is preparing to open Uganda's first Tier III data centre in Masaka this July, promising 99.982% uptime to bolster the nation's digital economy under NDP IV. The open-access facility will support banks, telecoms, and government while keeping data sovereign within Uganda. Source: https://www.monitor.co.ug/uganda/news/national/first-tier-iii-data-centre-set-to-open-in-masaka-5389478
Business 11 March 2026
Uganda lacks direct binding trade agreements with the US, unlike neighbors like Rwanda and Kenya, relying instead on regional pacts amid new US tariffs. Despite possessing key minerals like graphite and lithium that the US needs, and recent export surges creating surpluses, no formal deal exists to boost commercial ties. Source: https://observer.ug/news/uganda-has-minerals-the-us-needs-so-why-is-there-no-trade-deal
Business 11 March 2026
President Yoweri Museveni launched Tamini General Insurance, Uganda's first Sharia-compliant insurer, during an Iftar dinner in Kampala. The move builds on recent legal reforms and Salaam Bank's success to boost financial inclusion. Source: https://observer.ug/news/museveni-launches-ugandas-first-islamic-insurance-company
Business 11 March 2026
Leaders back eye treatment camp inspired by Rajiv Ruparelia’s philanthropy. Source: https://www.monitor.co.ug/uganda/news/national/bukedea-eye-camp-to-honor-businessman-sudhir-s-late-son-rajiv-5387318
Business 10 March 2026
Tanzanian billionaire Rostam Azizi has acquired a controlling 54.08% stake in Nation Media Group from the Aga Khan Fund for Economic Development, concluding 66 years of ownership. The deal involves major East African outlets like Daily Monitor and NTV Uganda. Source: https://www.howwe.ug/news/entertainment/42609/aga-khan-sells-nation-media-empire-to-tanzanian-billionaire-rostam-azizi
Business 10 March 2026
Some landowners end up selling their land at prices far below the prevailing market rates. Source: https://www.monitor.co.ug/uganda/magazines/homes-and-property/land-valuation-to-protect-both-property-owners-and-investor-5387010
Business 10 March 2026
Rukungiri has two tarmac roads connecting it to Ntungamo and Kanungu districts. Source: https://www.monitor.co.ug/uganda/news/national/bad-roads-choke-service-sector-trade-in-rukungiri-5386426
Business 10 March 2026
If global liquidity tightens, the dollar strengthens, or frontier market risk appetite shifts. Source: https://www.monitor.co.ug/uganda/business/prosper/uganda-s-bond-boom-could-turn-into-a-forex-shock-5385844
Business 9 March 2026
Many businesses collapse during expansion because they run out of liquid funds while waiting. Source: https://www.monitor.co.ug/uganda/business/prosper/how-smes-can-avoid-costly-mistakes-5384852
Business 9 March 2026
Mr Dennis Amiria said the system that monitored the compound and store where curtain materials. Source: https://www.monitor.co.ug/uganda/news/national/cctv-shutdowns-technician-pins-businessman-s-wife-in-shs3-7b-curtain-theft-case-5385702
Business 9 March 2026
The deceased, who was a casual worker at one of the restaurants in the market, had spent the. Source: https://www.monitor.co.ug/uganda/news/national/woman-found-dead-in-lockup-at-owino-market-5385322
Business 8 March 2026
The bell that sends learners home usually brings joy and relief. But this time, pupils of. Source: https://www.monitor.co.ug/uganda/news/national/kampala-floods-what-next-for-traders--5384500
Business 8 March 2026
The bell that sends learners home usually brings joy and relief. But this time, pupils of. Source: https://www.monitor.co.ug/uganda/news/national/the-ugly-kampala-floods-what-next-for-traders--5384500
Business 8 March 2026
KCCA labeled it reckless destruction while rushing to salvage the remains. Source: https://www.monitor.co.ug/uganda/news/national/outrage-as-section-of-owino-market-is-demolished-overnight-by-unknown-people-5383916
Business 8 March 2026
For over two weeks now, residents and business operators have been living in fear as the wild. Source: https://www.monitor.co.ug/uganda/news/national/territorial-war-kite-scares-busia-residents-5384066
