The High Court has ruled that the sale of a mortgaged property in Najjera by Housing Finance Bank was unlawful, negligent, and conducted at a gross undervalue. Justice Susan Odongo delivered the decision in a case filed by Barnabas Samuel Aliku and Christine Mutesi Aliku, who accused the bank of
The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn), to finance the 326km Standard Guage Railway project.This followed a commitment given by Dr. Abdul Kamara, Vice Preside
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (
Seven men are set to appear before Buganda Road Chief Magistrate’s Court today after police completed investigations into a high-profile robbery in which more than Shs 620 million was stolen from a businessman in Kampala.The suspects, identified as Mulindwa Sharif, Akid Khalid alias Bomb
Government is preparing regulations that will require all electric vehicle (EV) charging stations in Uganda to be licensed and permitted under the Energy Efficiency and Conservation Act, in what officials describe as a major step toward formalising the country’s fast-growing e-mobility sector.
For an entire month, Uganda Revenue Authority (URA) Customs Intelligence officers operated like undercover spies in a high-stakes economic war quietly unfolding at Uganda’s porous borders with Tanzania and Kenya.Away from the public eye, intelligence teams tracked suspicious truck moveme
KAMPALA — Thirteen winners of Uganda’s 2025 Best Farmers Competition have been flagged off for a week-long agricultural study visit to the Netherlands, where they will gain exposure to advanced farming technologies, value addition systems, and modern agribusiness models aimed at transforming
On 14 May 2026, Uganda marked a historic milestone by flagging-off the inaugural export of 104 metric tonnes of canned pineapple from Deshiburg Factory to ChinaWhen pineapples ripened all at once in Luwero, it often brought anxiety instead of celebration.For pineapple farmer Ms. Jan
Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transaction costs are undermining financial inclusion and hurting small businesses.Mobile money has become one of Uganda’s most
The death of Xavier Kitaka, the founder of MTK Uganda, has put the firm on the brink of collapseMTK Uganda, once regarded as one of Uganda’s biggest agro and animal health companies, has suffered another major legal setback after the High Court ordered it to pay more than Shs 640m to Fre
