Uganda, Japan launch final cohort to nurture market-ready startups
Zawedde said the initiative is building a pipeline of technology entrepreneurs who will contribute to Uganda's economic transformation.
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Government raises Sh2.5 trillion from treasury bills, bonds in June
According to the Ministry of Finance's June 2026 Performance of the Economy Report, the Government conducted three domestic securities auctions during the month, comprising two Treasury Bill auctions and one Treasury Bond auction, raising a total of Sh2.50 trillion.
Government exceeds revenue target by Sh800b
Domestic revenue collections reached Sh5.72 trillion, of which Sh5.57 trillion came from taxes and Sh156.33b from non-tax revenue.
US readies new tariffs as Trump's 10% global levy to expire
"The US has laws to prohibit trading goods with forced labor. Other countries, most don't have a law, those that do don't really enforce it," Greer told CNBC on Tuesday."We expect to see some action soon," he added, although saying he could not specify a timeline.
Uganda economy grows despite Middle East tensions
The Ministry of Finance's June 2026 Performance of the Economy Report indicates that the economy expanded by 6.4% in FY2025/26, slightly higher than the 6.3% growth recorded in the previous financial year.
Microsoft strikes deal for Mistral's AI computing power
The agreement "strengthens Europe's AI infrastructure while helping Microsoft meet growing demand for cloud and AI services" on the continent, the two companies said in a joint statement.
Naguru restaurant demolished over planning breaches
KCCA officials said the operations are part of the authority's continued efforts to ensure developments across the city comply with physical planning requirements and do not compromise communities, planned infrastructure or public spaces.
Corporate demand keeps shilling weak in Monday’s session
Traders said limited dollar inflows offered little support to the local currency, which weakened to close at 3705/3715 compared to its opening levels of 3690/3700.
Weekly Wrap: Turnover jumps 37% as NIC shares surge 10%
Stanbic Holding exchanged shares worth sh287m ($77,960) from a volume of 3,590,812. Umeme Limited followed with sh220m ($59,740) from 3,498,480 shares, while Bank of Baroda dealt sh185.2m ($50,207) from 3,086,950 shares.
EADB profit jumps 51% to $16.9m
The 51% jump in profitability was driven by a growing loan book, higher recoveries on previously written-off loans and lower operating costs, the report shows.
Tayebwa urges developing nations to stop exporting raw minerals
"Exporting unprocessed minerals is, in effect, exporting jobs, industries and wealth. We must process our minerals at source, build regional value chains and manufacture higher-value products if we are to create employment, increase revenue and transform our economies," Tayebwa said.
UEDCL launches sh16b works in Rwenzori
“We had so many power interruptions occasioned by poles falling in the park due to bush fires which deteriorated their lifespans,” Okoch said during the ground breaking of the works at Kasese district offices on Wednesday.
Minister Bahati defends foreign investments
“Whoever comes and puts up a factory, whether you are a Ugandan or a foreigner, as long as you are employing our people, you are welcome,” he emphasised.
Museveni returns Income Tax and Excise Duty amendment bills to Parliament
“The President is against the passing into law of Clause 11 of the Income Tax (Amendment) Bill, 2026,” Tayebwa said while communicating the President's message to the House.
Uganda prioritises infrastructure in the sh23 trillion for first quarter expenditure
Addressing the media at the Ministry of Finance headquarters on Thursday, Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi said the release represents 27 % of the approved national budget of sh84.39 trillion for the 2026/2027 financial year.
Govt warns accounting officers against budget indiscipline
Releasing the funds at the finance ministry headquarters on Friday (July 10), the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, said the release represents 27 percent of the approved national budget of sh84.39 trillion for the 2026/2027 financial year.
Govt approves construction of sh184.4b medical manufacturing facility
Beyond improving healthcare services, the investment is expected to employ over 6,000 youths across manufacturing, logistics, research, and related value chains and skills development, among other contributions.
NOTU urges informal sector workers to formalise their businesses
“After internalising the research, we will disseminate the information to the communities. When some people carry out research, they don't give us feedback,” Bigirwa asserted.
Minister halts Kayungwe-Kinkiizi gold mining, orders miners to form cooperatives
Nyamutoro directed the Uganda Police Force to arrest anyone found using mercury in mining operations.
FINCA ordered to pay former employee sh51m for unfair dismissal
Bajunana sued Finca after he was dismissed from his position as Recovery Officer on February 17, 2018, following allegations of poor performance.
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