News
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Regional weatherman warns of heavier rainfall in the months ahead
KAMPALA, February 2, 2026 — The regional body responsible for weather monitoring in Eastern Africa has warned that the region is likely to experience wetter-than-normal conditions from February through to May 2026.…
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S&P assigns ‘A/A-1’ ratings with a positive outlook to AFC reflecting its robust credit profile
KAMPALA, February 1, 2026 — Africa Finance Corporation [AFC], the continent’s leading infrastructure solutions provider, today welcomed the assignment of ‘A’ long-term and ‘A-1’ short-term issuer credit ratings, with a Positive Outlook,…
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NARO embarks on revamping livestock production research programmes
SERERE, February 1, 2026 — The National Agricultural Research Organisation [NARO] has launched a major revamp of animal production research at its National Semi-Arid Resources Research Institute [NaSARRI] in Serere District, marking…
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Stanbic Bank targets salaried and self-employed Ugandans with ‘Oli In Charge’ loan campaign
KAMPALA, January 31, 2026 — Stanbic Bank Uganda has launched the ‘Oli In Charge’ campaign to provide affordable financing solutions for both salaried and self-employed workers, helping them achieve their financial goals.…
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Only Shs 9.34bln recovered from PDM beneficiaries-Auditor General
KAMPALA, January 31, 2026 — Only Shs 9.340 billion has so far been recovered from beneficiaries of the Parish Development Model [PDM] despite government having cumulatively released more than Shs 3.258 trillion…
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‘Education, sports budget cuts will affect AFCON preparations’
KAMPALA, January 31, 2026 — The Ministry of Education and Sports [MoE&S] has warned that sharp budget reductions for the 2026/2027 financial year threaten key commitments in education and sports, including teacher…
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WCU disburses Shs 480mln to teachers in Acholi for personal development
GULU CITY, January 31, 2026 — The Walimu Cooperative Union [WCU] says it has disbursed a total of Shs 480 million to government teachers in the Acholi Subregion since 2022. Francis Otema,…
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Gov’t and Standard Chartered sign Shs 2.747 trillion agreements to finance key infrastructure projects
KAMPALA, January 31, 2026 — The Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth Shs 2.747 trillion to fund three major infrastructure projects aligned with the Government’s…
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AfDB approves new programme to Help African countries turn energy promises into power for millions
ABIDJAN, January 31, 2026 — The Board of Directors of the African Development Bank [AfDB] has approved a new US$ 3.9 million, two-year technical assistance project to support African countries in the implementation of their…
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