Business •
06 Feb '26
Bukoto West MP Muhammad Mayanja Ssentayi has explained why he believes the UGX 300 million Parliament plans to give members of the 12th Parliament to buy vehicles is not enough to support their work over a full five-year term.Speaking in an interview on UBC TV, the NRM MP said a car, unlik
Business •
02 Feb '26
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Business •
17 Dec '25
It all started with Senior Advocate Asuman Kiyingi’s phone being hacked sometime last month and effectively getting taken over by cyber offenders who took charge and sent out messages soliciting tens of millions of shillings from his friends and contacts. They reached out to a lot of big people
Business •
14 Nov '25
Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea
Business •
10 Aug '25
Liverpool and Crystal Palace will meet at Wembley on Sunday for the Community Shield and a number of new big-money signings could feature for the Premier League champions
Business •
10 Aug '25
When Salman Subeyr Haji sneaked into Kenya in 2024, law enforcers around the world were
Business •
09 Jul '25
A behind-the-scenes political strategy by FDC Secretary General Nandala Mafabi may have stopped a mass defection of MPs to the new Katonga-based Freedom and Unity Front, also known as the People’s Front for Freedom (PFF), led by Ibrahim Semujju Nganda.Accordin
Business •
25 Apr '25
President Museveni has pledged to fund the construction and renovation of a school and mosque in memory of the former Supreme Mufti Shaikh Zubair Kayongo.The initiative, aimed at honouring the legacy of one of Uganda’s most influential Muslim leaders, was announced durin
Business •
30 Sep '24
It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling better and all the small wounds on the skin are covering up. However, there is still excruciating pain in the inner part
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu