Business •
11 May '26
While the presidency is a coveted position, its allure has put prospective suitors in sharp focus of succession battles in the ruling National Resistance Movement (NRM) party. Parliament Speaker Anita Among has become the latest in a long line of presumptive or declared suitors, stretchin
Business •
06 May '26
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
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 •
04 May '26
Kampala, Uganda — Fresh allegations have surfaced within Kampala’s political circles, suggesting efforts to influence the upcoming Kampala Capital City Authority (KCCA) Speakership race through behind-the-scenes lobbying of Lord Councilors.Sources within City Hall claim that a senior p
Business •
03 May '26
Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust
Business •
03 May '26
Uganda has been ordered to pay about Shs522 billion ($138.93 million) to Rift Valley Railways Uganda Limited (RVRU) after an international arbitration tribunal in London found that the government “wrongfully terminated” a railway concession agreement.The dispute arises from a regional
Business •
03 May '26
In the grand theatre of history, nations are not remembered for the eloquence of their lamentations, but for the audacity of their innovations. Civilizations rise not merely upon the abundance of natural resources beneath their soil, but upon the depth of scientific imagination cultivated within
Business •
02 May '26
Uganda has announced plans to begin manufacturing its own satellites, as part of the country’s ambition to enter the global space economy and transition into a knowledge-based economy.This was revealed during the opening of the National Science Week 2026 at Kololo Independence Grounds in
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
01 May '26
In a policy message ahead of the celebrations, Col. (Rtd) Dr. John Francis Ongia, UDC’s Senior Liaison Officer, unveiled what he termed the “AKISONI Framework”—a phased strategy designed to align consumer needs with national industrial ambitions.Dr. Ongia said current public and po