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@theScribeUganda Tue, 29 Sep 2026 11:06:19
Uganda's Cash Economy and the Bank of Uganda's New Cash Withdrawal Limits
By Atusasire Edmund Researcher Uganda is increasingly transitioning towards digital financial services, but the country remains substantially cash-dependent. This reality is important in assessing the Bank of Ugandas decision to introduce new over-the-counter cash withdrawal limits from 1 January 2027. According to the Bank of Uganda (BoU), individuals will be subject to a Shs50 million daily cash withdrawal limit and a Shs500 million weekly limit, while corporate and business accounts will have a Shs250 million daily and Shs2.5 billion weekly limit. The limits apply to over-the-counter withdrawals and do not apply to electronic payment channels such as Real Time
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@theScribeUganda Tue, 29 Sep 2026 09:24:27
Minister Musasizi: Uganda Must Finance Its Own Transformation, Not Relying on Borrowing and Donors
By Wilfred Arinda Nshekantebirwe The Minister of Finance, Planning and Economic Development, Hon. Henry Musasizi, has said Uganda must increasingly finance its own development if it is to achieve its target of growing into a USD 500 billion economy in the next 15 years. He made the remarks today while addressing the URA Engagement with Committees of Parliament under the theme Domestic Revenue Mobilization for Ugandas Economic Independence and Fiscal Self-Reliance. Hon. Musasizi, said the meeting was not just about taxes or URA collections, but about Ugandas fiscal self-reliance and economic independence. The Committees of Parliament represented here have mandates
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@theScribeUganda Tue, 29 Sep 2026 10:27:08
Minister Musasizi to URA: Tax Payer is Not the Enemy, Help Small Businesses to Grow
By Wilfred Arinda Nshekantebirwe The Minister of Finance, Planning and Economic Development, Hon. Henry Musasizi, has said formalization of the informal sector must become a key pillar of Ugandas domestic revenue mobilization strategy. Speaking at the URA Engagement with Committees of Parliament, Musasizi said while the informal sector provides livelihoods to millions, governments role is to help businesses transition into organized, productive enterprises. Ugandas informal sector provides livelihoods to millions of people. Our responsibility is to progressively help businesses move from informality into organized, productive and sustainable enterprises, he said. A small business that is supported to grow today
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@theScribeUganda Tue, 29 Sep 2026 10:47:37
Minister Musasizi Urgues Parliament to Back Domestic Revenue Drive for Economic Development
By Wilfred Arinda Nshekantebirwe The Minister of Finance, Planning and Economic Development, Hon. Henry Musasizi, has called on Parliament to partner with government in mobilizing domestic revenue to finance Ugandas development ambitions. Speaking at the URA engagement with Committees of Parliament, Musasizi said Ugandas aspirations for better infrastructure, social services, industrialization and development of oil, gas and mineral resources must be matched with the capacity to pay for them. Ugandas development ambitions are substantial. But we must be able to pay for the development we want. That is why domestic revenue mobilization is fundamental to Ugandas economic independence, he said.
