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
Abitex and Bajjo face possible jail after being accused of misusing over UGX 3 billion in government SACCO funds meant to support Ugandan promoters.Abitex, Bajjo Face Jail Over Misused SACCO FundsTop Ugandan events promoters, including Abitex and Bajjo, are facing possible jail time
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
Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said
Business •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
Hon. Mathias Mpuuga, Hon. Medard Lubega Sseggona and Hon. Asuman Basalirwa visited Butambala County MP, Mohammed Muwanga Kivumbi, at Kitalya Prison today, where he is being held on charges of terrorism. The visit was confirmed by the Democrat Front Party, which shared the update along with a phot