Category: Business

DTB opens new Tororo branch to strengthen banking access in eastern Uganda

DTB opens new Tororo branch to strengthen banking access in eastern Uganda

TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade

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Fire Guts Dormitory at Nakanyonyi Girls’ School,

Fire Guts Dormitory at Nakanyonyi Girls’ School,

A night fire at Nakanyonyi Girls Secondary School in Jinja City destroyed students’ property, including mattresses, books, and uniforms, after flames broke out in a dormitory. The incident that happened on Thursday night, fortunately, did not harm any of the students.It is reported that

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Soroti Mobile Money Agent Murder Riffle Recovered, 5 Suspects Arrested

Soroti Mobile Money Agent Murder Riffle Recovered, 5 Suspects Arrested

The East Kyoga Regional Police have confirmed the recovery of an AK-47 rifle believed to have been used in the murder of Patricia Kokunda, a mobile money agent in Soroti.‎‎‎The weapon was traced in Northern Karamoja.‎‎‎‎Kokunda was tragically shot and killed on April 3, 2026,

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Gov’t orders deployment of Metro Mass buses to regulate transports issues after emergency fuel price talks

Gov’t orders deployment of Metro Mass buses to regulate transports issues after emergency fuel price talks

Government, through Felix Kwakye Ofosu, orders the deployment of Metro Mass Transit buses and lower fares after an emergency Cabinet meeting on rising fuel prices to ease pressure on commuters.Government has directed the immediate deployment of newly acquired Metro Mass Transit buses and t

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How KAA defeated Nangwala in Shs 1.6 bn dispute over Course View Towers

How KAA defeated Nangwala in Shs 1.6 bn dispute over Course View Towers

A dispute that began nearly two decades ago over the construction of Course View Towers in Kampala has finally been settled, with Kampala Associated Advocates (KAA) emerging victorious for Seyani Brothers against Nangwala, Rezida & Co. Advocates, which represented Course View Limited.J

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Uganda fuel prices rise modestly amid global tensions

Uganda fuel prices rise modestly amid global tensions

Kampala, Uganda | THE INDEPENDENT | Uganda’s fuel prices have edged up by around 5% amid rising tensions in the Middle East, but strong reserves and reforms in the country’s procurement system have limited the impact on consumers.Petrol and diesel remain below previous highs recorded b

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Masaka Industrial Park Project Hit by Flooding  concerns

Masaka Industrial Park Project Hit by Flooding concerns

Plans to establish an industrial park in Greater Masaka have suffered a major setback after it emerged that the proposed site is prone to frequent flooding, raising concerns over its viability.The project site, located in Mazzigo in Bukakata Sub-county, Masaka District, spans approximately

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How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it

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Uganda rejects Kenya's request to access its fuel reserves

Uganda rejects Kenya's request to access its fuel reserves

Reports from Kenya say Nairobi had asked to tap Uganda’s petrol stocks as a temporary measure and promised to replace the fuel once delayed shipments arrived.Uganda rejected a request by Kenya to access fuel reserves held in the Kenya Pipeline Company network.The move is reported

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Uganda Maintains Mid-2026 First Oil Target Despite Auditor General Concerns

Uganda Maintains Mid-2026 First Oil Target Despite Auditor General Concerns

The Petroleum Authority of Uganda has reaffirmed that the country remains on course to achieve its long-awaited first oil by mid-2026, pushing back against concerns raised in a recent report by the Office of the Auditor General Uganda.Uganda’s journey to oil production has seen several t

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