Post-budget dialogue reveals strong prospects in extractives and energy under NDP IV, with government and UCEM urging faster implementation and inclusive investment Kampala, Uganda | JULIUS BUSINGE | When Charles Oleny Ojok, Deputy Executive Director at the National Planning Authority (NPA), took to the podium at the Uganda Chamber of Energy …
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Is this allocation for all Ugandans? Kiryandongo, Uganda | JULIUS BUSINGE | “I’ve heard the government has increased the budget for agriculture again. But how exactly will that help my small onion and maize farm here in Kiryandongo?” wondered a 32-year-old farmer in Mutunda sub-county, reflecting on the newly announced national …
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As Uganda’s development bank posts strong results, calls grow for sustainable government support to meet rising demand Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank (UDB), the country’s leading state-owned development finance institution, has reported a robust net profit of Shs 57.8 billion ($15.4 million) for the year ending 2024—an …
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Uganda’s Shs 72 trillion budget bets on wealth creation and growth in election run-up for next financial year ANALYSIS | JULIUS BUSINGE | As Uganda prepares to enter a heated election season in 2026, the government unveiled an ambitious Shs 72.1 trillion budget for the 2025/2026 financial year. Presented at Kololo …
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Kampala, Uganda | Julius Businge | Civil society organizations under the Civil Society Budget Advocacy Group (CSBAG) have today (June 18) urged the government to address persistent structural and implementation gaps in the 2025/26 National Budget, warning that without urgent action, key national development targets may remain unmet. The call …
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Kampala, Uganda | Julius Businge | The Uganda Chamber of Energy and Minerals CEO, Humphrey Asiimwe, has lauded the government’s allocation of Shs 875.8 billion in the upcoming financial year towards mineral- based industrial development, including oil and gas. Speaking during the Civil Society Budget Advocacy Group’s (CSBAG) post-budget dialogue held …
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The company eyes to connect 225,000 new customers over the next eight months through its 100 service centers Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited (UEDCL) is investing Shs267.5 billion ($74 million) to refurbish electricity lines, install over 518 transformers, and construct new substations in a …
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Progress, power, and the promise of transformation ANALYSIS | JULIUS BUSINGE | On June 5, the Kololo Ceremonial Grounds in Kampala were sealed off—an exclusive zone accessible only to those clutching invitation cards, as President Yoweri Kaguta Museveni delivered the highly anticipated State of the Nation Address. Under the afternoon sun …
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Navigating growth ambitions amid debt rising for the FY 2025/26 COVER STORY | JULIUS BUSINGE | Uganda’s Parliament has approved a national budget of Shs72.4 trillion (approximately US$20 billion) for the fiscal year 2025/2026 (July-June), marking a slight increase from the previous year’s Shs72.1 trillion. Finance Minister, Matia Kasaija is set …
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Kampala, Uganda | JULIUS BUSINGE | dfcu Bank has announced a strategic partnership with World Navi Company Limited, a prominent Japan-based motor vehicle dealership, introducing a groundbreaking Vehicle and Asset Financing solution. This initiative is designed to make car ownership in Uganda more accessible, reliable, and affordable for both individuals and …
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The Independent Uganda: You get the Truth we Pay the Price
