Business •
02 Jul '26
Leone Island boss Jose Chameleone has come out breathing fire after explosive claims about his children and failed marriage surfaced online, branding the reports as “false, malicious and unnecessary.”
Business •
29 Jun '26
MATUGGA, Uganda — Veteran journalist and commentator Andrew Mwenda, whose written attacks on Dr. Matthias Magoola provoked a public scolding from President Yoweri Museveni, apologized to Magoola’s face, said he had been wrong to call him a conman without eve
Business •
29 Jun '26
According to Gen Muhoozi Kainerugaba, the Nation Media Group in Uganda is incurring losses to a tune of $5millions or about Shs 18.3billion every day. The company is now appealing to the public for donationsNation Media Group (NMG) Uganda has appealed for
Business •
26 Jun '26
Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged
Business •
23 Jun '26
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. Whether it is railways, roads or hydro-dams, Mr Museveni specifies an expected drop in haulage costs, the internal rate of retu
Business •
20 Jun '26
If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordinary Ugandans who are either receiving money from a relative abroad, running a small business, or simply trying to save, that d
Business •
17 Jun '26
Delays in Uganda's digital number plate system are leaving thousands of vehicles idle, costing businesses millions and disrupting transport operations across the country.Many vehicles remain grounded due to delays in issuing ITMS digital number plates.Shortages of tracking component
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16 Jun '26
Gen Muhoozi Kainerugaba has said Uganda cancelled its $3 billion SGR contract with Turkish firm Yapi Merkezi and has called for a PLU demonstration at the Turkish Embassy in Kampala.Chief of Defence Forces and Senior Presidential Advisor on Special Operations Gen Muhoozi Kainerugaba has cl
Business •
16 Jun '26
The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq
Business •
15 Jun '26
Daudi KabandaKampala, Uganda — In a rapid sequence of posts published Monday morning on X, Gen. Muhoozi Kainerugaba, the Chief of Defence Forces and political leader of the Patriotic League of Uganda (PLU), announced a sweeping reorganisation of the group’s leadership, removing Hon. Da