Business •
18 Mar '25
Uganda is one of the top 26 countries that face significant risks due to the reductions in U.S. foreign aid, particularly impacting health sector financing.According to an analysis from the Washington, D.C.-based
Business •
12 Mar '25
Several Ugandan ministers have amassed significant wealth, allowing them to own multi-million dollar homes abroad. These luxurious properties reflect their status and success, often sparking public interest and scrutiny.One notable example is Captain George Mike Mukula, the National Resist
Business •
12 Mar '25
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Business •
12 Mar '25
General Caleb Akandwanaho, widely known as Salim Saleh, is a prominent figure in Uganda's political and economic landscape.As the younger brother of President Yoweri Museveni, Saleh has wielded significant influence in shaping the country's economic policies and development strategies.
Business •
11 Mar '25
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
Business •
09 Mar '25
The National Resistance Movement (NRM) Parliamentary Caucus, led by President Yoweri Kaguta Museveni, met at State House on March 7, 2025, to discuss budget priorities for the 2025–2026 financial year, corruption, and the impact of USAID funding withdrawal.
Business •
09 Mar '25
In Uganda’s politics, the journey from honor to hardship can be as swift as the blink of an eye. One day, a Member of Parliament enjoys the title of “Honorable,” the next, they are struggling to afford medical care.
Business •
07 Mar '25
Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater to the unique needs of affluent and business customers.The Infinite Card, a globally recognized ultra-premium debit or credit card,
Business •
07 Mar '25
Uganda has officially joined the Fund for Export-Development in Africa (Feda),marking a significant step in the country’s economic transformation and its commitment to industrialization and value-added export development across Africa.The signing of Feda's Establishment Agreement took pl
Business •
07 Mar '25
Lawmakers and civil society groups are now calling for independent investigations and accountability for security forces involved in the violenceThe government has announced that some civilians arrested during the recent violence at a Kawempe by-election campaign