Finance
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News
Kapchorwa District Council approves Shs 32bln budget for FY 2026/2027
KAPCHORWA, June 3, 2026 — Kapchorwa District Council has officially approved a Shs 32 billion budget for the financial year [FY] 2026/2027, which begins on July 1, 2026. The budget was passed…
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New Finance Minister Unveils Ambitious Roadmap for Uganda’s Economic Growth
KAMPALA, June 2, 2026 — Uganda’s new Minister of Finance, Planning and Economic Development, Henry Musasizi, has outlined an ambitious economic agenda aimed at transforming the country into a US$ 500 billion…
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Invest Africa, and FirstBank UK to Host Joint Closing Reception as part of The Africa Debate 2026
LONDON, June 1, 2026 — The Mayor of London and FirstBank UK have announced a joint Closing Reception, marking the conclusion of The Africa Debate 2026, taking place this Wednesday at The…
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Uganda launches e-accounting tool to formalise SMEs and boost revenue collection
KAMPALA, May 22 2026 — The Government of Uganda has launched a simplified electronic accounting platform aimed at helping informal small and medium-sized enterprises [SMEs] transition into compliant, growth-oriented businesses, as part…
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Kafu set to become major tourist hub with multi-billion project
MASINDI, April 29, 2026 — Plans to transform Kafu into a major tourist stopover are gathering pace following the completion of a draft feasibility study for the multi-billion project. The National Planning…
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Parliamentary report calls for reform of PDM funding structure to ensure equity
KAMPALA, April 20, 2026 — The Parliamentary Committee on Finance, Planning and Economic Development has called for an urgent review of the Parish Development Model [PDM] funding structure, warning that its uniform…
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South Africa: SALGA, Global Trust Project launch municipal trust pilot
JOHANNESBURG, April 16, 2026 — The South African Local Government Association [SALGA] and The Global Trust Project [TGTP] have signed a three-year memorandum of understanding to pilot the Trust Equity Framework [TEf]…
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Local councils intensify revenue drive as LEGS project set to boost rural economies
BUSHENYI, April 10, 2026 — Local authorities in Bushenyi district have stepped up efforts to strengthen domestic revenue mobilisation, as a new development initiative promises to inject fresh capital into rural economies.…
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AfDB approves US$ 5.65mln for new off-grid climate finance in fragile African states
KAMPALA, March 30, 2026 — The African Development Bank Group [AfDB] has approved a US$ 5.65 million reimbursable grant from the Sustainable Energy Fund for Africa [SEFA] to pilot the Peace Renewable…
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Afreximbank, FCI to host landmark trade finance conference in Kampala
KAMPALA, March 24, 2026 — African Export-Import Bank [Afreximbank] and FCI will jointly host the Africa Regional Conference on Factoring, Receivables Finance and Credit Insurance on April 15-16, 2026 in Kampala, Uganda,…
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