Business •
30 May '26
The death of Xavier Kitaka, the founder of MTK Uganda, has put the firm on the brink of collapseMTK Uganda, once regarded as one of Uganda’s biggest agro and animal health companies, has suffered another major legal setback after the High Court ordered it to pay more than Shs 640m to Fre
Business •
24 May '26
Iran’s Islamic Revolutionary Guard Corps ran parallel procurement operations through the United Arab Emirates and Chinese suppliers to covertly acquire advanced military technology used to target American forces and US-allied infrastructure across the Middle East, according to two Financial Tim
Business •
23 May '26
Outgoing Minister of Finance for General Duties Henry Musasizi has warned against corruption in local government institutions, citing alleged bribery in district service commissions and irregularities in procurement processes.Musasizi made the remarks on Friday while addressing councillors
Business •
23 May '26
Tea farmers in Bushenyi have expressed anger and frustration after the High Court dismissed their case against the Igara Growers Tea Factory board, ruling that the matter should have been handled by the Uganda Registration Services Bureau, leaving the leadership dispute unresolved.Tea farm
Business •
21 May '26
The authority has also urged taxpayers to complete the process early to avoid disruptions when accessing tax services after the July 2026 deadline.The Uganda Revenue Authority (URA) has announced a nationwide update of taxpayer registration records in a move aimed at strengthening tax admi
Business •
18 May '26
The directive, issued by President Yoweri Kaguta Museveni, places the investigation into alleged corruption, unexplained wealth, and procurement irregularities at the center of what has now evolved into a high-stakes political and institutional inquiry affecting Parliament and its leadership circ
Business •
16 May '26
The Supreme Court has ordered Samuel Mukasa, the founder of Biyinzika Enterprises, to refund his foreign business partners more than Shs 130 million after a failed poultry farming land deal.Mukasa and his wife Milly Mukasa established Biyinzika Enterprises Limited, now Biyinzika Poultry In
Business •
15 May '26
Iran is advancing proposals to establish regulatory control over all seven undersea fibre-optic internet cables passing through the Strait of Hormuz, a critical global data corridor linking Asia, the Gulf region, and Europe. The initiative forms part of broader efforts to assert greater authority
Business •
12 May '26
The murder trial of businesswoman Molly Katanga took a dramatic turn of events Monday after the State accused her of withdrawing more than Shs40 billion from a Euro account belonging to her deceased husband, businessman Henry Katanga, even while she admitted at International Hospital Kampala (IHK
Business •
12 May '26
Normal bus services from Gulu City to Uganda’s capital, Kampala, were significantly disrupted on Tuesday as President Yoweri Kaguta Museveni took the oath for a seventh term in office. The Gulu-Kampala Highway is a major transport corridor linking towns and cities in the Acholi sub-region and n