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World Bank Boosts Uganda’s Exports Manufacturing

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The Government of Uganda has received 170 billion Shillings, part of theWorld Bank financing for the manufacturing and export value chainsthrough the INVITE Trust.The INVITE (Investment for Industrial Transformation and Employment)Project is a Government of Uganda (GoU) initiative financed by the WorldBank and other development partners. The Multi-Donor Trust Fund Grantprovides grant products for business development […]

2025/2026 Budget: Matia Kasaija’s speech in full

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I. INTRODUCTION  1. Madam Speaker, in fulfilment of Article 155(1) of the Constitution and on behalf of His Excellency the President, I present to Parliament and to the people of Uganda, the Budget for the Financial Year 2025/26 as approved by Parliament.  2. Madam Speaker, in this Speech, I will: Provide accountability on the NRM […]

National Science Week June 2025

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Dr. Monica Musenero Minister of Science Technology and Innovation hailed St.Kizito High School Namugongo for promoting science and innovations

National Science Week 2025, held in Uganda from June 15th to 20th, focused on showcasing the nation’s progress in transforming homegrown scientific ideas into market-ready products and technologies. The event, themed “Made in Uganda: Innovation to Market,” featured over 300 Ugandan innovators, researchers, and students, highlighting advancements in areas like renewable energy, health technologies, agriculture, and […]

Nankabirwa Launches Shs37bn Biomass Plant

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The Minister for Energy and Mineral Development, Ruth Nankabirwa, has commissioned a state-of-the-art Biomass Steam Plant at Uganda Breweries in Luzira, Kampala. The beer maker said the plan is representative of their commitment to sustainable reduction of its carbon footprint.Powered by locally sourced biomass materials, the plant also exemplifies the brewery’s dedication to harnessing sustainable […]

Minister Accused Of Sneaking Bujagali Into Tax Exemption Bill

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Members of Parliament on Parliament’s Finance Committee have thrown out the proposal to exempt Bujagali Hydro-electricity Limited from paying income tax for another one year.This has come after MPs discovered that the proposal was smuggled into the Income Tax Amendment Bill 2024 because there was no such proposal in the original bills tabled before Parliament […]

Finance Minister Defends Fuel Levy

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Henry Musasizi, the Minister of State for Finance, has defended the Fuel Tax levy of Shs1550 per litre, saying Uganda’s economy has recovered from the COVID-19 pandemic.The minister told Parliament’s Finance Committee that this fuel levy was also backed by MPs who in the past recommended to have tax on fuel products increased every two […]

New Board Takes Over At UNOC

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A new board of directors has taken over at Uganda National Oil Company (UNOC).The new board comprises of Mathias Katamba (Chairman), Engineer Herbert Mugizi, Justine Isenyi, Dr. Ivan Lule, Mr. Moses Kabanda, Dr. Simon Echegu, Ms. Zulaika Mirembe KasajjaThe Minister of Energy and Mineral Development, Ruth Nankabirwa, presided over the handover from Emmanuel Katongole, the […]

Cement Maker To Employee 3,600 Ugandans

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A cement factory set for opening in Moroto district will create 3,600 jobs, the Minister of Energy and Mineral Development, Ruth Nankabirwa, reveals.“This monumental project is set to generate substantial employment opportunities, with 600 jobs and 3000 indirect jobs, contributing to the economic development of Uganda,” Nankabirwa said.She was speaking at a press conference where […]

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