Business •
27 Apr '26
Shs2.6 billion school project in Tororo has stalled despite extensions and added funding, prompting a contractor change and renewed scrutiny of procurement practices, contractor capacity, and accountability in public infrastructure delivery.Construction of Aturukuku Seed Secondary School i
Business •
27 Apr '26
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
Business •
26 Apr '26
Five Supreme Court justices, led by Justice Percy Night Tuhaise, alongside Justices Christopher Madrama, Catherine Bamugemereire, Mike Chibita, and Monica Mugenyi, are reviewing a settlement agreement mediated by former Chief Justice Owiny-Dollo concerning the multibillion-shilling estate of Dr.
Business •
26 Apr '26
In his 12th October 2023 letter, President Museveni introduced Intracom company owned by a Burundian billionaire and directed the Prime Minister Robinah Nabbanja to help get the Gender Ministry surrender 130 acres out of the 377 acres which they own at Kampiringisa in Mpigi district, where the Ka
Business •
26 Apr '26
KAMPALA — City tycoon Sudhir Ruparelia has injected UGX 100 million into Gen. Muhoozi Kainerugaba’s high-profile “Run for Hope” birthday charity event, adding fresh weight to what many now see as more than just a fitness and philanthropy campaign.The event, held Sunday morning at K
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).
Business •
24 Apr '26
Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State
Business •
24 Apr '26
The High Court in Kampala has temporarily stopped the Uganda Music Promoters Savings and Credit Cooperative Society Limited (SACCO) from operating, following a dispute over alleged fraud, illegal takeover, and misuse of billions of Shillings in government funds.In an interim order issued o