Business •
07 May '26
Gen Muhoozi Kainerugaba has cautioned BoU Governor Atingi-Ego over criticism of the sovereignty bill, as concerns grow about its economic impact.Gen Muhoozi Kainerugaba warns BoU Governor Atingi-Ego over his public comments.Atingi-Ego cautions that the sovereignty law could cause an
Business •
06 May '26
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
Business •
06 May '26
An Accra High Court has struck out charges against Abdul-Wahab Aludiba, former Chief Executive Officer of the National Buffer Stock Company Limited, and his wife, Faiza Seidu Wuni. The two were discharged by the court but were subsequently re-arrested by officials of the Economic and Organ
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
Ipswich Town players are concerned Kieran McKenna may be poached by a Premier League rival after leading them back to the top flight.Following relegation last season, the Tractor Boys secured an immediate return from the Championship under McKenna, who has now won three promotions with the
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
Business •
06 May '26
Mbale city residents are smiling after authorities repaired traffic lights along Pallisa road and security lights along Republic Street and Naboa among others, which had been dysfunctional for about five years.In the 2023/24 financial year, Mbale city allocated 8.5 million shillings from l