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Friday, September 25, 20264:59 am (Nairobi/Kampala)

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Five men in dark suits stand on a stage at NSSF's annual members' meeting. Finance minister Henry Musasizi, second from left, shakes hands with a man on the far left, beside gender minister Henry Tumukunde, centre, and NSSF managing director Patrick Ayota, far right. The figure 22.53 is displayed on a large screen behind them.

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National Social Security Fund

NSSF pays a record 22.53%, partly from gains it has not banked

NSSF’s record payout nearly doubles last year’s, and we explain where the Shs5.44tn came from and what it means for next year

Uganda joins Trump administration’s Trade over Aid talks in New York

What Washington’s Trade over Aid initiative asks of Uganda, and why Kampala’s delegation is at Friday’s high-level talks in New York

Uganda’s refugee plan is a third funded as Kampala seeks EU help

Humanitarian funding to Uganda fell from $357.2mn in 2024 to $158.6mn in 2025, and this year’s refugee plan has already passed that total

Seven people in dark suits seated at a long table draped in white cloth, with "Director" name plates, in front of a screen showing NIC Holdings' 25th AGM branding and a slide of the shareholder vote to reappoint BDO East Africa as auditors.

NIC’s loss narrows as its insurance business shrinks

NIC Holdings swung to a Shs2.5bn underwriting loss in the first half of 2026 as revenue fell 15.9 per cent, with Cornerstone’s takeover awaiting approval

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

Will NSSF’s Ayota finally upstage Byarugaba?

A textile worker in a headscarf and face mask operates a spinning frame, with rows of yarn bobbins overhead, at a factory.

Fine Spinners targets Japan and Europe with Shs20bn investment

Bank of Uganda tightens liquidity as shilling falls to weakest since 2024

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

NSSF’s record year is smaller than it looks

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

A group including President Museveni pulls back a yellow ribbon to reveal the Kampala Storage Terminal foundation plaque, with a soldier and officials looking on.

Uganda’s oil company ditches equity partner for its biggest terminal yet

Overhead shot of the Jinja Storage Terminal in Jinja Town

In Fred Kabanda, petro engineers win Petroleum Authority succession war

A low-angle view of a modern, glass-fronted office building against a partly cloudy blue sky. The central facade bears the words "Petroleum House" above "Ministry of Energy and Mineral Development," separated by a circular government emblem.

Kampala Storage Terminal

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

A $310mn petroleum terminal meant to bolster Uganda’s fuel security rises in Mpigi beside an open-air landfill mired in legal dispute

A group including President Museveni pulls back a yellow ribbon to reveal the Kampala Storage Terminal foundation plaque, with a soldier and officials looking on.

Robusta shortfall drags down Uganda’s July coffee exports

Uganda’s coffee exports declined in July as global prices rose, though annual shipment volumes reached a new high

Bright red coffee cherries growing in dense clusters along the brown branches of a coffee tree, framed by glossy green leaves.

East Africa’s pipeline politics repeat themselves in the refinery race

Why shutting the border sends the wrong signal on Ebola

Fuel prices push inflation higher in May

Several white fuel tankers bearing "Danger Petrol" signs parked on a dirt lot at a storage depot in Jinja, Uganda, under a blue sky.

Museveni’s new foreign funding law deepens fears over shrinking political space

Medium shot of Ugandan President Yoweri Museveni signing an official act into law at State House.

Africa’s AI ambitions face structural tests, Nairobi summit concludes

A presenter speaks before a room of conference goers at the AI Everything Kenya x GITEX Kenya Conference in Nairobi, held between 19 and 21 May 2026

Editor’s Picks

Disease control and prevention

Pandemic treaty deadline nears as disputes over pathogen-sharing rules persist

Disputes over pathogen-sharing rules risk delaying the WHO pandemic treaty ahead of a May 2026 deadline

Three-dimensional renditions of three respiratory viruses: (left: SARS-CoV-2; centre: RSV; right: influenza virus).

A high-angle view of a crowded Namirembe Road in downtown Kampala, featuring a dense flow of pedestrians, commuters, and vehicles amidst commercial buildings and advertising billboards.

Uganda among world’s most polluted countries as air quality worsens

A man in a checked shirt harvests yellow coffee cherries from a coffee plant in Uganda.

UN-backed Shs3.7bn initiative targets Uganda’s coffee seed system overhaul

Most read

Will NSSF’s Ayota finally upstage Byarugaba?

