Business •
22 Feb '26
Peter MukuruKAMPALA, Uganda — The Uganda Development Bank (UDB) has announced the appointment of Peter Mukuru as Director of Business Technology and Member of the Executive Committee, strengthening the Bank’s leadership as it accelerates its digital transformation agenda.Mukuru
Business •
20 Feb '26
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
Business •
20 Feb '26
Ugandan security agencies have revealed that four submachine guns recently recovered in separate operations were linked to at least 12 murders and 30 aggravated robberies across the Kampala Metropolitan Area.Police say the recovery of the firearms marks a major breakthrough in efforts to c
Business •
20 Feb '26
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and Teso.The newly constructed Lake Kyoga ferries docked at Bukungu Landing Site in Buyende ahead of commissioning.B
Business •
17 Feb '26
The President of Kenya and Chairperson of the East African Community (EAC) William Samoei RutoKenya’s President William Ruto has called for an emergency summit of Heads of State of the East African Community (EAC) to attempt to deal with mounting financial crisis at the regional bloc.
Business •
17 Feb '26
Rome, Italy — Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, has met the President of the International Fund for Agricultural Development (IFAD), Mr Alvaro Lario, in Rome, Italy, to discuss continued cooperation aimed at improving rural livelihoods and strengt
Business •
17 Feb '26
European Entrepreneur Vasundhara OswalKAMPALA – Entrepreneur Vasundhara Oswal has petitioned the High Court of Uganda, accusing senior Ugandan officials of grave constitutional and human rights violations stemming from her arrest and detention in October 2024.The 27-year-old Europ
Business •
12 Feb '26
The race for the Speakership of Uganda’s 12th Parliament has exposed a quiet but consequential struggle inside the ruling National Resistance Movement (NRM), with incumbent Speaker Anita Among emerging as both the symbol and beneficiary of a rapidly closing party consensus.When Norbert M
Business •
11 Feb '26
Moments following national elections often test the strength of a country’s political institutions and the maturity of its leadership. Emotions can run high, divisions may deepen, and mistrust can easily obscure national purpose. It is precisely at such moments that leadership anchored in wisdo
Business •
11 Feb '26
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.