Business •
04 Nov '25
Legal advisor Gert Nel from the Association for the Protection of Road Accident Victims claims the Fund manipulates its books to conceal massive debt and avoid paying accident victims.Parliament’s Standing Committee of Public Accounts (SCOPA) is trying to uncover the rot at the Road Acci
Business •
04 Nov '25
Museveni assured in a message that any mistakes linked to construction over Nakivubo Channel would be “correctedPresident Yoweri Museveni last night pledged government support for traders whose goods were destroyed in last week’s floods in downtown Kampala.Museveni assured in a
Business •
03 Nov '25
Life is full of moments where the wrong choice feels incredibly right. These temptations often whisper seductive promises: instant relief, avoided conflict, immediate satisfaction.But the thing about tempting choices is that they often lead us exactly where we don’t want to go. Sometimes
Business •
02 Nov '25
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action so far by a
Business •
29 Oct '25
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t
Business •
28 Oct '25
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
Business •
20 Oct '25
MTN Mobile Money (U) Ltd (MTN MoMo) and partners have launched a nationwide cybersecurity awareness campaign under the theme “Securing the Future: The Rise of AI” to educate customers on safe digital practices amid rising cyber threats.Speaking at a p
Business •
26 Aug '25
Uganda’s Standard Gauge Railway (SGR) project has officially moved into the implementation stage, underpinned by a robust financing structure designed to ensure timely completion.Perez Wambulu, National Coordinator for the SGR project, confirms that the government has set aside 75 millio
Business •
25 Aug '25
At the VISA-Uganda Bankers Association (UBA) Cybersecurity Summit 2025 held on August 20, 2025, at the Sheraton Hotel in Kampala, the Criminal Investigations Directorate (CID) delivered a sobering revelation: cybercrime is no longer a distant threat but a sophis
Business •
18 Aug '25
Museveni addressing the people of Lango over the weekend.President Yoweri Kaguta Museveni has proposed the formation of a select committee of trusted representatives from the Lango subregion to directly engage the government on the long-standing issue of