Business ground to a halt in Luweero’s Balikyewuunya roadside market after vendors went on strike protesting the eviction of taxi operators, with traders warning that their livelihoods are at risk without customer traffic.Business came to a standstill at the busy Balikyewuunya roadside m
Food prices in Nebbi town have risen following the eviction of street vendors by municipal authorities.The vendors had been operating in kiosks and makeshift structures within the town. The move has left many vendors struggling to make ends meet, while consumers, particularly low-income ea
TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade
Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it
Authorities in Mukono Municipality have relocated traders to a new site following their eviction from Kame Valley Market, sparking mixed reactions over the suitability of the new location.The relocation follows a two-day operation conducted last week, during which municipal enforcement off
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
Authorities in Mityana Municipality have intensified enforcement of the trade order policy as part of ongoing efforts to restore order and improve business operations in the town’s central areas.Municipal Mayor Faustin Mukambwe Lukonge has issued a stern warning to street vendors who con
Transport operators in Rukungiri District have raised concerns over the rising fuel prices, saying the situation is increasingly affecting their daily operations and livelihoods.The concern follows recent global tensions involving Iran, the United States, and Israel, which have contributed
As digital banking adoption accelerates across East Africa, concerns over cybercrime continue to grow, with fraudsters increasingly targeting unsuspecting users through sophisticated digital attacks.According to the Uganda Police Annual Crime Report 2024, cybercrime-related losses in Ugand
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
