Business •
01 Jun '26
The High Court has ruled that the sale of a mortgaged property in Najjera by Housing Finance Bank was unlawful, negligent, and conducted at a gross undervalue. Justice Susan Odongo delivered the decision in a case filed by Barnabas Samuel Aliku and Christine Mutesi Aliku, who accused the bank of
Business •
01 Jun '26
The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn), to finance the 326km Standard Guage Railway project.This followed a commitment given by Dr. Abdul Kamara, Vice Preside
Business •
01 Jun '26
The government is set to introduce new regulations aimed at strengthening environmental governance and natural resource management at district and urban levels across the country. The proposed regulations, being developed by the National Environment Management Authority (Nema), seek to operationa
Business •
01 Jun '26
Bwongyera Health Centre III is set for a major facelift in the 2026/27 financial year, but residents say improved infrastructure must be matched with increased staffing and better road access to address growing healthcare demands.Bwongyera Health Centre III in Ntungamo District is set to b
Business •
01 Jun '26
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (
Business •
01 Jun '26
The Office of the Prime Minister (OPM) has commenced the disbursement of Shs2.8 billion under the long-awaited Shs80 billion national cattle restocking programme. However, the intervention has faced immediate scrutiny, with critics and local leaders describing it as a "drop in the ocean" g
Business •
01 Jun '26
Seven men are set to appear before Buganda Road Chief Magistrate’s Court today after police completed investigations into a high-profile robbery in which more than Shs 620 million was stolen from a businessman in Kampala.The suspects, identified as Mulindwa Sharif, Akid Khalid alias Bomb
Business •
01 Jun '26
Two women were killed instantly and several other people injured after a Toyota Mark X reportedly lost control and rammed into pedestrians near Centenary Bank in Mityana Municipality, sparking renewed concerns over road safety in urban centres.Two people, both female and yet to be identifi
Business •
01 Jun '26
Residents in Central and across several parts of Uganda were left shaken on Sunday night after an earthquake measuring about 4.5 magnitude struck the country.Multiple earthquake trackers including the United States Geological Survey and the IRIS seismic monitor indicated that the tremor oc
Business •
01 Jun '26
Kampala Capital City Authority has begun evaluating Kiira Motors’ production capacity as the city moves to scale up electric bus deployment and lay groundwork for a future Bus Rapid Transit system.Kampala Capital City Authority (KCCA) has begun assessing Kiira Motors Corporation’s capa