Business •
22 Apr '25
Following the death of Pope Francis, the Catholic Church is preparing for one of its most sacred and time-honoured rituals — the election of a new pontiff.Out of the current 252 cardinals worldwide, only 138 who are under the age of 80 will converge at the Vatican to participate in the p
Business •
22 Apr '25
Pope Francis, the first Latin American leader of the Roman Catholic Church, has died, the Vatican said in a video statement on Monday, ending an often turbulent reign marked by division and tension as he sought to overhaul the hidebound institution.He was 88, and had recently survived a se
Business •
07 Apr '25
Flavia Tumusiime has been appointed Head of Broadcast at Nation Media Uganda. In her new role, she will oversee NTV Uganda, Spark TV, KFM, and Dembe FM.Flavia began her media journey on the Teens Club show at WBS TV and has since worked across television
Business •
04 Apr '25
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
Business •
30 Mar '25
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
Business •
30 Mar '25
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
Business •
30 Mar '25
A retired Ugandan army officer who was once close to President Yoweri Museveni found a new and important job after leaving the government. Colonel (Retired) Fred Mwesigye, who was part of Uganda’s military and politics for many years, is now in a powerful posi
Business •
28 Mar '25
The March 23 Movement (M23) rebels have announced plans to establish their own banking system in areas under their control in the Democratic Republic of Congo (DRC), signaling their continued hold over the region.
Business •
14 Mar '25
Dr. Kizza Besigye, a prominent Ugandan opposition leader and fierce critic of President Yoweri Museveni’s government, has recently taken a significant step in his ongoing legal battles.In a letter written from L
Business •
14 Mar '25
General Muhoozi Kainerugaba, the newly appointed Chief of Defence Forces (CDF) of Uganda, holds one of the most powerful positions in the Uganda People’s Defence Forces (UPDF).His salary, estimated at UGX 15 mil