Latest business reporting and analysis for Uganda.
Preliminary investigations indicate that the suspects struck in the early hours of Monday, gaining access through a gate opposite City Square before entering the bank’s commercial offices, where they reportedly sp...
The case stems from a March 6, 2026, incident in which Akampulira Dismas, a 26-year-old businessman from Kigoowa Zone in Nakawa Division, was attacked and robbed of UGX 13 million.The three suspects arrested in connectio...
The Uganda Investment Authority (UIA) has announced plans to transform Kapeeka Industrial Park, in Nakaseke district, into a one-stop centre and a district industrial hub.Established 20 years ago as Liao Shen Industrial...
Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowde...
Traders at Bugolobi Market in Kampala have raised concerns over the rising cost of fuel, saying it has significantly increased transport expenses and forced them to hike prices of essential goods.The vendors, including f...
As it is always said, the goodness of someone will not be felt until that person disappears. Mr President, that is what we are now feeling after the departure of UMEME from managing Uganda’s electricity power.At f...
Uganda has been ordered to pay about Shs522 billion ($138.93 million) to Rift Valley Railways Uganda Limited (RVRU) after an international arbitration tribunal in London found that the government “wrongfully termin...
Evicted garage owners, mechanics, and welders in Ntungamo Municipality have appealed to authorities to extend essential services to their new area of operation following their relocation under the recently implemented Tr...
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up a...
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave ov...
