13/12/2025

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Uganda’s top finance technocrats challenge planners to end “Budget Games” and align work to national goals

Senior government technocrats have called on planners across ministries, departments and agencies (MDAs) to align their work to Uganda’s long-term development agenda while guarding against waste and manipulative budgeting practices. Speaking at a meeting of central and local government planners organised by the Ministry of Finance, Planning and Economic Development (MoFPED) at Speke Resort, Permanent…

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Lucid News Africa04 mins

Why the Ugandan shilling has been appreciating: Governor Atingi-Ego explains

For the past 14 months, the Ugandan shilling has been on a steady path of appreciation, raising questions about the underlying drivers and the role of the central bank. Speaking recently, Bank of Uganda Governor Michael Atingi-Ego broke down the factors shaping the currency’s movement—and what it means for the wider economy. Market-Driven, not manipulated…

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Lucid News Africa04 mins

Uganda’s refugee crisis deepens as aid dwindles, and tensions rise in settlements

As global attention shifts elsewhere, a silent emergency is unfolding in Uganda’s refugee settlements, where aid cuts are pushing already vulnerable communities to the brink. Nakivale Refugee Settlement, one of the oldest and largest in Uganda, is rapidly descending into crisis. Once vibrant community gardens now lie abandoned, youth programmes have stalled, and a growing…

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Lucid News Africa06 mins

“The Go-Kart Assassin”: Can Kevin Bebeto defend his crown as Uganda’s Reigning speed king?

At just 20 years old, Kevin Bebeto has earned the fierce nickname “The Go-Kart Assassin”, and for good reason. Known for his ruthless precision and relentless pace on the track, Bebeto has become a rising star in Ugandan motorsport. He doesn’t just dominate go-kart circuits he’s also ranked third in Uganda’s CRC National Championship, where…

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Lucid News Africa04 mins

Uganda needs Sh2.47 Trillion to fix crumbling roads — Katumba

Uganda needs Sh2.47 trillion to revamp its deteriorating road infrastructure, according to Works and Transport Minister Gen. Katumba Wamala. The revelation was made in a report presented to Parliament on Wednesday, July 30, 2025. Uganda’s national road network currently spans approximately 21,292 kilometres of which 6,912.1 kilometres are paved, while 14,380 kilometres remain unpaved. The…

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Lucid News Africa04 mins

Uganda triumphs in $2.3 billion Rift Valley Railway arbitration case

In a significant legal victory for Uganda, a London-based international arbitration tribunal has dismissed all claims brought against the country by investors in Rift Valley Railways (RVR). The investors had sought more than $2.3 billion in compensation, accusing Uganda and Kenya of breaching agreements related to the management of the Meter Gauge Railway (MGR). Tribunal…

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Lucid News Africa04 mins

Uganda’s economy grows to 6.3% in FY2024/25 as exports surge and inflation stays low

Uganda’s economy continues on an upward trajectory, registering a robust growth rate of 6.3% for the Financial Year 2024/25, according to the latest Performance of the Economy report released by the Ministry of Finance, Planning and Economic Development. The report, covering the month of June 2025, highlights improved economic indicators across multiple sectors including exports,…

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Lucid News Africa05 mins

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