Business •
02 May '26
Ugandan woman has sparked stunned social media this weekend, revealing that money left to her by her late grandfather turned out to be a stash of old banknotes that are no longer in circulation.The woman, who identifies herself as “La Trophy” on TikTok, shared her experience in a video
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
A veteran mathematics teacher who devoted over three decades to public service is now relying on subsistence farming to survive, as delays and alleged corruption stall access to his retirement benefits.For 36 years, Patrick Martin Wandyambi dedicated his life to teaching mathematics in gov
Business •
02 May '26
Lawyer and former Buganda Kingdom Minister for Heritage, Palaces, Tombs, Tourism and Security, Peter Muliira, is dead.Muliira’s death was announced by the Katikkiro of Buganda, Charles Peter Mayiga, on Saturday through his X (formerly Twitter) account.“The late Muliira was an in
Business •
01 May '26
The Auditor General’s 2024-25 report exposes a pattern of chronic delays on the new Parliament building, as the completion date shifts to late 2027.KAMPALA, Uganda — A trail of six blown deadlines and a staggering 263 billion Ugandan shilling price tag has left the Parliament of Uganda
Business •
01 May '26
Kampala Capital City Authority (KCCA) has announced plans to introduce electric buses into the city’s public transport system before the end of May, following approval from Cabinet.KCCA Executive Director Sharifah Buzeki said the long-awaited initiative is now ready for rollout, with fin
Business •
01 May '26
The directive is expected to significantly affect traders and small business operators currently occupying the lock-ups, although the council is yet to outline a clear framework on how the reclaimed spaces will be reallocated or managed.Local Government Minister Raphael Magyezi inspecting
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
01 May '26
President Museveni has proposed scrapping Pay As You Earn (P.A.Y.E) tax on scientists, arguing that the move would strengthen Uganda’s research capacity and accelerate solutions to key agricultural challenges.The President announced the proposal on Thursday during the offici
Business •
01 May '26
For years, Pay As You Earn (PAYE) has felt like one of those silent deductions you don’t question. You just look at your payslip, sigh a little, and move on.But this time, it is different.For more than 10 years, Uganda has kept PAYE largely tied to a reality that no longer exists.