Tag: industrialisation

Tayebwa Sounds Alarm Over Low Stock Market Participation, Calls for Capital Markets Overhaul

Uganda’s Deputy Speaker says just 0.5% of the population invests in the stock market as the country targets a...

Uganda Needs New Development Financing Architecture, Nakyobe Says

The Secretary to Cabinet and Head of Public Service, Ms Lucy Nakyobe, has called for a fundamental rethink of...

Gov’t Injects Shs2.2 Trillion Into UDB to Boost Industrialisation, Exports

Government has so far capitalised Uganda Development Bank (UDB) to the tune of Shs 2.2 trillion, including the additional...

Museveni Reaffirms Uganda Refinery Plans After Dangote Project Groundbreaking

President Yoweri Museveni has reaffirmed Uganda’s plans to build its own oil refinery, saying the country will proceed with...

Value Addition, Industrialisation Key to Uganda’s $500 Billion Economy Drive

Uganda is seeking to expand manufacturing and value addition as part of its strategy to transform the economy into...

Uganda Must Link Energy to Industry to Drive Growth, Minister Says

Uganda must use its energy and natural resources to build industries and create jobs rather than rely mainly on...

Lugoloobi urges Uganda’s hardware dealers to shift from trading to manufacturing

Minister of State for Planning Amos Lugoloobi has challenged Uganda’s construction and hardware industry to move beyond import-dependent trading...

Uganda, IEC renew standards cooperation to support industrial growth

Uganda and the International Electrotechnical Commission (IEC) have agreed to deepen cooperation on standards and conformity assessment to improve...

Musasizi Commends Nile Breweries for Tax Contribution, Jobs and Local Sourcing

Finance Minister Henry Musasizi has praised Nile Breweries Limited for its contribution to Uganda’s economy through tax payments, local...

UDB-Supported Enterprises Create and Sustain 69,202 Jobs, Report Shows

Uganda Development Bank (UDB) has today launched its 2025 Development Impact Report, highlighting the tangible contribution of development finance...

Museveni Says Uganda Has Built Foundation for Faster Economic Transformation

President Museveni says Uganda’s next economic push must move millions of households from subsistence farming into a monetised economy...

Museveni Opens $125 Million Roofings Steel Plant in Major Industrialisation Push

President Yoweri Kaguta Museveni has inaugurated Roofings Group’s new $125 million Ultra-Modern Cold Rolling Mill Complex in Namanve, describing...