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
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
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
The Ministry of Works and Transport has issued a two-week deadline to car bond operators and vehicle dealers operating along the Nakawa–Banda–Kireka corridor to vacate the road reserve.The directive was announced during a meeting held this morning involving officials from the Ministry,
Business •
05 May '26
Government is edging closer to granting an operating licence to Starlink, the satellite broadband venture backed by Elon Musk, as part of efforts to widen internet access and ease connectivity costs.ICT and National Guidance minister Chris Baryomunsi said discussions with the company are a
Business •
05 May '26
The 2021–2026 cabinet has concluded its term, with ministers directed to hand over their offices to permanent secretaries following their final meeting on Monday.President Yoweri Museveni thanked the outgoing ministers for what he described as a job well done. This was the cabinet he onc
Business •
05 May '26
The Minister for the Presidency, Hon. Milly Babirye Babalanda, has announced that 30 international delegations have already confirmed their attendance for the swearing-in ceremony of President-elect Yoweri Kaguta Museveni on May 12, 2026.The event, which marks the start of the 2026–2031
Business •
05 May '26
Tensions peaked today, Monday, when President Museveni chaired the final Cabinet meeting of the outgoing government (2021–2026) at State House, Entebbe—a decisive moment that effectively marked the end of the current ministers’ tenure.By presiding over this last sitting ahead of a ne
Business •
04 May '26
President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs to a Presidential Diaspora Commission.This news site understands that, the President is being requested to either create