Category: Business

Don’t Send on This Number”: Ugandans Bypass Mobile Money to Escape Aggressive Loan Deductions

Don’t Send on This Number”: Ugandans Bypass Mobile Money to Escape Aggressive Loan Deductions

KAMPALA — A growing number of Ugandans are increasingly finding ways to bypass mobile money loan repayments, highlighting rising tensions between digital lenders and borrowers struggling with daily financial pressures.Reports indicate that many users are diverting transactions to alterna

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MTN Uganda Announces Pulse Undergraduate Internship Program for 2026

MTN Uganda Announces Pulse Undergraduate Internship Program for 2026

Leading telecom giant MTN Uganda has officially opened applications for its MTN Pulse Undergraduate Internship Program 2026, offering university students a chance to gain hands-on experience in a dynamic corporate environment.The internship program, which is open to 2nd and 3rd year underg

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Former fuel attendant exposes alleged tactics used to cheat customers

Former fuel attendant exposes alleged tactics used to cheat customers

young man identified as Emmanuel Eshun, a former fuel station worker, has disclosed tactics allegedly used by fuel pump attendants to cheat customers and management.In an interview with KayB Media, Emmanuel said he got the opportunity to work at the station shortly after completing Senior

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Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

The chief police publicist Kituma Rusoke has corroborated the Energy Ministry’s Geology & Mining Commissioner Agnes Alaba’s information indicating that a total of not less than 20 private companies involved in gold deals in Uganda are currently being investigated.That the companies

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Halt demolitions until alternative spaces are found for traders, urges Walugembe

Halt demolitions until alternative spaces are found for traders, urges Walugembe

Joseph Walugembe, the executive director of the Federation of Small and Medium Enterprises (FSME)The executive director of the Federation of Small and Medium Enterprises (FSME), John Walugembe, has called on local authorities to immediately suspend all demolition operations targeting small

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Uganda Airlines Restores Long-Haul Capacity as Airbus A330-800neo Returns to Service

Uganda Airlines Restores Long-Haul Capacity as Airbus A330-800neo Returns to Service

Uganda Airlines has resumed long-haul operations following the return of a grounded Airbus aircraft that had been out of service since February due to engine-related faults, easing weeks of disruption that strained its international schedule.Uganda Airlines has announced the return to serv

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Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic content, welcoming a move that would see the rate rise from Shs1,700 to Shs3,500 per litre.Juliet Namukasa, the chairperson

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Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

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Rubondo Urges Rotarians to Act Early as Oil Sector Enters Execution Phase

Rubondo Urges Rotarians to Act Early as Oil Sector Enters Execution Phase

Petroleum Authority Executive Director has urged professionals and entrepreneurs to take immediate advantage of opportunities in Uganda’s oil and gas sector, emphasizing that the country has already entered a critical phase of development.Petroleum Authority Executive Director Ernest Rub

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Museveni to Launch New Cement, Clinker Factory in Karamoja

Museveni to Launch New Cement, Clinker Factory in Karamoja

President Museveni is set to commission an over $300 million cement plant launch, a move that signals a new era for Karamoja and Uganda’s industrial growth.Yaobai Cement Uganda will officially launch its state-of-the-art cement plant in Moroto, in a landmark investment set to reshape Uga

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