Category: Business

Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project

Uganda said on Thursday it had appointed Citibank to mobilise financing needed to fund the country's planned 2.7 billion ‌euro ($3.19 billion) Standard Gauge Railway (SGR) project.In a post, opens new tab on the X platform, the East African country's finance ministry said Uganda is "in t

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Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic

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World Bank Concerned Over Uganda’s Growth Not Corresponding With Improvement In People’s Livelihoods

World Bank Concerned Over Uganda’s Growth Not Corresponding With Improvement In People’s Livelihoods

‎‎The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods.‎Ndiame Diop, the Bank’s Vice-President for Africa lauded Uganda for the macroeconomic stability but urged the country to transl

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MINISTERS ON THE CHOPPING BLOCK! Kinyara–Victoria Sugar War Explodes as Weighbridge Chaos, Farmer Cries & Political Infighting Reach M7

MINISTERS ON THE CHOPPING BLOCK! Kinyara–Victoria Sugar War Explodes as Weighbridge Chaos, Farmer Cries & Political Infighting Reach M7

Eight ministers may face the knife over the raging Kinyara Sugar Limited and Victoria Sugar war, a battle of World War II magnitude that has rocked the sugar sector and left political heavyweights bruised, exposed, and fighting for survival as a looming cabinet reshuffle casts a long shadow over

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Kabale Traders Protest Eviction Directive Amid Relocation Uncertainty

Kabale Traders Protest Eviction Directive Amid Relocation Uncertainty

Traders in Kabale Municipality are raising concern over an impending eviction from streets and unauthorized trading spaces, saying they have not been given enough time or alternatives to relocate their businesses.With the enforcement deadline fast approaching, vendors and small-scale busin

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MTN laid cables in former deputy IGP’s land. He won Shs 526m but MTN wont give up fight

MTN laid cables in former deputy IGP’s land. He won Shs 526m but MTN wont give up fight

The long-running dispute between MTN and former Deputy Inspector General of Police Julius Odwe has taken another turn, after the court declined Odwe’s request to throw out an appeal lodged by the telecom company.The case dates back to 2012, when MTN rolled out a project to extend network

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Court Slaps MTN Uganda With Shs 50M Penalty for trespass

Court Slaps MTN Uganda With Shs 50M Penalty for trespass

The Court of Appeal has ordered MTN Uganda Limited to pay Shs 50 million in general damages for trespassing on the land of Ocur Odwe Julius Peter in Dokolo District.In 2012, MTN Uganda embarked on a project to extend telecommunications connectivity to Dokolo District. During the implementa

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Media Council summons The Observer again

Media Council summons The Observer again

Nearly five years after first being summoned over a controversial story, The Observer newspaper finds itself back before Uganda’s Media Council, this time, not just to answer old questions, but to revisit a case it believed was already closed.The latest summons, delivered on April 8, 202

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How firm lost Shs 10bn Yaka metre deal from UEDCL for ‘inflating’ its prices

How firm lost Shs 10bn Yaka metre deal from UEDCL for ‘inflating’ its prices

A dispute over a multi-billion shilling electricity metre tender has collapsed after the PPDA Appeals Tribunal dismissed a case filed by Uzuzi Meter Technologies Limited against Uganda Electricity Distribution Company Limited (UEDCL).In a ruling delivered on April 2, 2026, the Tribunal did

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Ugandan Lawyer and Businessman Charles Odere Appeals USD400,000 Arena Mall Ruling

Ugandan Lawyer and Businessman Charles Odere Appeals USD400,000 Arena Mall Ruling

What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con

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