Business •
07 May '26
The High Court has dismissed an application filed by Henry Mwebe, who had sought to revive a Shs 24 million claim against a friend, Robert Kagoda.In a ruling delivered on April 29, 2026, Justice Susan Odongo said the matter had already been decided by the Nabweru Chief Magistrate’s Court
Business •
07 May '26
Lawmakers say unpaid utility bills and taxes at Uganda’s New York mission risk service disconnection and reputational damage abroad.Parliament’s Foreign Affairs Committee has warned that Uganda risks diplomatic embarrassment in the United States if government fails to clear more than S
Business •
07 May '26
The economy faces potential instability following the revelation that the seven laptops stolen from the Bank of Uganda on Monday held sensitive information. In response, a collaborative security team has ramped up efforts to locate the missing devices. Additionally, 30 laptops colle
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
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
More than 7,000 households in Nakasongola District remain within the newly demarcated Lake Kyoga buffer zone, two years after the government issued a six-month eviction notice, raising concerns over displacement without compensation or relocation plans.In June 2024, authorities directed al
Business •
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 •
05 May '26
Uganda is deepening its involvement in the International Criminal Court through judicial nominations and representation, but shifting global power dynamics, US opposition, and strained alliances raise questions about whether the country’s participation serves its long-term political and economi
Business •
05 May '26
Preliminary investigations indicate that the suspects struck in the early hours of Monday, gaining access through a gate opposite City Square before entering the bank’s commercial offices, where they reportedly spent nearly three hours undetected.Bank of Uganda headquarters in Kampala (P
Business •
04 May '26
Security forces have arrested dozens of suspects in a coordinated crackdown on alleged stolen mobile phone networks, targeting major commercial buildings in central Kampala including Mutaasa Kafeero Plaza, City House, and Kalungi Plaza.Security forces have arrested dozens of suspects durin