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Henry Musasizi delivered his first budget speech as Minister of Finance, Planning, and Economic Development on Thursday.The 84.4 trillion shilling 2026/2027 budget is aimed at implementing the government’s Tenfold Growth Strategy, aimed at growing to 500 billion dollars by 2040 from 53 billion in 2025.The economy is estimated to have grown by 6.4 percent to 69.3 billion dollars or about …

Allegations of extortion and bribery have emerged in Kikuube District against officials of the National Identification and Registration Authority (NIRA), with residents claiming they are being charged illegal fees to access services that are meant to be free.Residents from Kyangwali and Katikara parishes in Kyangwali Sub-county say NIRA officials conducting the ongoing mass national registration exercise are demanding between Shs …

The government has increased the budget for education, skills development, and sports in the 2026/27 financial year, with a small upward adjustment from the previous allocation.Currently, primary classroom teachers earn a minimum of 499,684 shillings per month regardless of their qualification, while secondary classroom teachers (arts) receive a minimum of 960,288 shillings for degree holders and 745,000 shillings for diploma …

President Yoweri Museveni has defended the government’s enforcement of the Trade Order and environmental protection measures, urging political leaders to stop what he described as “cheap politics” that encourages disorder and environmental destruction.Speaking during the presentation of the FY2026/27 national budget at Kololo Ceremonial Grounds on Thursday, Museveni used analogies from the human body to argue that every public space …

Kololo, Kampala — Under clear skies at Kololo Ceremonial Grounds, Uganda’s newly appointed Minister of Finance, Planning and Economic Development, Hon. Henry Musasizi, delivered his first national budget speech on behalf of the Government of Uganda, unveiling an ambitious Shs 84.3 trillion budget for the Financial Year 2026/27.   The budget, the largest in Uganda’s history, arrives at a pivotal …

KAMPALA, Uganda — Budget speeches often arrive with impressive figures, ambitious targets, and promises of transformation. Yet the true measure of a national budget is not what is announced on presentation day, but what changes in the economy over time.   The FY 2026/27 National Budget, presented by Finance Minister Henry Musasizi on June 11, 2026, marks perhaps the most …

KAMPALA — Across East Africa, finance ministers have presented some of the most ambitious budgets in the region’s history. Collectively, Uganda, Kenya, Tanzania, and Rwanda are planning to spend well over US$90 billion in the 2026/27 financial year, while the wider region, including the Democratic Republic of Congo and Ethiopia, is mobilizing public expenditures exceeding US$125 billion. The numbers are …

By Rukidi Rwakasimbi of KigambanankwaleDear leaders of all political stripes and citizens of the Republic,The President’s State of the Nation Address found me under the shade of my 60-plus-year-old mango tree. This season, it did not produce fruit, meaning it will bear them in December. As a peasant, I was most concerned with farming.As you may be aware, this year …

By Evans NajunaIt was a change of guard at the Ministry of Finance as Hajjat Amina Mukalazi officially took over from Evelyn Anite as State Minister for Privatization and Investment, vowing to attract more investors, create jobs and accelerate Uganda’s industrial growth.The handover ceremony, witnessed by Permanent Secretary and Secretary to the Treasury Dr. Ramathan Ggoobi, marked the end of …

Centenary Bank, the leading commercial microfinance bank, has reaffirmed its commitment to community development and youth empowerment through sportsmanship with a sponsorship package worth UGX 200 million for the 22nd edition of the Masaza Cup tournament.The contribution was announced at Bulange, Mengo, during the official launch of the 2026 Masaza Cup, one of Uganda’s most celebrated sporting and cultural events …