Government released a first tranche of UGX 529 billion ($145 million) to fund more than 10,589 cooperatives. Each cooperative will receive UGX 50 million (about $13,700) starting November 19, 2025.

About three-quarters of a $5 billion pipeline crucial for exporting crude oil from Ugandan fields through neighbouring Tanzania has been built, Uganda's state-run sector regulator said on Wednesday.

Uganda is seeking to keep a wider budget deficit as it negotiates a new programme with the International Monetary Fund worth ...