Business •
06 May '26
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
06 May '26
Police in Bushenyi have arrested several drivers in a renewed crackdown on vehicles carrying excess passengers.The enforcement follows a surge in complaints from road users and on social media about dangerous overloading, with some vehicles reportedly carrying nearly double
Business •
06 May '26
Arua City has always been a place of movement. By daybreak—around 6am—its streets pulse with the high tempo of trade: vendors calling out prices, boda-bodas weaving through traffic, children darting between homes and schools, and street vendors oscillating in all directions to make ends meet.
Business •
06 May '26
KAMPALA, May 5, 2026 — Ugandan security agencies have arrested a Ugandan national and several Nigerian associates following an intelligence-led operation that uncovered a suspected international drug trafficking and document fraud network operating from Kampala, the Ministry of Internal Affairs
Business •
06 May '26
Unknown gunmen have shot dead a security guard in Gulu city, northern Uganda and fled with his firearm.The deceased has been identified as Ronald Obedi, a guard attached to Samurai Security Protective Services Uganda Ltd. The attackers reportedly shot Obedi at about 9:30 p.m. on Tuesday wh
Business •
05 May '26
Police digital forensic analyst Enock Kanene told court that the material in question moved in one direction—from Ssentongo’s device to the contact associated with the pastor.Pastor Robert Kayanja in the dock at Mwanga II Magistrate’s Court in Mengo during a previous court proceeding
Business •
05 May '26
Parliament has approved a Shs1.1 trillion Supplementary Expenditure Schedule No.5 for 2025/2026 to cater for the swearing in ceremony of President Yoweri Museveni, preparations for the African Cup of Nations (AFCON) 2027 and elections of local councils, among others. The Minister of State
Business •
05 May '26
Government is edging closer to granting an operating licence to Starlink, the satellite broadband venture backed by Elon Musk, as part of efforts to widen internet access and ease connectivity costs.ICT and National Guidance minister Chris Baryomunsi said discussions with the company are a
Business •
05 May '26
Children in Uganda’s eastern district of Budaka arrive at school each day in neat uniforms, exercise books in hand, ready for lessons. But for many, the school day has long been marked by something less visible: hunger.Teachers say signs are familiar, drooping heads by mid-morning, decli