Business •
17 Jun '26
sensational fraud case involving billions of shillings, allegations of counterfeit currency and a prominent Ugandan businessman has exploded in court after consultancy firm Newplan boss Omulen Levy Lawrence was cited in a purported fake money racket during proceedings that saw eleven suspects rem
Business •
17 Jun '26
Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the
Business •
16 Jun '26
Eleven suspects accused of defrauding a businessman of more than $2.5 million(approximately shs11 billion) and laundering the proceeds have been remanded to Luzira Prison by the Buganda Road Chief Magistrate’s Court.The accused include Peter Lubwama, Henry Ochown alias Malong Tong, Pasc
Business •
13 Jun '26
Release clauses could soon become standard practice in players' contracts after FIFA reached an agreement with players' union FIFPRO to introduce a series of amendments to the Regulations on the Status and Transfer of Players. The arrangement is already commonplace in Spain but is set to be rolle
Business •
11 Jun '26
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
Business •
09 Jun '26
Responding to initial media reports indicating that everything that can go wrong at a private not-for-profit health facility has happened to Catholic Church-owned St. Francis Nsambya Hospital, Ugandans have taken to social media to register their dismay while calling on President YK Museveni to i
Business •
31 May '26
Things are now very bad for outgoing minister of gender Betty Among who on 15th January was fired by close to 40,000 Lira city voters who disregarded her and voted Dr. Jane Ruth Aceng to be their woman MP for the next five years up to 2031.Amongi must be regretting why she blindly disregar
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06 May '26
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
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06 May '26
The National Resistance Movement (NRM) has unveiled plans to construct permanent headquarters at Plot 10, Kyadondo Road in Kampala, where it currently operates.The party’s secretary general, Richard Todwong, said the project is a fulfilment of a pledge by the party chairman, Yoweri Musev
Business •
28 Apr '26
The High Court has ordered Roko Construction Limited to pay USD 1,059,350.84 (Shs 3.92bn) to Mehta Electricals Ltd for unpaid electrical equipment and installation works carried out on several projects.The dispute stems from sub-contracts awarded in May 2016, when Mehta Electricals Ltd was