Business •
07 May '26
The economy faces potential instability following the revelation that the seven laptops stolen from the Bank of Uganda on Monday held sensitive information. In response, a collaborative security team has ramped up efforts to locate the missing devices. Additionally, 30 laptops colle
Business •
06 May '26
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
Business •
06 May '26
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
Business •
06 May '26
Controversy has erupted in Washington following reports that Defense Secretary Pete Hegseth has overseen a major shakeup in senior U.S. military leadership, involving the removal, retirement, or sidelining of multiple high-ranking officers.According to Senate discussions, questions have be
Business •
06 May '26
For the last 20 years preceding his death last week, says his daughter Miriam Jiji, fallen Senior Council Peter Medard Mulira was on medication for the Parkinson disease. This condition deteriorated and became even more complicated to manage when a stroke came into the picture. Simultaneously, he
Business •
06 May '26
Traders and businessmen were left in shock and tears after the Minister of Local Government, Raphael Magyezi, ordered that lock-ups whose leases had expired revert to the ownership of Kamuli Municipal Council.“Your 20-year lease expired in 2023 and ownership legally reverts to Kamuli Mun
Business •
06 May '26
As he marked 13 years in office, Buganda Kingdom Prime Minister (Katikkiro) Charles Peter Mayiga used the milestone to reflect on a tenure shaped by institutional reform, accountability, and difficult moments, including the Kabaka’s illness and resistance to the kingdom’s flagship Etofali cam
Business •
06 May '26
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Business •
06 May '26
Transport Minister Katumba Wamala (center), Ministry ofTransport Commissioner Winstone Katushabe, officials from Uganda Revenue Authority, Integrated Transport Management System, clearing agents and car dealers pose after a meeting at Mestil Hotel & Residences in Kampala on May 5, 2026. PHOTO
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This