Business •
06 May '26
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
Business •
06 May '26
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
Business •
06 May '26
Busiro East Member of Parliament and senior lawyer Medard Lubega Ssegona has raised sharp concerns over the recently passed Sovereignty Bill, questioning both the process and intent behind the legislation.Speaking during a live interview on NBS Television on Tuesday night, Ssegona argued t
Business •
06 May '26
The collapse of a four-storey building in Mbale city that killed one person and injured several others has exposed deep cracks in construction oversight, with engineers, leaders, and residents raising concerns over widespread non-compliance with building standards.Across Mbale’s suburbs,
Business •
06 May '26
Ipswich Town players are concerned Kieran McKenna may be poached by a Premier League rival after leading them back to the top flight.Following relegation last season, the Tractor Boys secured an immediate return from the Championship under McKenna, who has now won three promotions with the
Business •
06 May '26
Traders and businessmen were left in shock and tears after the Minister of Local Government, Raphael Magyezi, ordered that lock-ups whose leases had expired revert to the ownership of Kamuli Municipal Council.“Your 20-year lease expired in 2023 and ownership legally reverts to Kamuli Mun
Business •
06 May '26
As he marked 13 years in office, Buganda Kingdom Prime Minister (Katikkiro) Charles Peter Mayiga used the milestone to reflect on a tenure shaped by institutional reform, accountability, and difficult moments, including the Kabaka’s illness and resistance to the kingdom’s flagship Etofali cam
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06 May '26
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
06 May '26
Police in Bushenyi have arrested several drivers in a renewed crackdown on vehicles carrying excess passengers.The enforcement follows a surge in complaints from road users and on social media about dangerous overloading, with some vehicles reportedly carrying nearly double