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latest market news and reviews
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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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Middle East war to spark biggest energy price surge in four years
WASHINGTON, April 28, 2026 — Global energy prices are projected to surge by 24 percent this year, reaching their highest level since Russia’s 2022 invasion of Ukraine, as the war in the…
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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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Lira City schools receive coffee seedlings to support practical learning
LIRA CITY, April 28, 2026 — A total of 7,350 coffee seedlings have been distributed to 21 schools in Lira City that have established coffee demonstration gardens, in a move aimed at…
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Kitgum recovers over Shs 6mln in PDM scam, three parish leaders jailed
KITGUM, April 28, 2026 — Authorities in Kitgum district have recovered Shs 6.1 million extorted from beneficiaries of the Parish Development Model [PDM] and remanded three parish-level suspects to Kitgum Government Prison,…
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Kayunga to host agro-industrial park aimed at boosting commercial farming
KAMPALA, April 27, 2026 — Farmers in Kayunga, Luwero and Mukono districts have a reason to celebrate after the government allocated at least 1,200 acres of land to a Chinese investor for…
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Gulu avocado cooperative elects new leadership to steer its growth
GULU, April 27, 2026 — Gulu Avocado Farmers’ Cooperative Society Limited has elected new leaders as it moves to expand its membership base, aiming to achieve economies of scale, boost innovation and…
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Tanzania launches initiative to promote transparency in cooperatives
DODOMA, April 27, 2026 — The Tanzania Cooperative Development Commission [TCDC] has officially launched the “Protect the Cooperative, Choose Integrity” campaign aimed at promoting transparency and accountability in the country’s cooperative sector.…
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Museveni commissions US$ 300mln Yaobai Cement Factory in Moroto
MOROTO, April 27, 2026 — President Yoweri Museveni, in the company of former Ethiopian Prime Minister Hailemariam Desalegn Boshe, presided over the commissioning of Phase One of US$ 300 million cement clinker…
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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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