Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has advised smaller companies to merge with others so as to make the insurance industry stronger and better. Uganda today has eight life insurance companies and 10 non-life insurance providers licensed, and these recorded a total of sh1.76 trillion in …

WASHINGTON | TASS & XINHUA |  US President Donald Trump stated that he had already warned Iran of consequences in case it refuses to conclude an agreement on its nuclear dossier, he recalled on Truth Social. “There has already been great death and destruction, but there is still time to …

Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …

As Zimbabwe prepares to host a global wetlands summit, its own wetlands are disappearing at an alarming rate. Harare, Zimbabwe | Linda Mujuru Global Press Journal ZIMBABWE |  Not long ago, grass and flowers grew on the wetland in Borrowdale. Flocks of birds — including red and yellow bishops — were common here, …

Kampala, Uganda | THE INDEPENDENT |  A coalition of Ugandan legal professionals has demanded the full revocation of the Express Penalty Scheme (EPS) Regulations and Speed Limit Regulations, describing them as illegal, unconstitutional, and procedurally defective. In a strongly worded statement released Wednesday, the lawyers welcomed the Ministry of Works and …

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Annet Anita Among, has officially confirmed that eight Members of Parliament have switched political allegiance from the Forum for Democratic Change (FDC) to the People’s Front for Freedom (PFF). The announcement was made during a special parliamentary sitting held on Thursday …

Arua, Uganda | THE INDEPENDENT | Ugandans in West Nile have expressed concern over what they described as the ‘little impact’ of the budget on the region. The government has earmarked over sh74 trillion for the financial year 2025-2026, up from sh52 trillion , with priorities in security, infrastructure, science …

Kampala, Uganda | THE INDEPENDENT | The government has reduced its allocation to the education and sports sector in the upcoming financial year 2025/26, raising concerns among stakeholders over the country’s commitment to human capital development. According to budget estimates presented by Finance Minister Matia Kasaija, the government plans to …

  Kampala, Uganda | THE INDEPENDENT | The government has allocated Shs 9.9 trillion to bolster security, justice, and governance in the country in the 2025/2026 financial year. “Madam Speaker, security, good governance, and the rule of law are the foundation for socio-economic transformation,” Finance Minister Matia Kasaija said, outlining key …

How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …