Business •
09 Jun '26
The killing of Rugby Cranes player Sydney Gongodyo by a mob in Kira in Kampala on Friday has renewed concerns about public safety and the growing incidence of mob justice amid reports of murder, robbery and theft in different parts of the country.Gongodyo, 27, was allegedly attacked by an
Business •
06 Jun '26
The Inspectorate of Government (IGG) has reportedly completed a preliminary report on former Speaker of Parliament Anita Annet Among, highlighting a number of issues related to asset declarations, parliamentary expenditure, recruitment practices and foreign travel that investigators believe requi
Business •
03 Jun '26
special forensic investigation by the Auditor General has severely faulted the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Ibrahim Kaddunabbi Lubega, over a string of blatant financial and administrative irregularities.A special forensic investigation by the Audito
Business •
02 Jun '26
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU
Business •
01 Jun '26
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (
Business •
25 May '26
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
Business •
24 May '26
Since it was announced that Starlink had been granted a licence to operate in Uganda, there has been significant debate around what this means for Uganda’s communications sector and the terms of the licence in particular.Taxation of Starlink and data sovereignty are two of the key issues
Business •
23 May '26
The Government of Uganda officially invested up to Shs750bn into the Matugga-based DEI Pharmaceuticals manufacturer, which earned Ugandans a shareholding of 9% in the business. This PPP decision was controversial from the very inception as a significant number of MPs protested and questioned the
Business •
18 May '26
The Commercial Court has ordered an architectural firm to refund more than USD132,000 (about Shs446 million) to Meera Investment Ltd after finding that it breached a consultancy agreement relating to the expansion of Kabira Country Club.In a ruling delivered on April 3, Acting Judge Susan
Business •
16 May '26
KAMPALA, Uganda — Uganda’s political establishment was thrown into fresh turmoil on Saturday after the dramatic arrest of Parliament’s Director of Communication and Public Affairs, Chris Obore, in what insiders describe as an expanding anti-corruption crackdown targeting powerful figures li