Business •
27 Apr '26
dawn, the usual bustle of business across Uganda’s blossoming cities and towns is missing.Where voices once competed with the clatter of weighing scales and the bargaining cries of customers, there is now an edgy silence.Piles of empty wooden stalls still lie broken, some reduced
Business •
27 Apr '26
Sugarcane farmers and leaders across Kagadi, Kibaale, and Kakumiro districts in Greater Kibaale, Bunyoro sub-region, are increasingly frustrated as continued delays in licensing a proposed sugar factory threaten their livelihoods.Many are reporting heavy losses due to limited market access
Business •
27 Apr '26
Diamond Trust Bank (DTB) Uganda has been recognized as a standout performer in the financial sector, earning the first runner-up award for best in client service at the 8th Bi-annual Uganda Revenue Authority (URA) Bankers appreciation conference ..The ceremony, hosted at the Mestil Hotel i
Business •
27 Apr '26
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
Business •
27 Apr '26
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
Business •
26 Apr '26
President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a neglected region right from colonial rule, had no single factory, no tarmac road, no electricity, and its communication
Business •
26 Apr '26
L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-maki
Business •
26 Apr '26
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
Business •
25 Apr '26
The founder of Uganda Aviation Academy, Mike Mukula, has urged graduates to uphold discipline, integrity and continuous learning as they prepare to enter the global aviation industry.“This graduation is not the end but the beginning of your professional journey. Always stay ahead of the
Business •
25 Apr '26
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke