The Uganda Investment Authority (UIA) has announced plans to transform Kapeeka Industrial Park, in Nakaseke district, into a one-stop centre and a district industrial hub.Established 20 years ago as Liao Shen Industrial Park, the facility boasts 34 factories of the total 80 target and has
As it is always said, the goodness of someone will not be felt until that person disappears. Mr President, that is what we are now feeling after the departure of UMEME from managing Uganda’s electricity power.At first, Ugandans hated UMEME due to its own mistakes that the supplier had co
Uganda’s Embassy in Brussels, the very face of the country in Europe’s diplomatic heartland, is now at the center of a storm after explosive findings exposed a trail of mismanagement, poor planning, and operational paralysis that has left critical functions crippled under the watch of Mirjam
The Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, has named Ms Stella-Marie Biwaga as interim Board chairperson for Uganda Electricity Distribution Company Limited (UEDCL), replacing Ms Lydia Ochieng-Obbo, whose contract was terminated.In the Saturday statement, Ms Nankab
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
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
President Yoweri Museveni has signed into law the National Drug and Health Products Authority Act, 2025, marking a major shift in Uganda’s fight against counterfeit medicines and unsafe health products.The new legislation replaces an outdated 1993 framework and establishes a powerful cen
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
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
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
