Business •
03 Feb '26
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the
Business •
13 Jan '26
In every election cycle, history is summoned to the dock, not as a witness to be questioned, but as an exhibit to be defended. In Uganda’s current political season, President Yoweri Kaguta Museveni’s enduring slogan, “Protecting the Gains,” has re-emerged with renewed force and urgency. I
Business •
12 Jan '26
President Museveni concluded his campaign trail by issuing a stern warning against the theft of Parish Development Model funds, promising a nationwide audit and arrest of implicated leaders.Dear President Museveni, I write to express gratitude for your leadership and dedication to U
Business •
11 Jan '26
KAMPALA — The Criminal Investigations Directorate (CID), working jointly with the State House Anti-Corruption Unit, has launched investigations into alleged abuse of office, embezzlement of funds and falsification of accounts involving officials of Uganda Airlines.In a letter dated Janua
Business •
09 Jan '26
The State House Anti-Corruption Unit (SH-ACU) has arraigned and secured the remand of Godfrey Ssekidde Lubowa, a notorious fraudster who for years impersonated a senior Uganda People’s Defence Forces (UPDF) officer under the alias “Maj Gen Sam Kiwanuka,” after he defrauded a Kenyan investor
Business •
18 Dec '25
More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor
Business •
13 Dec '25
Beneath the glossy billboards bragging about 5G speeds and “Digital Uganda Vision 2040,” a far darker story is unfolding in the dust and heat of Uganda’s network extension sites. While Huawei basks in praise for powering Uganda’s next-generation networks
Business •
01 Dec '25
Kigali is preparing to roll out one of East Africa’s most ambitious public transport reforms, a service-led model that places efficiency, reliability and strict timekeeping at the centre of urban mobility.The reform, approved by the Rwandan Cabinet on November 28, will require public bus
Business •
25 Nov '25
Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind
Business •
18 Nov '25
The bitcoin price has crashed below $91,500, deepening a selloff that’s erased all of its gains for the year. Traders are now positioning for more pain.Bitcoin is in free fall—and traders are positioning for more pain.The Fed and AI bubble talk are two major headwinds for crypto