Business •
20 Feb '26
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
Business •
20 Feb '26
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and Teso.The newly constructed Lake Kyoga ferries docked at Bukungu Landing Site in Buyende ahead of commissioning.B
Business •
13 Feb '26
KAMPALA – President Yoweri Kaguta Museveni has accused the National Unity Platform (NUP) of orchestrating the 2021 machete attacks in Greater Masaka that left 28 elderly people brutally killed, as he warned of what he described as fresh opposition schemes to destabilize the country during the r
Business •
13 Feb '26
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Business •
12 Feb '26
WAKISO, Uganda — A major milestone has been achieved in the transformation of trade infrastructure in Wakiso District following the official signing of multi-billion shilling contracts for the construction of selected modern markets.In a ceremony marked by optimism and commitment to serv
Business •
11 Feb '26
Moments following national elections often test the strength of a country’s political institutions and the maturity of its leadership. Emotions can run high, divisions may deepen, and mistrust can easily obscure national purpose. It is precisely at such moments that leadership anchored in wisdo
Business •
11 Feb '26
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
Business •
10 Feb '26
In a heated verbal exchange on CBS FM, senior lawyer and Jinja East MP-elect Paul Mwiru accused Mawokota South’s outgoing MP Yusuf Nsibambi of defending the NRM government’s human rights violations and blaming victims after Nsibambi condemned the National Unity Platform (NUP) for selfishly in
Business •
10 Feb '26
Uganda’s Ministry of Health has issued a stark warning about the growing public health threat of sickle cell disease, cautioning that if left unchecked, it could surpass HIV in its impact on the nation’s healthcare system.The warning came during a Media Breakfast Meeting at the Ministr
Business •
08 Feb '26
The Minister of Information and Communication Technology and National Guidance, Dr Chris Baryomunsi, has called on banks in Uganda to embrace modern technology to enhance efficiency and improve service delivery to customers.Dr Baryomunsi made the remarks while speaking at the National Lead