Business •
13 May '26
KAMPALA, Uganda — Motorists using the Nateete–Nakawuka Road corridor should prepare for significant traffic disruptions beginning Friday as the Ministry of Works and Transport closes a section of the road for drainage construction.The ministry announced Wednesday that the stretch betwe
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
19 Apr '26
Parliament has rejected a proposal by the Ministry of Energy and Mineral Development to allocate an additional 300 billion Shillings for rural electrification in the 2026/27 financial year.Presenting the report of the Committee on Natural Resources, Soroti East MP Herbert Ariko urged the g
Business •
09 Mar '26
In the latest episode of the very popular Bad Natives Podcast, comprising of Andrew Mwenda, Robert Kabushenga and Onyango-Obbo, the Independent Magazine CEO asserted that it was too early for anyone to write off DP President Norbert Mao in the Speakership race.He went as far as claiming th
Business •
20 Dec '25
Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve
Business •
20 Sep '24
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
Business •
18 Sep '24
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in