Business

Economic news, business developments, and market updates from Uganda

News Summaries

26 minutes ago
1 sources

Uganda's Red Pepper Boss Earns PhD in Journalism at Makerere

THE STORY Prominent Ugandan journalist, media entrepreneur and STEM advocate Arinaitwe Rugyendo has been awarded a Doctor of Philosophy in Journalism...

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1 hours ago
1 sources

Uganda Gets €40M AFD Boost for Economic Transformation

THE STORY Uganda’s economic transformation agenda has received a boost following the signing of a €40 million financing agreement between Agence Franç...

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3 hours ago
1 sources

Equity Bank Uganda Migrates Data Centre to Raxio

THE STORY Equity Bank Uganda has completed the migration of its core data centre operations to the Raxio Data Centre in Namanve Industrial Park. The b...

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15 hours ago
1 sources

Jubilee Dental Earns ISO 9001:2015 Certification in Uganda

THE STORY Jubilee Dental Ltd has been awarded the ISO 9001:2015 Quality Management Systems Certificate. The company has become the only private health...

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18 hours ago
1 sources

Uganda, Botswana Boost Public Investment Management Systems

THE STORY Uganda’s Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, on Thursday hosted a high-level delegation from Botswana’s Mini...

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21 hours ago
1 sources

Uganda Judiciary Seeks Funding to Cut Case Backlog

THE STORY The Judiciary has formally presented its funding requirements for the 2026/2027 financial year. According to The Independent, the request se...

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23 hours ago
1 sources

Makerere University Gets $162M Loan for Upgrade in Uganda

THE STORY The Ugandan government has secured a $162 million loan to upgrade Makerere University. The loan is intended to address longstanding challeng...

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23 hours ago
1 sources

Uganda Local Revenue Shortfall Hits Sh52bn Due to System Failures

THE STORY Local Governments have blamed taxpayers’ resistance and persistent system failures for undermining revenue collection. This follows the Audi...

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1 day ago
1 sources

Uganda's Exports Hit 10-Year High, Gold Leads Surge

THE STORY According to new data from the Bank of Uganda, Uganda’s merchandise export earnings reached a 10-year high of $13.43 billion in 2025. This f...

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1 day ago
1 sources

Peter Mukuru Joins Uganda Development Bank as Tech Director

THE STORY Peter Mukuru has recently joined Uganda Development Bank (UDB) as the Director of Business Technology. UDB is described as the country’s Dev...

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1 day ago
1 sources

Uganda Revises 2026-27 Budget to 78.24 Trillion Shillings

THE STORY The Ugandan government has revised its proposed national budget for the 2026-27 financial year to 78.24 trillion shillings. This marks an 8....

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1 day ago
1 sources

Absa Bank Uganda Launches 2026 Company of the Year Competition

THE STORY Absa Bank Uganda, in partnership with Junior Achievement Uganda, today officially announced the start of the 2026 Company of the Year school...

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