Business •
03 Feb '26
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
Business •
30 Jan '26
Human Resource managers across government ministries have been ordered to take strict action against officers who arrive late or skip work, as concerns grow over absenteeism and poor service delivery in public offices.Public Service Cabinet Secretary Geoffrey Ruku expressed frustration ove
Business •
27 Jan '26
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
Business •
26 Jan '26
Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120
Business •
02 Jan '26
The Electoral Commission (EC) recently ejected Mathias Walukaga from the Busiro East parliamentary race.It argued that the academic document he relied on for his nomination did not meet the minimum academic qualification set out under Section 4 (1)(c) of the Parliamentary Elections Act (PE
Business •
25 Dec '25
KAMPALA, Uganda — Thousands of civil servants face a bleak holiday as a salary dispute between local governments and the Ministry of Finance has left many without pay days before Christmas.While local government officials cite a widespread system failure, the central government maintains
Business •
24 Dec '25
The United States Ambassador to Uganda, H.E. William Popp, is among nearly 30 ambassadors and senior overseas diplomats quietly recalled by the Trump administration as part of a wide-ranging reshuffle at the State Department, according to a report by The Guardian. The recalls, which were c
Business •
22 Dec '25
With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h
Business •
18 Dec '25
KAMPALA, Uganda — Uganda Breweries Limited has delivered emergency relief to 60 families in the Sebei sub-region following a series of devastating landslides that killed several people and destroyed homes earlier this year.Between Sept. 29 and Nov. 1, four major landslides struck the dis
Business •
08 Dec '25
Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv