Business •
02 Jun '26
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money throug...
Business •
02 Jun '26
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional sub...
Business •
02 Jun '26
More Ugandans are using mobile money, but telecom companies earned less in the first three months of 2026.New figures from the Uganda Communications Commission, using data from Bank of Uganda, show active mobile money us...
Business •
02 Jun '26
Mbarara City – Business operations at Mbarara Central Market were disrupted on Tuesday morning after dozens of vendors arrived to find their shops locked by individuals they did not recognize.The unexpected development...
Business •
01 Jun '26
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...
Business •
01 Jun '26
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 proj...
Business •
01 Jun '26
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...
Business •
01 Jun '26
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 Kampa...
Business •
31 May '26
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 m...
Business •
30 May '26
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 f...