Business •
17 Jun '26
Delays in Uganda's digital number plate system are leaving thousands of vehicles idle, costing businesses millions and disrupting transport operations across the country.Many vehicles remain grounded due to delays in issuing ITMS digital number plates.Shortages of tracking component
Business •
17 Jun '26
sensational fraud case involving billions of shillings, allegations of counterfeit currency and a prominent Ugandan businessman has exploded in court after consultancy firm Newplan boss Omulen Levy Lawrence was cited in a purported fake money racket during proceedings that saw eleven suspects rem
Business •
17 Jun '26
Elizabeth Nyasuna, who worked as Team Leader at Stanbic Bank’s Entebbe branch, has been awarded Shs 40 million by the court after the bank unlawfully dismissed her over a suspicious Shs 75 million cash withdrawal in 2012.Justice Anthony Wabwire Musana of the Industrial Court said Stanbic
Business •
17 Jun '26
Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the
Business •
16 Jun '26
The recent announcement by the Bank of Uganda introducing new limitations to over-the-counter cash withdrawals and check payments have has raised questions over the motives behind it. The banks have been given the next six months to transition to the new policy adjustment.The new mea
Business •
16 Jun '26
The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq
Business •
16 Jun '26
Eleven suspects accused of defrauding a businessman of more than $2.5 million(approximately shs11 billion) and laundering the proceeds have been remanded to Luzira Prison by the Buganda Road Chief Magistrate’s Court.The accused include Peter Lubwama, Henry Ochown alias Malong Tong, Pasc
Business •
16 Jun '26
The World Bank-funded initiative aims to improve coffee production, strengthen climate resilience and increase household incomes among farmers in Kabale District.KABALE — Coffee farmers in Kabale District have received agricultural inputs worth Shs27 million under a government programme
Business •
15 Jun '26
Authorities in Ibanda Municipality have prioritized the redevelopment of Ssaza Daily Market as the first project to be implemented under the Uganda Support to Municipal Infrastructure Development (USMID) Program, shelving earlier plans to simultaneously undertake three major infrastructure projec
Business •
15 Jun '26
tax dispute that began more than a decade ago over Value Added Tax (VAT) on land transactions has cost the Ugandan government at least UGX 2.48 billion in refunds, interest and legal costs, but fresh documents now indicate that an additional UGX 533 million remains unresolved despite being previo