infrastructure
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News
Finance Ministry releases over Shs 500bln for PDM
KAMPALA, April 9, 2025 — The Ministry of Finance, Planning and Economic Development [MOFPED] has released Shs 529 billion for the Parish Development Model [PDM], taking a big step in Uganda’s wealth…
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News
AEC endorses U.S. Energy Secretary Chris Wright’s support for African energy independence
JOHANNESBURG, March 9, 2025 — U.S. Secretary of Energy Chris Wright delivered a decisive message at the Powering Africa Summit in Washington, D.C., affirming that Africa must be free to harness its…
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News
EACOP: Laying of infrastructure to unlock oil production progressing well
KIKUUBE, March 4, 2025 –– The implementers of the East African Crude Oil Pipeline [EACOP] say the laying of the required infrastructure for the pipeline to transport oil from Lake Albert oilfields…
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News
Budget analysts warn gov’t against poor debt management
KAMPALA, February 11, 2025 – National budget analysts, led by the Civil Society Budget Advocacy Group [CSBAG], have issued a warning to the government regarding poor debt management and associated inefficiencies. This…
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News
UDB bosses quizzed over loan distribution
KAMPALA, February 11, 2025 –– Members of Parliament on the Committee of National Economy are concerned about distribution of the Uganda Development Bank [UDB] financing as the government seeks loans totalling US$…
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News
2025/2026 Budget: MPs call for reinstatement of Shs 750bln initially rejected by Museveni
KAMPALA, January 16, 2025 –– Members of Parliament [MPs] on the Budget Committee have called for the reinstatement of funds previously removed from the current financial year’s budget as part of the…
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News
Banks sign partnership agreement to strengthen trade finance in Africa
RABAT, December 7, 2024 — The African Development Bank [AfDB], and the Eastern and Southern African Trade and Development Bank [TDB] have signed an agreement for a US$ 150 million Trade Finance…
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News
Works, security take lion’s share of 2024/2025 national budget
KAMPALA, June 14, 2024 – The Ministry of Works and Transport and Ministry of Security have taken the lion’s share of the 2024/2025 national budget for the financial year 2024/2025 which kicks…
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National
Parliament to appraise govt mechanical workshops
KAMPALA, October 13, 2023 – Following an outcry by Members of Parliament, the Committee on Physical Infrastructure has been assigned to assess the state of regional mechanical workshops established by government. The…
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Cooperatives & Communities
Equity Bank starts disbursing funds to PDM SACCOs
KIBOGA- Equity Bank Uganda will disburse over Shs 72 million to Savings and Credit Co-operative Societies [SACCOs] in Kiboga district under the Parish Development Model [PDM]. The programme launched by President Yoweri…
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