Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday
Business •
02 May '26
As Uganda steadily moves toward the 2026 president Museveni’s seventh term swearing in at Kololo Independent grounds on 12th May 2026 after 71.65 victory in general elections, political conversations across the country continue to intensify. Supporters, analysts, and critics alike are weighing
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
27 Apr '26
On this day in 1999, Hajj Musa Sebirumbi was executed by hanging at Luzira Upper Prison after being convicted of multiple counts of murder, in one of Uganda’s most prominent post-war prosecutions tied to the Luweero Triangle conflict.Sebirumbi, a former Uganda People’s Congress (UPC) c
Business •
26 Apr '26
Concerns are rising within Uganda’s media circles after journalist Kungu Al-Mahadi Adam warned that the proposed Protection of Sovereignty Bill, 2026 could significantly undermine press freedom, particularly through provisions he says risk criminalising legitimate reporting.Speaking duri
Business •
26 Apr '26
In his 12th October 2023 letter, President Museveni introduced Intracom company owned by a Burundian billionaire and directed the Prime Minister Robinah Nabbanja to help get the Gender Ministry surrender 130 acres out of the 377 acres which they own at Kampiringisa in Mpigi district, where the Ka
Business •
26 Apr '26
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
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 •
24 Apr '26
The High Court has thrown out a counterclaim in a commercial dispute involving money, property abroad, and the estate of Hajj Musa Sewava, a deceased businessman who founded Sir Apollo Schools in Uganda.Sewava’s son, Habib Namakajjo, had sued one of the wives of the late businessman, Mad