Business •
04 Mar '26
British national Samuel Leeds has spent £150,000 (about Shs743 million) to charter a private jet from Dubai to the United Kingdom amid rising tensions in the Middle East.Leeds, who is married to a Zimbabwean, became known in Uganda in 2024 when he donated a hospital ward worth about Shs1
Business •
04 Mar '26
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
Business •
28 Feb '26
Electricity generation in Nigeria has fallen to an average of 4,300 megawatts (MW) following a significant reduction in gas supply to thermal power stations, the Nigerian Independent System Operator, NISO, has disclosed.In a power supply update issued to journalists in Taraba state, the Yo
Business •
24 Feb '26
The Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has revealed that he will consult President Yoweri Museveni on the race for Speaker of Parliament while declaring corruption Uganda’s biggest enemy.“As for Speaker and all the other positions you are asking me about, I shall consul
Business •
24 Feb '26
Held in prison for long, denied bail, denied access to his doctors for proper medication and now he’s been denied prayers organized at Lubaga Cathedral. This time not on orders of a judge like Emmanuel Baguma but on orders of president Museveni through a call to the Archbishop Paul Ssemwogerere
Business •
22 Feb '26
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
Business •
21 Feb '26
KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun
Business •
20 Feb '26
Former Supreme Court Justice Esther Kisaakye has insisted that she is no longer a serving judge and rejects the jurisdiction of a judicial tribunal appointed to investigate her alleged misconduct. “I’m a retired judge. The tribunal has no jurisdiction over me,” said Kisaakye, who says she i
Business •
20 Feb '26
A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s
Business •
20 Feb '26
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t