Uganda
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News
Uganda’s coffee exports surge in May 2025 – new report
KAMPALA, June 24, 2025 — Uganda’s coffee exports reached new heights in May 2025, with a total of 793,445 60-kilo bags valued at US$ 243.95 million [approximately Shs 875.142 billion] exported, according…
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Lango cultural leader lauds Museveni for injecting Shs 128bln under PDM
LIR CITY, June 23, 2025 –– Won Nyaci of Tekwaro Lango Eng. Dr Michael Odongo Okune has lauded President Yoweri Museveni for injecting Shs 126 billion under Parish Development Model [PDM[ in…
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Museveni rallies rural communities to defend peace, pledges to fight crime
BUIKWE, June 23, 2025 –– President Yoweri Museveni has today called for tighter coordination between local communities and the police to preserve Uganda’s peace which has been in existence for decades. Speaking…
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EACOP enhances local talent development with flagship training programme at UPIK
KIRYANDONGO, June 21, 2025 – – The East African Crude Oil Pipeline [ EACOP ] project has reaffirmed its commitment to nurturing local talent with a high-level delegation visit to the Uganda…
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UDB reports net profit of Shs 57.8 billion as total assets grow by 7 percent in 2024
KAMPALA, June 20, 2025 –– Uganda Development Bank Ltd [ UDB ] has reported a net profit after tax of Shs 57.8 billion for the year ended December 31, 2024, representing a…
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Positive customer demand bolsters business conditions in May
KAMPALA, June 19, 2025 –– Confidence in Uganda’s private sector rose to its highest level in nearly two years, as the headline Stanbic Bank Purchasing Managers’ Index [PMI] climbed to 56.4 in…
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WSACCO empowers UPDF soldiers in Somalia with financial literacy
KAMPALA, June 19, 2025 —Wazalendo Savings and Credit Cooperative Society [WSACCO] has launched a financial literacy and empowerment campaign targeting Uganda Peoples’ Defence Forces [UPDF] troops deployed in Somalia under the United…
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Gov’t to leverage commercial diplomacy to promote foreign trade and investment
KAMPALA, June 18, 2025 –– Government, through the Ministry of Foreign Affairs, plans to adopt commercial diplomacy as a strategic approach to promote Ugandan goods and services in countries where it maintains…
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Speaker Among urges government to include local leaders in PDM to enhance effectiveness
SHEEMA MUNICIPALITY –– The Speaker of Parliament, Anita Among, recently urged government to include local leaders in the implementation of the Parish Development Model [PDM], in order to improve its monitoring and effectiveness…
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UMEME reports Shs 511bln loss, seeks Shs 1trn buyout
KAMPALA, June 16, 2025 – – Uganda’s former power distributor, UMEME Limited has posted a net loss of Shs 511 billion for the financial year ended December 31, 2024, concluding a difficult…
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