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@theScribeUganda Tue, 29 Sep 2026 11:04:11
dfcu Deepens Dialogue with Ndeeba Entrepreneurs Through Kyusa Level SME Dine-Out
KAMPALA, Uganda Ndeeba Small businesses remain at the centre of Uganda's economy, but many entrepreneurs are navigating a business environment shaped by rising operating costs, tighter cash-flow cycles, changing customer behaviour and increasing competition. While access to capital remains important, business owners are increasingly looking for banking partners that understand the realities behind their numbers, from managing growth and protecting assets to navigating unexpected disruptions and making investment decisions with confidence. Those themes emerged during the latest dfcu Kyusa Level SME Customer Dine-Out held at the dfcu Ndeeba branch, where entrepreneurs engaged directly with senior bank leaders on the
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@theScribeUganda Tue, 29 Sep 2026 14:40:44
Minister Musasizi to MPs: Broaden Tax Base, Don't Just Tax Same People More to Reach 20% Revenue Target
By Wilfred Arinda Nshekantebirwe KAMPALA- The Minister of Finance, Planning and Economic Development, Hon. Henry Musasizi has called upon Members of Parliament to support Government efforts to broaden the tax base as part of the strategy to raise domestic revenue and reduce dependence on borrowing. Writing on his X handle @henrymusasizi1 after the Uganda Revenue Authority (URA) engagement with Parliamentary committees earlier today, Musasizi said Government is targeting to increase the revenue-to-GDP ratio from the current 14.7% to 20% by FY2029/30. Earlier today at the Uganda Revenue Authority (URA) engagement with Parliamentary committees, I called upon Members of Parliament to
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@theScribeUganda Wed, 30 Sep 2026 06:55:09
From 5.2 to 8.6 litres: How NAGRC is unlocking the Ankole's milk potential
KIRUHURA, UGANDA LIVESTOCK PRODUCTIVITY At Nshaara Conservation Ranch in Kiruhura District, a carefully managed breeding programme is producing measurable improvements in the milk output of Uganda's indigenous Ankole Longhorn cattle, with average daily productivity rising by more than 65 per cent in just two years. The programme, implemented by the National Animal Genetic Resources Centre and Data Bank (NAGRCDB), is demonstrating how genetic selection, performance monitoring and improved animal nutrition can collectively enhance the productivity of indigenous cattle. When the initiative began approximately three years ago, the objective was to identify Ankole cows with naturally superior milk-producing
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@theScribeUganda Wed, 30 Sep 2026 14:11:51
Minister Babalanda tasks Greater Masaka RDCs, DISOs to strengthen monitoring, accountability
The Minister for the Presidency, Hon. Babirye Milly Babalanda, has tasked Resident District Commissioners (RDCs), Resident City Commissioners (RCCs) and security officials in the Greater Masaka sub-region to strengthen field monitoring, institutional coordination and accountability to ensure Government programmes deliver tangible results to citizens. Hon. Babalanda made the call in her closing remarks delivered by the Minister of State for Economic Monitoring, Hon. Sandra Santa Alum, on Wednesday 30th September, 2026 at Solo Hites Hotel in Masaka City, during a three-day capacity-building workshop for RDCs/RCCs, their deputies and assistants, Regional Internal Security Officers (RISOs) and District Internal Security Officers
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@theScribeUganda Wed, 30 Sep 2026 18:48:53
Minister Babalanda Calls for Investment and Industrial Partnerships to Accelerate Uganda's Transformation at ITAF 2026 Casablanca, Morocco
Casablanca, Morocco 30 September 2026 The Minister for the Presidency, Hon. Babirye Milly Babalanda, has called for increased investment, technology transfer and strategic partnerships to support Uganda's industrialisation and value-addition agenda during her participation in Industrial Transformation Africa (ITAF) 2026 in Casablanca, Kingdom of Morocco. In her address, the Minister conveyed greetings from H.E. the President of the Republic of Uganda, Gen. (Rtd.) Yoweri Kaguta Museveni, and the First Lady and Minister of Education and Sports, Maama Janet Kataaha Museveni, to the organisers, participants and stakeholders attending the continental industrialisation forum. The Minister noted that; Uganda is open
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@theScribeUganda Thu, 01 Oct 2026 00:18:27
From Fragmented Processes to Integrated Operations: CINAT Technologies Launches GRIND ERP
GRIND is launched today 1st October 2026 by CINAT Group as an enterprise resource planning solution designed to help businesses simplify operations, connect critical business functions, track and manage activities, and gain greater visibility into day-to-day performance. As organisations grow, managing financial processes, inventory, human resources, procurement, reporting and other operational functions can become increasingly complex. Through the launch of GRIND, CINAT Technologies a service division under CINAT Group is introducing an integrated digital system that brings these functions together, enabling businesses to coordinate activities, manage information more effectively and support informed decision-making. For many businesses, however, operational processes
