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Government invests UGX1 trillion to expand loan capacity at UDB

Government invests UGX1 trillion to expand loan capacity at UDB

KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj

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Uganda to launch nationwide road and rail overhaul in 2026

Uganda to launch nationwide road and rail overhaul in 2026

Uganda’s Ministry of Works and Transport unveils a major 2026 infrastructure plan featuring road rehabilitations, railway upgrades, and water transport projects.KAMPALA, Uganda — The Ministry of Works and Transport has unveiled a massive infrastructure plan for 2026, targeting the reha

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Sarah Bateta Okwi Appointed Acting MTN Mobile Money CEO as Richard Yego Steps Down

Sarah Bateta Okwi Appointed Acting MTN Mobile Money CEO as Richard Yego Steps Down

MTN Mobile Money Uganda has announced a major leadership transition, with Chief Finance Officer Sarah Bateta Okwi appointed Acting Managing Director and CEO, following the decision by Richard Yego to step down from his role.According to official communication from the company, Yego will ex

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Why Museveni is Firing Uganda Airlines CEO Jenifer Bamuturaki

Why Museveni is Firing Uganda Airlines CEO Jenifer Bamuturaki

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

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Beloved singer dies aged 26 after fatal snake bite as heartbroken friend pays tribute

Beloved singer dies aged 26 after fatal snake bite as heartbroken friend pays tribute

Nigerian singer Ifunanya Nwangene has tragically died aged 26 after a fatal snake bite. Following the news of her death, there has been an outpour of tributes from her heartbroken fans and loved ones. The star who rose to fame after performing on the local version of The Voice was in the capital,

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Museveni halts Central Bank directive on Sacco licensing

Museveni halts Central Bank directive on Sacco licensing

President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc

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Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

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PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

Speaking at the official release of the 2025 PLE results, UNEB Board Chair Celestine Obua said the board was determined to reintroduce proposals first tabled in 2021 to reform how PLE results are graded and reported.The Uganda National Examinations Board (UNEB) has renewed plans to abolish

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PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

PLE Results: UNEB set to end ‘Aggregate’ grading system amid skyrocketing exam cheating

Speaking at the official release of the 2025 PLE results, UNEB Board Chair Celestine Obua said the board was determined to reintroduce proposals first tabled in 2021 to reform how PLE results are graded and reported.The Uganda National Examinations Board (UNEB) has renewed plans to abolish

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PLE Results: Kisoro, Kampala lead districts with most withheld exams

PLE Results: Kisoro, Kampala lead districts with most withheld exams

UNEB Executive Director Dan Odongo disclosed that in some centres, scouts and invigilators were either bribed or threatened with physical harm by school directors and headteachers to allow teachers to directly assist candidates inside examination rooms.The Uganda National Examinations Boar

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