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TodayMonday, April 27, 2026

President Museveni- Page 2

Left-Right: Finance Minister Matia Kasaija, Bank of Uganda Governor Michael Ating-Ego, and Lawyer Silver Kayondo. The Finance Ministry and Bank of Uganda maintain that cryptocurrencies are not legal tender in Uganda. Kayondo’s attempt to find legal means of regularizing cryptocurrency through the court was dismissed.
Left-Right: Finance Minister Matia Kasaija, Bank of Uganda Governor Michael Ating-Ego, and Lawyer Silver Kayondo. The Finance Ministry and Bank of Uganda maintain that cryptocurrencies are not legal tender in Uganda. Kayondo’s attempt to find legal means of regularizing cryptocurrency through the court was dismissed.

Uganda Sits on a Trillion Shilling Crypto Market – But Without Rules, Clarity or Direction

Imagine a young software developer in Kampala. He’s just finished building a smart-contract application that could help farmers track produce payments without relying on brokers. He’s hopeful, energized, but frustrated. Because while
July 1, 2025
Last year, President Museveni launched the construction of the first phase of the Standard Gauge Railway, which, once construction starts, will take about 48 months.

Laying Tracks of Transformation: Inside Uganda’s Ambitious Railway Revival

Once the lifeblood of commerce and connectivity, Uganda’s railway network is undergoing a significant transformation, fueled by ambitious plans to revitalise existing infrastructure and introduce a modern standard gauge system. The government
May 26, 2025
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President Yoweri Kaguta Museveni is conducted on a tour of the new Tembo Steels Direct Reduced Iron (DRI) Plant in Iganga by Chairman Sanjay Awasthi (in white t-shirt and cap) and General Manager Manish Kalla. The President, who commissioned the 250,000 TPY facility, hailed Awasthi for transforming Uganda’s steel industry and positioning the country as a leader in green, integrated steel manufacturing.

President Museveni Lauds Tembo Steels Founder for Transforming Uganda’s Steel Industry

President Museveni has praised visionary industrialist Mr. Sanjay Awasthi, the Chairman of Tembo Steels, for his transformative contribution to Uganda’s steel industry. This was as the President commissioned Tembo Steels one-of-a-kind 250,000-ton-per-year
April 18, 2025
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A photo montage of the new Board members at Petroleum Authority Board. From Left to bottom Right; Ms Lynda Biribonwa, Ms Mary Achan Oduka, Mr Bernard Ongodia, Counsel Innocent Kihika, Prof. Vincent Bagire, and Counsel Adrian Bukenya.

President Museveni appoints Lynda Biribonwa as chair, six others on new Board at Petroleum Authority of Uganda

President Yoweri Museveni has appointed Ms Lynda Biribonwa, a health,  environment, and safety specialist as the new chairperson, and six others as members of the Petroleum Authority of Uganda (PAU) Board.  The
July 19, 2024
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