Business •
10 Dec '25
The Energy Minister argued that ignoring performance deficiencies would endanger the electricity sector more than confronting them, especially given mounting public frustration.Uganda’s Energy Minister Ruth Nankabirwa has defended her directive for a full board-led investigati
Business •
09 Dec '25
An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national
Business •
09 Dec '25
A world record run of 18 consecutive victories has set up Achraf Hakimi-inspired Morocco perfectly for their 2025 Africa Cup of Nations (AFCON) campaign on home soil.Morocco national football teamThe streak began in June 2024 when they edged Zambia 2-1 in a 202
Business •
06 Dec '25
Mr Kamugisha stated that popular platforms such as TikTok, YouTube, Facebook, X (formerly Twitter), and Instagram are all under review ahead of the general elections set for mid January 2026.The Ugandan government is planning to impose restrictions on internet access, including
Business •
27 Nov '25
The State House Anti-Corruption Unit (SH-ACU) on Wednesday convened a baraza with Mbarara City leaders, market vendors and their representatives in a bid to resolve longstanding concerns affecting operations at Mbarara Central Market.The engagement brought together the Mbarara C
Business •
23 Nov '25
Solid inflows clash with a weak altseason index, so all’s not what it seems.Wall Street finally is giving altcoins a seat at the table - But can they keep it?Key TakeawaysAre altcoin ETFs enough to trigger an altseason?Early inflows are strong for some assets, but th
Business •
21 Nov '25
Just as Kampala is still buzzing over tycoon Hamis Kiggundu’s fierce showdown with the so-called “Nakivubo Channel demons”, his brother Haruna Ssentongo has been thrown back into the spotlight — this time over a controversial Shs 2.4 billion property deal that has refused to die since 201
Business •
19 Nov '25
Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than
Business •
15 Nov '25
Born with HIV via mother-to-child transmission, Nawanyaga's personal journey has become the cornerstone of her political mission. The race for Youth Member of Parliament (MP) Central Region has taken a historic turn with the candidacy of Gloria Nawanyaga, a lawyer and youth advo
Business •
08 Nov '25
Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next.Gold is still on pace for its best year since 1979, driven by central bank purchasing and increased in