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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

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MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

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Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l

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Ugandans urged to turn up for Muhoozi birthday run at Kololo

Ugandans urged to turn up for Muhoozi birthday run at Kololo

KAMPALA — The Secretary General of the Patriotic League of Uganda (PLU) and Kasambya County Member of Parliament, Hon. David Kabanda, has called on Ugandans to participate in large numbers in the upcoming birthday run organized in honor of Gen. Muhoozi Kainerugaba.The run is scheduled to

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Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell

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Katikkiro Mayiga Tasks Buganda Representatives to Promote Unity in Ankole–Kigezi

Katikkiro Mayiga Tasks Buganda Representatives to Promote Unity in Ankole–Kigezi

The Katikkiro of Buganda, Charles Peter Mayiga, has called upon newly sworn-in Buganda Kingdom representatives in the Ankole–Kigezi region to actively promote unity, cultural identity, and effective communication among the Kabaka’s subjects.The remarks were made during the official swe

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Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g

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Judiciary Trains Ibanda Leaders to Boost Grassroots Justice

Judiciary Trains Ibanda Leaders to Boost Grassroots Justice

Local leaders equipped with Small Claims skills to speed up dispute resolution and ease court backlog.The Judiciary of Uganda has trained local leaders in Ibanda District on handling small claims and strengthening dispute resolution at the community level, as part of efforts to improve acc

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Nabbanja cracks the whip: PM demands results as national performance conference opens in Munyonyo

Nabbanja cracks the whip: PM demands results as national performance conference opens in Munyonyo

KAMPALA – There was no room for excuses as Prime Minister Robinah Nabbanja took to the podium at the opening of the National Performance Review Conference 2026, delivering a blunt message to government officials: Ugandans want results — not reports.Speaking at the Speke Resort Conventi

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Government Threatens Closure of New Best Hotel Over Alleged Misconduct

Government Threatens Closure of New Best Hotel Over Alleged Misconduct

Kampala — Authorities have issued a warning to New Best Hotel following reports of alleged misconduct at its premises, raising concerns over violation of operational guidelines.According to information obtained by this publication, government officials are considering closing the establi

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