Business 8 March 2026
Ms Olivia Among, one of the mentees, a sociologist under the Rural Water Supply and Sanitation. Source: https://www.monitor.co.ug/uganda/news/national/govt-tips-youths-on-navigating-labour-market-5383742
Business 7 March 2026
Informality and poor records keep many Ugandan firms from listing. Source: https://www.monitor.co.ug/uganda/business/finance/why-uganda-capital-markets-don-t-serve-small-businesses-5383420
Business 6 March 2026
Graduates urged to transform accounting into decision-making role. Source: https://www.monitor.co.ug/uganda/news/national/experts-tell-accountants-to-evolve-into-strategic-business-partners-5382336
Business 6 March 2026
The latest Uganda National Bureau of Standards laboratory tests conducted on consignments. Source: https://www.monitor.co.ug/uganda/news/national/baby-foods-on-our-market-are-safe-unbs-reassures-5381764
Business 5 March 2026
This Women’s Day I am raising my whisky to the complicated business of being a 40-something woman. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/our-mothers-prepared-us-for-husbands-we-became-them-5380662
Business 5 March 2026
Rising global tensions in the Middle East are beginning to ripple through the economy. Source: https://www.monitor.co.ug/uganda/business/markets/bou-warns-of-inflation-risks-amid-escalating-iran-conflict--5381040
Business 5 March 2026
Gen Katumba defends Uganda’s co-funding of DR Congo road project. Source: https://www.monitor.co.ug/uganda/news/national/uganda-investing-in-dr-congo-roads-to-spur-cross-border-trade-govt-insists--5381394
Business 5 March 2026
Trade order drive boosts market uptake across Kampala. Source: https://www.monitor.co.ug/uganda/news/national/trade-order-crackdown-boosts-market-uptake-across-kampala-5380950
Business 5 March 2026
Global monetary policy outlook will be mostly unaffected under the baseline forecast. Source: https://www.monitor.co.ug/uganda/news/world/global-economy-faces-inflation-growth-test-amid-escalating-conflict-in-iran-goldman-5380730
Business 4 March 2026
Leader say at least 2,500 households and over 100 businesses in Paloga Sub-county are using. Source: https://www.monitor.co.ug/uganda/news/national/solar-mini-grid-lights-up-lamwo-township-5379196
Business 3 March 2026
Batu says the illicit cigarette market continued to grow due to limited enforcement, which has. Source: https://www.monitor.co.ug/uganda/business/markets/nearly-half-of-cigarettes-on-the-market-evade-taxes-batu-says-5378616
Business 3 March 2026
The new charges stem from allegations that the officials failed to put in place adequate. Source: https://www.monitor.co.ug/uganda/news/national/nine-ministry-of-finance-officials-sent-to-high-court-for-trial-over-shs60b-heist-5378274
Business 3 March 2026
The deceased has been identified as Claire Nambooze, a local businesswoman who deals in general. Source: https://www.monitor.co.ug/uganda/news/national/-gulu-businesswoman-hangs-self-over-alleged-multiple-loans-5377944
Business 3 March 2026
Having won two league titles to start his career with Sport-S, Okia is hungry for more success. Source: https://www.monitor.co.ug/uganda/sports/other-sport/okia-back-to-business-after-long-injury-layoff-5375818
Business 1 March 2026
Kashushu gave a masterclass that was equal parts pep talk, practical playbook and business. Source: https://www.monitor.co.ug/uganda/lifestyle/entertainment/kashushu-brings-digital-art-class-too-close--5375950
Business 1 March 2026
Some truck drivers heading to Kenya told this publication that they are spending over 12 hours. Source: https://www.monitor.co.ug/uganda/news/national/delays-at-busia-border-irk-truck-drivers-traders-5375972
travel 28 February 2026
Skål International Kampala marked its 30th anniversary with a gala dinner, bringing together tourism leaders to reflect on the chapter's impact and discuss the future of Uganda's tourism industry. Source: https://utb.go.ug/skal-international-kampala-marks-30-years-of-doing-business-among-friends
tourism 28 February 2026
