Business •
06 Mar '26
KAMPALA — A group of concerned alumni of Mbarara High School has petitioned the Ministry of Education and Sports seeking a government investigation into declining academic performance, governance failures and alleged irregular handling of school land at the historic institution.In a peti
Business •
06 Mar '26
The heat is on at the Uganda National Oil Company (UNOC) after the Auditor General’s December 2025 report tore through the glossy public relations spin amidst war on Iran and laid bare troubling gaps in fuel security, funding shortfalls, underperformance and strategic failures that now raise un
Business •
06 Mar '26
MBALE, Uganda — Court documents seen by The Ankole Times indicate that several individuals could face arrest if they violate a restraining order issued by the High Court in Mbale. The order was issued by Her Worship Rania Naluyima on behalf of the Mbale High Court.This was confirmed by t
Business •
04 Mar '26
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
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03 Mar '26
UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit
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03 Mar '26
A fresh dispute has emerged within Uganda’s music industry after Eddy Kenzo accused fellow artist Bebe Cool of misrepresenting information to President Yoweri Museveni regarding funds reportedly allocated for studio equipment.Speaking during an interview at the Uganda National Museum, Ke
Business •
28 Feb '26
Beyond the clouts, the video endorsements by different legislators especially the new comers making rounds on social media and the rushed CEC resolution backing Speaker Anita Among and Deputy Speaker Tayebwa’s to continue with their roles in the 12th parliament amidst protests from several CEC
Business •
25 Feb '26
KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and electric vehicle fleet across Africa.The funding round, announced Tuesday, included participation from Afreximbank and two ne
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25 Feb '26
KAMPALA — The Government of Uganda has approved a budget of Shs56.9 billion to facilitate the long-awaited elections for Local Council One (LC1) and Local Council Two (LC2) leaders, with voting expected to take place before the swearing-in of President Yoweri Museveni.Cabinet cleared the
Business •
22 Feb '26
For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int