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Uganda gets $540 million funding for cities, municipalities

Uganda gets $540 million funding for cities, municipalities

World Bank officials led by Qimiao Fan World Bank Division Director for Kenya, Rwanda, Somalia, and Uganda met President Museveni and Ministry of Finance officials at Nakasero State Lodge TuesdayKampala, Uganda | URN | Uganda has secured over 2.1 trillion Shillings (USD 540 million ) fundi

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The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation

The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation

Mrs Alice Karugaba, the founder, Nina Interiors. She received the CEO of the Year Award in 2016.Nina Interiors founder, Alice Karugaba, did not set out to build a furniture empire. She was a mother trying to make ends meet, learning to bake, selling buns to colleagues, and slowly finding h

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Coca-Cola drags distributor to court, wins Shs 412 million

Coca-Cola drags distributor to court, wins Shs 412 million

Bukusu Constructors, the distributor of Coca-Cola products in Manafwa district, has been ordered to pay the beverage giant Shs 412 million for breach of contract.Their relationship started on September 30, 2023, when Coca-Cola appointed Bukusu Constructors as its official distributor in Ma

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Govt Abandons Plan to Tax all Cash Withdrawal

Govt Abandons Plan to Tax all Cash Withdrawal

Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and

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UEDCL records Shs1.71t revenue in first year of power distribution takeover

UEDCL records Shs1.71t revenue in first year of power distribution takeover

Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo

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Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around September 13th, 2016, Mukwano Industrial Suppliers Limited based in Uganda ordered 72 metric tonnes of Liquid Glucose Concentrate

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Iran's war against the US and Israel is being fueled by North Korean weapons, expert warns

Iran's war against the US and Israel is being fueled by North Korean weapons, expert warns

The Islamic Republic of Iran’s vast missile system is the brainchild of the U.S.-designated state-sponsor of terrorism, the communist North Korea regime, which works hand in glove with Iran, according to one of the world’s leading experts on the Iran-North Korea strategic alliance."The

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All Cash Withdrawals Now to be Taxed:

All Cash Withdrawals Now to be Taxed:

Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult

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Kampala Flood Victims Rush to Verify Names Ahead of Shs20bn Compensation

Kampala Flood Victims Rush to Verify Names Ahead of Shs20bn Compensation

Traders affected by the late 2025 floods in Kampala are scrambling to confirm their eligibility for compensation as verification begins, amid confusion over the status and release of government funds.Flood-affected traders in Kampala have flocked to FUTA offices to verify whether their nam

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Relief as Najjera–Kira road nears completion

Relief as Najjera–Kira road nears completion

Tarmacking of the section this week reached Najjera Police Station, about half a kilometre from Kiwatule where the works are expected to end Residents and motorists using the Kiwatule–Najjera–Kira road are finally seeing visible progress, bringing long-awaited relief after years of nav

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