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@theScribeUganda Fri, 25 Sep 2026 08:36:43
SWEDEN EYES UGANDA ENERGY, TRANSPORT INVESTMENT OPPORTUNITIES AS COL. NAKALEMA ASSURES INVESTORS OF PROTECTION
The State House Investors Protection Unit (SHIPU) head, Col. Edith Nakalema, has urged Swedish investors to explore opportunities in Uganda, assuring them of government support and mechanisms designed to protect investments and ease access to public institutions. Col. Nakalema made the remarks on September 23, 2026, during a meeting with the Swedish Ambassador to Uganda, H.E. Anna-Maria Olsson, who visited SHIPU alongside the Embassy's Head of Political, Economic and Commercial Affairs, Lotta Segerström. The engagement focused on strengthening investor protection and expanding trade and investment ties between Uganda and Sweden, with the Swedish side identifying energy and transport among the
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@theScribeUganda Wed, 23 Sep 2026 17:46:12
President Museveni Urges Busoga to Embrace Wealth-creation Programmes, Productive Agriculture
President Yoweri Kaguta Museveni has urged the people of Busoga to embrace wealth-creation programmes and adopt productive forms of agriculture suited to the size of their landholdings as a means of overcoming household poverty. The President made the call today while officiating at the thanksgiving ceremony of the Minister for the Presidency and Budiope West Member of Parliament, Hon. Babirye Milly Babalanda, at Iringa Township Primary School in Nkondo Sub-county, Buyende District. President Museveni said land fragmentation remains one of the major challenges affecting household incomes in Busoga, noting that successive generations often inherit increasingly smaller portions of
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@theScribeUganda Wed, 23 Sep 2026 20:00:07
AL-HAJJ FARUK KIRUNDA: President Museveni did the right thing on Constitutional Square
To give away the Constitutional Square or not? That is the question in the public domain. On August 18, 2026, President Yoweri Museveni wrote to the Minister for Kampala Capital City and Metropolitan Affairs, Minsa Kabanda, directing her to study a proposal presented by an indigenous businessman, Hassan Bulwadda, to redevelop the centrally located space within Kampala's Central Business District (CBD). Bulwadda wants to develop the two-acre site into a modern eco-friendly real estate complex housing a hotel, shopping mall and solar-powered facilities. Because the square is presently an open green space that members of the public take as a
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@theScribeUganda Thu, 24 Sep 2026 07:35:07
MBAGADHI FREDERICK NKAYI: Gaza Stabilisation Mission- UPDF track record indispensable
In August 2026, Defence Minister Kiryowa Kiwanuka tabled the Gaza deployment motion before Parliament. But while the MPs approved it, the question in the wide public remains why Uganda, under whose authority, with what mandate and for whose interests. Resolution 2803, adopted by the UN Security Council on 17th Nov 2025 authorized a temporary international stabilization force for Gaza under unified command. This goes beyond conventional peace-keeping, combining civilian protection, humanitarian access and security responsibilities. Clear rules of engagement and operational limits are therefore essential. Why Uganda? The answer lies in its experience, professionalism, operational impact and trust with international
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@theScribeUganda Thu, 24 Sep 2026 12:53:39
Minister Babalanda Holds Thanksgiving in Buyende, Lauds President Museveni for Transforming Her Life and Championing Development
BUYENDE, UGANDA — The Minister for the Presidency and Member of Parliament for Budiope West Constituency, Hon. Babirye Milly Babalanda, on Wednesday, 23 September, held a colourful Thanksgiving ceremony at Iringa Township Primary School in Nkondo Sub-County, Buyende District, with H.E. President Yoweri Kaguta Museveni as the Chief Guest. In her address, Hon. Babalanda said the Thanksgiving ceremony was organised to give thanks to Almighty God for the gift of life, His protection, and the opportunity He has given her to serve the country and the people of Budiope West "Your Excellency, today we gather with grateful hearts. This celebration
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@theScribeUganda Thu, 24 Sep 2026 13:07:16
ALHAJI KIRUNDA MOURNS AFRIGO BAND'S MOSES MATOVU, HAILS MUSICAL LEGACY
The Special Presidential Assistant–Press and Mobilisation and Deputy Press Secretary to H.E the President, Alhaji Faruk Kirunda, has mourned the death of veteran musician Moses Matovu, describing him as an "irreplaceable gem" whose contribution to Uganda's music industry spanned decades. Matovu, a celebrated member of Afrigo Band, was killed on Thursday, September 24, 2026, following an alleged attack by unknown assailants in Kampala. In a message posted on X today, Alhaji Kirunda said Matovu's death came at a particularly painful time for Uganda's music fraternity, coming shortly after the death of fellow veteran playwright Alex Mukulu. "The
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