Uganda has been ranked the third-best-performing country in Africa on the Absa Africa Financial Markets Index, underscoring the country’s progress in strengthening financial markets and maintaining macroeconomic stability. The Permanent Secretary and Secretary to the Treasury (PSST), Dr Ramathan Ggoobi, welcomed the ranking, saying it reflects Uganda’s sustained reforms and resilience amid global economic uncertainty….
KYANKWANZI — The Prime Minister, Rt. Hon. Robinah Nabbanja, has reaffirmed the government’s commitment to strengthening the capital base of the Uganda Development Bank (UDB) to enable it effectively deliver on its mandate of accelerating Uganda’s socio-economic transformation. Ms Nabbanja made the remarks on Friday while officiating at a pass-out ceremony for UDB staff who…
Uganda’s cost of living rose slightly in January 2026, while prices in the construction sector remained largely stable, according to new figures released by the Uganda Bureau of Statistics (UBOS). Presenting the findings to the media on Friday, January 30, 2026, at Statistics House in Kampala, UBOS Principal Statistician for Price Statistics, Juliet Nakayenga, said…
A proposed $5.3 billion “Smart Coffee City” project unveiled by Inspire Africa chief executive Dr Tugume Nelson O has sparked intense public debate, with supporters hailing it as a bold vision for transforming Uganda’s coffee sector, while critics dismiss it as a potential diversion and question its funding and credibility. Dr Tugume announced the plan…
Plans for a proposed “Coffee International Airport” at the Africa Coffee Park in Rwashamaire, Ntungamo District, have drawn widespread scepticism from aviation experts and critics. The park’s publicist, Duncan Abigaba, shared images on January 27 showing earthmoving at the site, announcing that the airport will feature a 5-kilometre runway and be completed within a year….