Business •
01 May '26
At the break of dawn, before Mbale City fully wakes, the Mbale-Kampala road, which leads to Mbale-Sino Industrial Park, is already alive.Thousands of young men and women move from either direction of the road, most of them on foot and a few others on boda bodas, from their respective villa
Business •
30 Apr '26
President Yoweri Museveni has signed into law the National Drug and Health Products Authority Act, 2025, marking a major shift in Uganda’s fight against counterfeit medicines and unsafe health products.The new legislation replaces an outdated 1993 framework and establishes a powerful cen
Business •
27 Apr '26
Shs2.6 billion school project in Tororo has stalled despite extensions and added funding, prompting a contractor change and renewed scrutiny of procurement practices, contractor capacity, and accountability in public infrastructure delivery.Construction of Aturukuku Seed Secondary School i
Business •
27 Apr '26
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
Business •
26 Apr '26
Allen Kagina, former Executive Director of the now-defunct Uganda National Roads Authority (UNRA), and Gen. Katumba Wamala, Minister of Works and Transport, are central figures in Uganda’s road infrastructure sector, now under renewed scrutiny following a High Court ruling on procurement integr
Business •
26 Apr '26
Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China National Offshore Oil Corporation (CNOOC).The government has set July as the target for first oil, marking the country’s lon
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).
Business •
25 Apr '26
Gender Minister Betty Amongi has hit back at Health Minister Jane Ruth Aceng over allegations of witchcraft in the Lira City Woman MP race, escalating a political feud marked by claims of electoral interference, misuse of security forces, and deepening divisions within Lango’s leadership.