BusinessFocus Reporter

Michael Atingi-Ego President Yoweri Museveni has appointed Dr Michael Atingi-Ego as the substantive Governor of Bank of Uganda. Faruk Kirunda, Deputy Press Secretary, Office of the President confirmed the appointment. He revealed that the President also appointed Prof. Augustus Nuwagaba, a former economics lecturer at Makerere University as BoU's deputy

Winners pose for a photo at the 2024 Annual Agents Awards and 2025 Incentives Launch at the Golf Course Hotel in Kampala.     The Old Mutual Investment Group (OMIG), a black-owned African investment manager with a strong history of fostering investment growth, hosted the 2025 edition of the 2024 Annual

Parliament has approved a request by the Ministry of Public Service to allocate Shs5 billion for recognizing individuals who contributed to Uganda’s independence. The initiative aims to instill patriotism, unity, and national pride among future generations. The decision followed the presentation of the 2025/26 Budget Framework Paper by Achia Remigio,

The Ministry of Works and Transport is considering a second closure of Karuma Bridge on the River Nile to complete critical repair works on the facility that connects northern Uganda to the central region. Gen. Katumba Wamala, Minister for Works and Transport, revealed this on Wednesday while appearing before Parliament’s

UNEB Executive Director, Dan Odongo.    The Uganda National Examinations Board (UNEB) is seeking to revise the working conditions for Examination Markers and Checkers following protests in December 2024 over low pay. The proposed changes include requiring markers to stay within designated premises during the exercise. James Kubeketerya, Chairperson of

Members of Parliament on the Budget Committee have expressed concerns over State House’s request for UGX83.033Bn to cover presidential donations and an additional UGX10Bn to purchase vehicles for President Museveni ahead of the 2026 general elections. The request was presented by Alex Byarugaba, Chairperson of the Presidential Affairs Committee, while

Parliament has approved a supplementary budget of overShs1.2 trillion to facilitate the transfer of funds from rationalised government agencies to the receiving institutions.   The supplementary expenditure schedule No.2 for the financial year 2024/2025 was presented by the Minister of State for Finance, Planning and Economic Development (General Duties), Hon.