Business •
07 May '26
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Business •
07 May '26
A Makerere University pharmacy lecturer has done something Uganda’s pharmaceutical sector has been waiting for someone to do for a long time — taken traditional plant knowledge, put it through rigorous science, and come out the other side with a product the National Drug Authority has formall
Business •
07 May '26
Gen Muhoozi Kainerugaba has cautioned BoU Governor Atingi-Ego over criticism of the sovereignty bill, as concerns grow about its economic impact.Gen Muhoozi Kainerugaba warns BoU Governor Atingi-Ego over his public comments.Atingi-Ego cautions that the sovereignty law could cause an
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 •
05 May '26
Some opposition MPs were given Shs100m each to vote Yes for Sovereignty Bill, reports have emerged on the day Parliament is preparing to vote on the contentious piece of legislation. Uganda’s Protection of Sovereignty Bill, 2026, which was tabled in April 2026, is presented by the govern
Business •
03 May '26
Refugee-hosting communities have raised concerns, warning that the newly proposed Protection Sovereignty Bill could frustrate humanitarian responses to the needs of refugees.Leaders in the area say Uganda's larger sections rely on external support, especially in matters related to the welf
Business •
03 May '26
Uganda’s Ministry of Science, Technology and Innovation has announced plans to seek restriction of spare parts importation to allow the country's indigenous car making company, Kiira Motors expand its local market share.The ministry says it is set to seek Cabinet approval to restrict the
Business •
02 May '26
The Judiciary has taken a significant step toward modernizing its operations with the advancement of a new Monitoring and Evaluation (M&E) System designed to enhance transparency, performance tracking, and evidence-based decision-making across the institution.In a high-level preparator
Business •
02 May '26
Iran released a statement on Saturday, saying it will enforce “new rules” over waters along its coastline in the Arabian Sea and the Strait of Hormuz, making the waters “a source of security and prosperity for the region”.The announcement came as US Treasury Secretary Scott Bessant
Business •
01 May '26
Kampala Capital City Authority (KCCA) has announced plans to introduce electric buses into the city’s public transport system before the end of May, following approval from Cabinet.KCCA Executive Director Sharifah Buzeki said the long-awaited initiative is now ready for rollout, with fin