infrastructure
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News
Public debt takes lion’s share of Uganda’s Shs 72 trillion budget
KAMPALA, June 12, 2025 –– Finance Minister Matia Kasaija is set to present to Parliament the Shs 72.376 trillion National Budget for the financial year 2025/26, which kicks off on July 1,…
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11th Parliament begins final session with spotlight on achievements
KAMPALA, June 7, 2025 — The 11th Parliament on Thursday entered its final session, with Speaker Anita Among declaring the House a “people-centred legislature” that will leave an indelible mark on the…
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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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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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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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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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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$…
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2025/2026 Budget: MPs call for reinstatement of Shs 750bln initially rejected by Museveni
KAMPALA, January 16, 2025 –– Members of Parliament [MPs] on the Budget Committee have called for the reinstatement of funds previously removed from the current financial year’s budget as part of the…
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Banks sign partnership agreement to strengthen trade finance in Africa
RABAT, December 7, 2024 — The African Development Bank [AfDB], and the Eastern and Southern African Trade and Development Bank [TDB] have signed an agreement for a US$ 150 million Trade Finance…
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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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