Simon Kabayo
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News
Gov’t secures over Shs 11bln to boost clean energy access in Uganda
KAMPALA, April 30, 2026 — Uganda’s energy transition has gained fresh momentum after Absa Bank Uganda and the Uganda Energy Credit Capitalisation Company [UECCC] signed a Shs 11.085 billion concessional financing agreement…
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Major sustainability drive launched in Kampala to align financial sector with global standards
KAMPALA, April 29, 2026— The Governor of the Bank of Uganda [BoU], Michael Atingi-Ego, has unveiled a major sustainability initiative aimed at aligning Uganda’s financial sector with global environmental, social and governance…
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New reforms rolled out to strengthen PDM SACCO governance
KAMPALA, April 29, 2026 — Government has unveiled a raft of strategic reforms aimed at strengthening governance, accountability and community participation in the Parish Development Model Savings and Credit Cooperative Organisations […
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Sovereignty Bill risks shilling collapse, investor exodus and debt crisis, BoU’s Atingi-Ego warns parliament
KAMPALA, April 29, 2026 — The Governor of the Bank of Uganda [BoU], Michael Atingi-Ego, has cautioned Parliament that passing the Protection of Sovereignty Bill, 2026 in its current form could destabilise…
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World Bank urges Uganda to exercise caution over Sovereignty Bill
KAMPALA, April 28, 2026 — The World Bank Group [WBG] has joined individuals and organisations expressing concern over Uganda’s controversial Protection of Sovereignty Bill, 2026. The Group has warned the Ugandan Parliament…
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House passes Shs 84.3 trillion 2026/27 national budget
KAMPALA, April 27, 2026 — Parliament has passed a Shs 84.3 trillion national budget for the 2026/2027 financial year following the adoption of the Appropriation Bill and the report of the Budget…
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Uganda: Lending rates rise to 18.73 percent in February 2026
KAMPALA, April 23, 2026 — Uganda’s weighted average lending rates in February 2026, reflected divergent movements between shilling-denominated and foreign currency-denominated credit. While shilling lending rates recorded a marginal increase, foreign currency…
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Posta Uganda launches online trade platform to ease transactions
KAMPALA, April 22, 2026 — The Government has launched Postcom, a new online shopping platform operated by Posta Uganda, aimed at making it easier for Ugandans to buy and sell goods and…
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House passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors
KAMPALA, April 21, 2026 — Parliament has passed the Value Added Tax [ VAT ] Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax…
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Uganda’s exports jump 63.7 percent year-on-year in February 2026
KAMPALA, April 21, 2026 — Uganda’s export earnings rose by 63.7 per cent year-on-year to US$1,374.18 million in February 2026, up from US$ 839.28 million in February 2025, according to a new…
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