Uganda has begun 2026 with strong momentum in its agriculture sector, posting record export earnings, expanded irrigation coverage and scaled-up disease control as part of a broader push to raise productivity, household incomes and agro-industrial growth. New figures released by the Ministry of Agriculture, Animal Industry and Fisheries show agricultural exports rising sharply to USD…
As 2025 draws to a close, Uganda’s economy shows resilience amid global and domestic challenges, but underlying fiscal and social pressures suggest the country faces a complex mix of opportunities and risks heading into 2026. Economic data indicate that Uganda’s real GDP grew by an estimated 6.3 percent in the 2024/25 financial year, supported by…
Kampala, Uganda – The East African Crude Oil Pipeline (EACOP) Ltd has signed a memorandum of understanding with the Industry Enhancement Centre (IEC) in a move intended to tackle long standing capacity gaps among Ugandan Small and Medium-sized Enterprises hoping to participate in the oil and gas sector. The partnership places the IEC in a…
Diamond Trust Bank (DTB) Uganda has been named the winner of the Sport Award of the Year at the first-ever Annual Bankers’ Awards, an event launched to evaluate and celebrate performance across Uganda’s financial sector. The awards, organised by the Uganda Bankers’ Association (UBA) in collaboration with the Uganda Institute of Banking and Financial Services…
Business owners in Masindi Municipality have petitioned local authorities to reconsider the timing of a trade show planned for 18 December 2025 to 2 January 2026, warning that the event could severely affect end-of-year earnings for local traders. The traders, representing small and medium-scale businesses across the municipality, submitted a petition to the Central Division…
Airtel Money has partnered with international payments firm Juba Express to roll out cross-border money transfers targeting Uganda’s growing diaspora connections and rising outflows to neighboring countries. The service, now accessible through Airtel’s *185# USSD menu, allows customers to send money to more than 120 countries directly from their mobile wallets. The move comes as…
The East African Crude Oil Pipeline (EACOP) Ltd and the Belgian Development Agency, Enabel, have signed a Memorandum of Understanding aimed at strengthening human rights practices within Uganda’s energy sector, an area that has faced ongoing scrutiny from civil society groups and international observers. The agreement, signed on Thursday in Kampala, falls under an EU-funded…
Uganda’s economic prospects have received a boost following a decision by S&P Global Ratings to revise the country’s outlook from stable to positive, citing resilient growth, improved external balances, and recovery from recent global and domestic shocks. The revision, announced on 7 November 2025, maintains Uganda’s B-/B sovereign credit rating and reflects confidence in the…
The Second Annual Doing Business Forum opened today at the Golf Course Hotel in Kampala under the theme “Enhanced Public Sector Efficiency for Private Sector Competitiveness.” The high-level forum brought together policymakers, private sector leaders, and development partners to explore strategies for improving government efficiency as a driver of business growth and economic transformation. In…
The East African Crude Oil Pipeline (EACOP) Ltd, in collaboration with Hoima City authorities, has launched construction works on the 7.5-kilometre Nyamasoga–Katooke Road in Buseruka Sub-county, Hoima District. The road project, part of EACOP’s Socio-Economic Investment (SEI) programme, is aimed at improving access, trade, and livelihoods for communities living along the crude oil pipeline route….
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