Business •
25 May '26
The bail hearing for former Butambala County MP Muhammad Muwanga Kivumbi and 24 co-accused was adjourned to June 1 after state prosecutors said they were attending the Annual Prosecutors’ Symposium in Kampala.The three-day symposium, running at Hotel Africana under the theme “Enhancing
Business •
21 May '26
The authority has also urged taxpayers to complete the process early to avoid disruptions when accessing tax services after the July 2026 deadline.The Uganda Revenue Authority (URA) has announced a nationwide update of taxpayer registration records in a move aimed at strengthening tax admi
Business •
18 May '26
Anita Annet Among must be having some of the longest nights of her life, as a lot has unfolded in a very short period. From expecting to defend her position as Speaker of Parliament, the third-highest office in Uganda’s governance structure, she now finds herself fighting to hold on.Amon
Business •
16 May '26
The Supreme Court has ordered Samuel Mukasa, the founder of Biyinzika Enterprises, to refund his foreign business partners more than Shs 130 million after a failed poultry farming land deal.Mukasa and his wife Milly Mukasa established Biyinzika Enterprises Limited, now Biyinzika Poultry In
Business •
13 May '26
Butambala County Member of Parliament and National Unity Platform (NUP) Vice President for Central Uganda, Muhammad Muwanga Kivumbi, together with 24 co-accused persons, has applied for bail before the International Crimes Division of the High Court in Kampala as they await trial on terrorism cha
Business •
09 May '26
Eng. Joselynne Rwakakooko was appointed the acting managing director of UEDCL, replacing Paul Mwesigwa, and her first move has been to sack the top management in a move seen as done either in panic, office politics or sheer excitement.The ongoing restructuring at the Uganda Electricity Dis
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 •
02 May '26
Nakaseke, Uganda | Leaders from Lango sub-region, led by the Paramount Chief (Won-Nyaci) His Highness Eng. Dr. Moses Michael Odongo Okune, have presented a comprehensive five-year development memorandum to the Chief Coordinator of Operation Wealth Creation, Gen. Caleb Akandwanaho, also known as S
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
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