Business •
03 Jun '25
Microsoft founder Bill Gates says that most of his fortune will be spent on improving health and education services in Africa over the next 20 years.The 69-year-old said that "by unleashing human potential through health and education, every country in Africa should be on
Business •
02 Jun '25
Speaker of Parliament Anita Annet Among and her deputy, Thomas Tayebwa, have officially indicated their intention to seek re-election to their respective leadership positions in the 12th Parliament, citing consistency, trust, and long-standing practice within the ruling National Resistance Moveme
Business •
02 Jun '25
Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces
Business •
02 Jun '25
The Directorate of Traffic and Road Safety has temporarily suspended the issuance of fines under new traffic regulations, citing the need to educate motorists before full enforcement resumes.The announcement was made by Assistant Inspector General of Police (AIGP) Lawrence
Business •
01 Jun '25
After 14 years at the heart of Uganda’s sports and entertainment scene, Legends Rugby Grounds, popularly known as Legends, has officially shut its doors.The closure was confirmed in a public notice issued by management, citing the expiration of the venue’s lease on Plot 1 & 3 Sport
Business •
01 Jun '25
Works and Transport Minister Gen Edward Katumba Wamala has pledged urgent government action to restore Uganda’s collapsing highways, beginning with the Kampala–Jinja route, a key regional trade corridor now in a state of disrepair.“No highway should be allowed to deteriorate,” the
Business •
31 May '25
Uganda and the United Nations High Commissioner for Refugees (UNHCR) have issued an urgent appeal for international support as the country faces a steep rise in refugee arrivals amid a deepening funding crisis.In a joint statement released on May 30, the Government and UNHCR warned that un
Business •
31 May '25
President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re
Business •
29 May '25
Sidi Ould Tah of Mauritania has been elected as the ninth President of the African Development Bank Group (AfDB), succeeding Nigeria’s Akinwumi Adesina, whose decade-long tenure ends this September.The announcement was made following a high-stakes vote by the AfDB’s Board of Governors
Business •
29 May '25
The National Unity Platform (NUP) has issued a nationwide call for expressions of interest from party members seeking to contest various elective positions in the upcoming 2026 General Elections.The announcement, published in the Daily Monitor, signals the party's formal commencement of it