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20 Jun '26
cement company that arrived in Karamoja with the blessing of the President is now facing a very different reception from the region’s people — not over its factory, but over an advert.Yaobai International, the holding company behind the Yaobai Cement plant in Nadunget Sub-County, Morot
Business •
17 Jun '26
Elizabeth Nyasuna, who worked as Team Leader at Stanbic Bank’s Entebbe branch, has been awarded Shs 40 million by the court after the bank unlawfully dismissed her over a suspicious Shs 75 million cash withdrawal in 2012.Justice Anthony Wabwire Musana of the Industrial Court said Stanbic
Business •
16 Jun '26
The recent announcement by the Bank of Uganda introducing new limitations to over-the-counter cash withdrawals and check payments have has raised questions over the motives behind it. The banks have been given the next six months to transition to the new policy adjustment.The new mea
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06 Jun '26
Kampala, Media – The High Court has nullified the sale of a Najjera property that was previously repossessed and sold by Housing Finance Bank, ruling that the transaction was conducted irregularly, grossly undervalued, and failed to comply with legal requirements under mortgage recovery procedu
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06 Jun '26
The highly contested Mukono District LC5 chairperson election dispute has entered a decisive legal phase after the petitioner, Mr Johnson Muyanja Ssenyonga, successfully traced and formally served his rival, Mr Francis Lukooya Mukoome, with an election petition.The petition, filed at the M
Business •
05 Jun '26
The morning sun burns through the dusty roadside of Bulindo and Kitukutwe, falling on broken timber, bent iron sheets and torn tarpaulins scattered where small kiosks once stood.A place that was once filled with the smell of frying chapati, boiling tea, laughter from customers and women ca
Business •
03 Jun '26
Paul Lwanga, the former right-hand man of Next Media CEO Kin Kariisa and a ruthless enforcer of his directives, has been fired from the media group after he allegedly brought pork onto the company’s premises.Impeccable sources told Bbeg Media that Lwanga, who had been moved to Next Media
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03 Jun '26
One of the key events on Uganda’s religious calendar is the Martyrs Day celebrated every June 3 to honour the lives and sacrifices of 45 men who, rather than follow edicts of then Buganda King Mwanga II, elected to die for their faith as new Christian converts.Whereas the martyrs were su
Business •
02 Jun '26
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU
Business •
02 Jun '26
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s