Category: Business

Female Fish Traders Raise Alarm Over Rising Harassment, Corruption, and Trade Barriers

Female Fish Traders Raise Alarm Over Rising Harassment, Corruption, and Trade Barriers

Female fish traders operating along Uganda’s border points have raised concern over rising cases of sexual harassment, corruption, and inconsistent trade regulations that they say are undermining their businesses and livelihoods.The complaints were voiced during a stakeholder dialogue or

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Fairway Hotel, Kampala downtown flooded after afternoon downpour

Fairway Hotel, Kampala downtown flooded after afternoon downpour

A heavy Thursday afternoon downpour flooded Fairway Hotel and several parts of downtown Kampala, disrupting businesses and exposing the city’s drainage challenges.Fairway Hotel and several parts of downtown Kampala were flooded on Thursday afternoon after a heavy downpour overwhelmed dra

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Lira businessman arrested over motorcycle theft, found with 100 logbooks

Lira businessman arrested over motorcycle theft, found with 100 logbooks

Lira City, Uganda: Police in the North Kyoga region have arrested a 54-year-old businessman in an intelligence-led operation linked to a stolen motorcycle from Kampala, uncovering what investigators say could be a wider network of motorcycle trafficking and document forgery.The suspect, Ok

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URA Moves to Assist Traders Affected by Container Leaders’ Fraud

URA Moves to Assist Traders Affected by Container Leaders’ Fraud

The Uganda Revenue Authority (URA) has announced urgent measures to support traders whose goods have been unfairly withheld by so-called “container leaders,” following a surge in public outcry and complaints of undelivered merchandise.In a public notice published Thursday, URA manageme

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EXPLOSIVE! Leaked Memo Exposes Inside Story Behind Juuko’s Exit from Stanbic Bank Uganda

EXPLOSIVE! Leaked Memo Exposes Inside Story Behind Juuko’s Exit from Stanbic Bank Uganda

A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi

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Unoc starts discharging 100 million litres of fuel

Unoc starts discharging 100 million litres of fuel

Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o

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Kamuli traders in tears as 68 lock-ups are returned to council

Kamuli traders in tears as 68 lock-ups are returned to council

Traders and businessmen were left in shock and tears after the Minister of Local Government, Raphael Magyezi, ordered that lock-ups whose leases had expired revert to the ownership of Kamuli Municipal Council.“Your 20-year lease expired in 2023 and ownership legally reverts to Kamuli Mun

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Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to

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Government Gives Car Dealers Two Weeks to Vacate Nakawa–Banda–Kireka Road Reserve

Government Gives Car Dealers Two Weeks to Vacate Nakawa–Banda–Kireka Road Reserve

The Ministry of Works and Transport has issued a two-week deadline to car bond operators and vehicle dealers operating along the Nakawa–Banda–Kireka corridor to vacate the road reserve.The directive was announced during a meeting held this morning involving officials from the Ministry,

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No more excuses, minister orders overhaul of delayed digital plate system

No more excuses, minister orders overhaul of delayed digital plate system

Transport Minister Katumba Wamala (center), Ministry ofTransport Commissioner Winstone Katushabe, officials from Uganda Revenue Authority, Integrated Transport Management System, clearing agents and car dealers pose after a meeting at Mestil Hotel & Residences in Kampala on May 5, 2026. PHOTO

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