Uganda’s oil company ditches equity partner for its biggest terminal yet

NSSF’s record year is smaller than it looks

In Fred Kabanda, petro engineers win Petroleum Authority succession war

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

Markets

NSSF pays a record 22.53%, partly from gains it has not banked

NSSF’s record payout nearly doubles last year’s, and we explain where the Shs5.44tn came from and what it means for next year

Five men in dark suits stand on a stage at NSSF's annual members' meeting. Finance minister Henry Musasizi, second from left, shakes hands with a man on the far left, beside gender minister Henry Tumukunde, centre, and NSSF managing director Patrick Ayota, far right. The figure 22.53 is displayed on a large screen behind them.

Seven people in dark suits seated at a long table draped in white cloth, with "Director" name plates, in front of a screen showing NIC Holdings' 25th AGM branding and a slide of the shareholder vote to reappoint BDO East Africa as auditors.

NIC’s loss narrows as its insurance business shrinks

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

Will NSSF’s Ayota finally upstage Byarugaba?

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

National Social Security Fund

NSSF’s record year is smaller than it looks

Baked clay construction materials at Uganda Clays factory in Kamonkoli, Budaka District

Uganda Clays swings to profit on improved efficiency despite rising finance costs

Head offices of the New Vision Printing and Publishing Company Ltd on First Street, Industrial Area, Kampala

Uganda Securities Exchange

New Vision swings back into profit in first half

Standard Bank Group's headquarters in Johannesburg

Stanbic trading desk powers record profit

Politics

A brightly lit, modern exhibition stall for Uganda at the 138th Canton Fair. The stall features the national flag and the "Explore Uganda" branding, alongside large posters of gorillas and elephants. A diverse crowd of business professionals and visitors are gathered around the counters, discussing trade opportunities in agriculture, coffee, and tourism.

Geopolitics hastens China’s Hunan-led shift in Africa trade and investment

A US Coast Guard cutter sails alongside a sleek, smaller unmanned surface vessel in open blue water, with a large commercial tanker visible on the horizon.

US blockade of Iran ports deepens global oil uncertainty after Hormuz standoff

Bobi Wine, standing in a car, surrounded by hundreds of supporters in Lira town, 7 September 2023, while on a countrywide tour.

Escape to America cannot solve Bobi Wine’s dilemma

Scattered South African rands notes against a white background.

Middle East war

The Middle East war is hurting Africa. Here is how the continent fights back

Economy

Private sector picks up pace in April despite fuel-driven cost pressures

Uganda’s private sector expanded for a 15th month as the PMI rose to 55, though rising fuel costs and a declining BTI weighed on firms

Entrance to the personal banking section of a bank

Softer global prices weigh on March coffee export revenues

February’s bond rally fades as 10-year yield jumps 100 basis points

Rising energy prices push inflation higher in April

Kampala road in Kampala on a busy day

Uganda set to outpace region as IMF flags oil-driven growth surge

An inland oil rig

US blockade of Iran ports deepens global oil uncertainty after Hormuz standoff

A US Coast Guard cutter sails alongside a sleek, smaller unmanned surface vessel in open blue water, with a large commercial tanker visible on the horizon.

Travel & Tourism

Uganda Airlines

Uganda Airlines faces potential disruption as Airbus orders software fix for A320 jets

Airbus has ordered an immediate software update for about 6,000 of its A320 family aircraft — roughly half of the global fleet — after discovering that intense solar radiation can corrupt critical flight control data

Uganda Airlines Airbus A330 aircraft on the runway at Entebbe International Airport.

A performance stage at the Nyege Nyege festival in Bujagali, Jinja, October 2015

Nyege Nyege keeps on dancing, too fast for the moral police — and terrorists(?)

A passenger airplane packed at an airport

Uganda Airlines cancels all flights as government halts air travel

Ground support equipment at Entebbe International Airport

Uganda Airlines cancels some flights amid coronavirus outbreak

Weathered stone steps framed by lush tropical vegetation and vine-draped trees leading toward a sunlit opening in Entebbe Botanic Gardens.

How the colonial past of botanical gardens can be put to good use

Ground support equipment at Entebbe International Airport

Uganda Airlines to launch in 2019 with flights to 19 destinations

Local links across Africa provide key clues to fighting the illegal ivory trade

Uganda Business News

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