Business •
09 May '26
Eng. Joselynne Rwakakooko was appointed the acting managing director of UEDCL, replacing Paul Mwesigwa, and her first move has been to sack the top management in a move seen as done either in panic, office politics or sheer excitement.The ongoing restructuring at the Uganda Electricity Dis
Business •
09 May '26
Entebbe International Airport is fully prepared to facilitate the arrival and departure of foreign dignitaries expected for President Yoweri Museveni’s swearing-in ceremony next week, the Uganda Civil Aviation Authority (UCAA) has announced.Speaking on Thursday at the Uganda Media Center
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09 May '26
Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan national, worked as an account manager at a top Beverly Hills firm, which handles the financial and business affairs of elite celebri
Business •
07 May '26
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
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07 May '26
The Uganda Cancer Institute (UCI) and French healthcare company Tyllium SAS on Wednesday signed an agreement to design, construct and equip a modern Diagnostic and Oncology Centre in Mbarara, in a project backed by the French government aimed at expanding access to cancer care in Uganda.Th
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07 May '26
Lira City, Uganda: Police in the North Kyoga region have arrested a 54-year-old businessman in an intelligence-led operation linked to a stolen motorcycle from Kampala, uncovering what investigators say could be a wider network of motorcycle trafficking and document forgery.The suspect, Ok
Business •
07 May '26
The Ministry of Works and Transport is drafting legislation to introduce accident victim assessors, a new cadre of professionals expected to quantify compensation claims and strengthen accountability for road crashes. Officials say the proposed law will empower assessors, also referred to
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06 May '26
An Accra High Court has struck out charges against Abdul-Wahab Aludiba, former Chief Executive Officer of the National Buffer Stock Company Limited, and his wife, Faiza Seidu Wuni. The two were discharged by the court but were subsequently re-arrested by officials of the Economic and Organ
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06 May '26
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
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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