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UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit

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Café Javas ordered to pay a customer Shs2 million for sending unsolicited marketing SMS

Café Javas ordered to pay a customer Shs2 million for sending unsolicited marketing SMS

Kenya’s data protection regulator has ordered Café Javas to pay compensation to a customer who received marketing messages without giving permission.The decision was made by the Office of the Data Protection Commissioner after a complaint from Steve Onwonga Omwenga. He said the restaura

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Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act

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DIRTY MONEY WATCHDOG IN THE DOCK! Probe Catches FIA Napping as Illicit Cash Slips Through the Net… Recruitment Chaos, 1,086 Suspicious Reports Ignored, 79% of Cases Stall

DIRTY MONEY WATCHDOG IN THE DOCK! Probe Catches FIA Napping as Illicit Cash Slips Through the Net… Recruitment Chaos, 1,086 Suspicious Reports Ignored, 79% of Cases Stall

For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int

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URA recovers Shs1 billion in fines from smuggled electronics

URA recovers Shs1 billion in fines from smuggled electronics

MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern region.The operation codenamed “You cannot smuggle a phone without paying taxes,” that started three weeks ago, was r

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Homes Burned as Oyam Land Dispute Turns Violent, Police Move to Restore Calm

Homes Burned as Oyam Land Dispute Turns Violent, Police Move to Restore Calm

OYAM, Uganda – Police in Oyam District have moved swiftly to restore calm following a violent land dispute that saw an angry mob torch several homes in Bar Cell, Eastern Ward, Oyam Town Council on Thursday afternoon.The Territorial Police confirmed they are investigating a case of arson

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Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec

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Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.

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Audit finds widespread financial mismanagement at National Drug Authority

Audit finds widespread financial mismanagement at National Drug Authority

A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s

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Why Kampala needs trade order now

Why Kampala needs trade order now

COMMENT | JOSEPHA JABO | On Thursday, February 5, 2026 the minister for Kampala, Minsa Kabanda, addressed journalists at Uganda Media Centre, briefing them about the new trade order, available workspaces in public markets for street vendors and the revival of the Sunday Market. The press conferen

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