Business •
27 Oct '25
Nairobi: Kenyan authorities have seized a record narcotics consignment valued at KES 8 billion ($52 million) and arrested six Iranian nationals aboard a stateless vessel intercepted in the Indian Ocean, the Interior Ministry said Sunday.The 1,024-kilogram methamphetamine shipmen
Business •
13 Oct '25
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
Business •
16 Sep '25
Despite the national power grid passing through several communities in Ibanda District, many households remain without electricity—trapped in darkness by the high cost of connections.This persistent lack of access continues to hamper livelihoods, with children in day-scholar schools part
Business •
16 Sep '25
The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli
Business •
26 Aug '25
The long-awaited Standard Gauge Railway (SGR) project is officially moving from the planning phase into full implementation, the Ministry of Works and Transport announced today.Speaking to journalists, Perez Wambulu, National Coordinator for the project, confirmed that the government signe
Business •
26 Aug '25
Uganda’s Standard Gauge Railway (SGR) project has officially moved into the implementation stage, underpinned by a robust financing structure designed to ensure timely completion.Perez Wambulu, National Coordinator for the SGR project, confirms that the government has set aside 75 millio
Business •
23 Aug '25
“The mere act of lending money without a physical address in Uganda does not create an obligation for the appellant as a foreign lender to register. The appellant has a right to implement the terms of the agreement in Uganda, including instituting proceedings
Business •
30 Jul '25
Eng.Jonard Asiimwe has said he will champion a western-led by nation-impacting transformation as the NRM vice chairperson for Western Uganda.Speaking while unveiling his manifesto at his offices in Kampala, the 37 year old businessman said he is ready to unseat the incumbent and Minister f
Business •
21 Jul '25
As the world marks Global Energy Independence Day 2025 on July 10th 2025, Equity Bank Uganda is leading the charge toward sustainable energy access with its bold commitment to clean energy financing.The bank has emerged as a key driver of clean energy access through its transformative Equi
Business •
03 Jul '25
In a historic real estate shake-up, property mogul John Bosco Muwonge popularly known as Ntere Nfune has purchased the iconic Mukwano Mall in downtown Kampala for a staggering UGX 250 billion ($65 million) in an all-cash transaction.The acquisition is now