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Budget deficit widens as govt spending overruns revenues

Uganda, May 6 -- Government continues to face growing fiscal pressure after spending significantly exceeded revenue collections in the first seven months of the 2025/26 financial year. The State of t... Read More


Our firms can't meet growing textile demand, Anite says

Uganda, May 3 -- Uganda's textile industry continues to face mounting pressure as limited domestic production struggles to meet the clothing needs of a growing population and an expansive regional mar... Read More


AfDB approves Shs31.8b for rural electrification project

Uganda, April 23 -- The African Development Bank Group has approved €7.33 million (about Shs31.856 billion) in additional financing to finalize compensation payments for individuals affected by ... Read More


PSFU raises INVITE Funding to $40,000 in third call

Uganda, April 19 -- The Private Sector Foundation Uganda has increased the funding for individual firms under the Investment for Industrial Transformation and Employment (INVITE) project to $40,000 (S... Read More


Uganda courts US investors for high-return opportunities

Uganda, April 15 -- Uganda has stepped up its appeal to American investors, highlighting high returns, and expanding market access as key reasons to invest in the East African nation. Speaking during... Read More