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 •
07 May '26
growing number of Members of Parliament-elect are reportedly evading service of election petitions, raising concerns over access to justice and the increasing risk of cases being dismissed on technical grounds.Last month, the High Court in Gulu, presided over by Justice Phillip Odoki, allo
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
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
Unknown gunmen have shot dead a security guard in Gulu city, northern Uganda and fled with his firearm.The deceased has been identified as Ronald Obedi, a guard attached to Samurai Security Protective Services Uganda Ltd. The attackers reportedly shot Obedi at about 9:30 p.m. on Tuesday wh
Business •
05 May '26
Lira City is sheltering a peculiar breed of youngsters, calling themselves "Billionaires in the Making". They are the sons and daughters of the wealthy, living life as if there is no tomorrow. Their ugly dream is: "One day, it will all be mine." These people are convinced that they are act
Business •
05 May '26
The 2021–2026 cabinet has concluded its term, with ministers directed to hand over their offices to permanent secretaries following their final meeting on Monday.President Yoweri Museveni thanked the outgoing ministers for what he described as a job well done. This was the cabinet he onc
Business •
05 May '26
Tensions peaked today, Monday, when President Museveni chaired the final Cabinet meeting of the outgoing government (2021–2026) at State House, Entebbe—a decisive moment that effectively marked the end of the current ministers’ tenure.By presiding over this last sitting ahead of a ne
Business •
05 May '26
President Museveni is seen on a giant screen as he delivers remarks during what he described as the final Cabinet meeting and luncheon of the outgoing government at State House Uganda on May 4, 2026. PHOTO/HANDOUTThe curtain came down on the last Cabinet sitting of the current government o
Business •
05 May '26
From left, Betty Nakisita, Persis Namuganza, and Yona Kayogera. Their parliamentary election victories are being challenged in court.Four candidates who lost parliamentary races in Namutumba District have filed petitions at the High Court in Iganga, challenging the election of newly declar