Business •
02 Feb '26
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue
Business •
31 Jan '26
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
Business •
31 Jan '26
Ugandan President Yoweri Museveni has alleged that the National Unity Platform (NUP), led by his two-time challenger Robert Kyagulanyi, popularly known as Bobi Wine, manipulated the 2021 General Election by introducing 2.7 million fake votes, one million locally and 1.7 million imported from Duba
Business •
31 Jan '26
Dr Zedriga reportedly went missing on January 18, 2026, three days after the general elections, in which NUP leader, musician-turned-politician Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, challenged long-time president Yoweri Museveni.NUP's Lina Zedriga (courtesy)The U
Business •
31 Jan '26
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
Business •
31 Jan '26
The directive was issued by Justice Joyce Kavuma on Friday while hearing an application filed by Tukamushaba’s lawyers, who want the court to compel authorities to produce her or explain her whereabouts.The High Court in Kampala has ordered the Inspector General of Police (IGP) to clarif
Business •
31 Jan '26
The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to an “investor” is fake.According to the Special Presidential Assistant- Press and Mobilization also Deputy Presidentia
Business •
31 Jan '26
President Museveni claimed that one million fake ballots were printed locally in Kampala, while 1.7 million were printed in Dubai and smuggled into Uganda, allegations he said were uncovered after the previous election cycle.Kampala, Uganda: President Yoweri Kaguta Museveni has alleged tha
Business •
31 Jan '26
From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o
Business •
30 Jan '26
Three people have been reported dead in a fatal accident that happened in Buwolya Town council Mayuge district on Wednesday 28th January 2026 at around 5.40pm.Busoga East Regional Police spokesperson, ASP Michael Kasadha said the accident involved a vehicle Mitsubishi Fuso Reg. No. UAR 142