KAMPALA, June 2, 2026 — Uganda’s new Minister of Finance, Planning and Economic Development, Henry Musasizi, has outlined an ambitious economic agenda aimed at transforming the country into a US$ 500 billion economy by 2040. Speaking after appearing before Parliament’s Appointments Committee yesterday, following his nomination to the Cabinet for the 2026–2031 term, Musasizi who …
KAMPALA, June 2, 2026 — International tourism increased by 2 percent in the first quarter of 2026 despite growing geopolitical and economic uncertainty, according to the latest data released by UN Tourism. The agency reported that about 307 million tourists travelled internationally between January and March, around six million more than during the same period …
KAMPALA, June 2, 2026 — Equity Bank Uganda has reaffirmed its commitment to extending financial support to more Savings and Credit Cooperative Organisations [SACCOs] as part of its efforts to promote financial inclusion across the country. The bank also pledged to strengthen its support for micro-businesses and grassroots enterprises operated by SACCO members through tailored …
UGAFODE Financial Pathways KAMPALA, June 2, 2026 — Uganda is at a crucial stage in its economic development. Over the past two decades, the country has achieved steady economic growth, expanded digital connectivity, and improved access to financial services. Yet a significant portion of economic activity still operates outside the formal banking system, limiting the …
LIRA CITY, June 2, 2026 — Farmers in Northern Uganda have been encouraged to embrace mechanised agriculture, with experts noting that a tractor can plough between 10 and 15 acres of land per day, far surpassing the capacity of hand hoes, ox-ploughs, and donkeys. Speaking at the Northern Uganda Agribusiness Expo organised recently by the …
HOIMA CITY, June 2, 2026 — In the heart of Uganda’s oil-rich Bunyoro sub-region, a football revolution is quietly taking shape. What began as a community initiative in 2010 has grown into one of the most compelling success stories in Ugandan football. Today, Kitara FC — affectionately known as The Royals and The Pride of Bunyoro …