Skål International Kampala recently marked its 30th anniversary with a gala dinner, bringing together tourism leaders to reflect on achievements and discuss the future of Uganda's travel sector. Source: https://utb.go.ug/skal-international-kampala-marks-30-years-of-doing-business-among-friends
tourism 27 February 2026
Uganda has concluded a series of tourism roadshows across Belgium, the Netherlands, and Luxembourg (BENELUX) to boost its profile as a sustainable travel destination and attract European investment. The initiative is part of the country's Economic and Commercial Diplomacy agenda. Source: https://utb.go.ug/the-pearl-of-africa-taken-to-benelux-markets-in-european-push
tourism 27 February 2026
Uganda has concluded a series of tourism roadshows across Belgium, the Netherlands, and Luxembourg (BENELUX) as part of its strategy to attract European travelers and boost investment in the 'Pearl of Africa'. Source: https://utb.go.ug/the-pearl-of-africa-taken-to-benelux-markets-in-european-push
travel 18 February 2026
A high-level UK delegation led by the Westminster Africa Business Association met with the Uganda Tourism Board to discuss strengthening bilateral tourism ties, focusing on sustainable development and investment opportunities. Source: https://utb.go.ug/uk-delegation-advances-uganda-uk-tourism-partnership
tourism 18 February 2026
A delegation from the United Kingdom, led by the Westminster Africa Business Association, has met with the Uganda Tourism Board for productive discussions aimed at enhancing tourism ties. The engagement focused on sustainable tourism, investment, and community-led growth, with both sides expressing optimism for future collaboration. Source: https://utb.go.ug/uk-delegation-advances-uganda-uk-tourism-partnership
Business 16 February 2026
President Yoweri Museveni has appointed Girma Wake, former CEO of Ethiopian Airlines, as Acting CEO of Uganda Airlines to address leadership and management issues. Current CEO Jenifer Bamuturaki has been directed to step aside immediately. Source: https://www.howwe.ug/news/national/42472/president-museveni-appoints-former-ethiopian-airlines-ceo-as-acting-ceo-of-uganda-airlines
tourism 13 February 2026
Uganda is actively promoting its potential for incentive travel at the SITE Global Congress in Abu Dhabi, aiming to attract high-spending corporate groups. The participation highlights Uganda's commitment to boosting its Meetings, Incentives, Conferences, and Exhibitions (MICE) sector. Source: https://utb.go.ug/uganda-showcases-incentive-travel-potential-at-site-global-congress-in-abu-dhabi
tourism 13 February 2026
The Uganda Tourism Board, represented by the Uganda Convention Bureau, is actively participating in the SITE Global Congress in Abu Dhabi to showcase the country's appeal for high-yield incentive travel programs. This strategic presence aims to attract key decision-makers and position Uganda within the global MICE sector. Source: https://utb.go.ug/uganda-showcases-incentive-travel-potential-at-site-global-congress-in-abu-dhabi
travel 8 February 2026
Uganda has secured the prestigious 'Best Exquisite Destination Award' at the Outbound Travel Mart (OTM) 2026 in Mumbai, India, recognizing its unique tourism offerings. The award highlights Uganda's commitment to showcasing its rich biodiversity, adventure, and cultural heritage on the global stage. Source: https://utb.go.ug/uganda-receives-otm-2026-best-exquisite-destination-award-in-india
travel 8 February 2026
Uganda has been recognized with the 'Best Exquisite Destination Award' at the Outbound Travel Mart (OTM) 2026 in Mumbai, India. The accolade highlights the country's unique tourism offerings and its growing appeal to international travelers. Source: https://utb.go.ug/uganda-receives-otm-2026-best-exquisite-destination-award-in-india
travel 2 February 2026
Uganda actively promoted its luxury and experiential tourism offerings at two major Swiss travel exhibitions, Bern Ferienmesse and FESPO Zurich, aiming to attract high-spending travelers. Source: https://utb.go.ug/uganda-strengthens-ties-with-swiss-market-at-bern-and-zurich-travel-expos