Business •
18 Apr '26
Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp
Business •
18 Apr '26
KAMPALA, Uganda – A breakdown of Uganda’s mining law, from prospecting to extraction, shows that mineral development follows a structured licensing sequence, a senior legal officer said.Loyola Rwabose Karobwa, a senior legal officer at the Ministry of Energy and Mineral Development, ou
Business •
18 Apr '26
PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P
Business •
18 Apr '26
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
Business •
18 Apr '26
Phaneroo Ministries International has dismissed social media reports alleging it is embroiled in a land dispute with the Uganda Heart Institute, labeling the claims as false, misleading, and based on a misrepresentation of facts.In a statement issued on April 16, 2026, the ministry respond
Business •
18 Apr '26
Uganda Peoples Defence Forces Colonel has been sworn in as new member of the Engineers Registration Board.Colonel Engineer Robert Namudongo was sworn in by the Registrar Special Duties, HW Harriet Ssali on Friday, 17th April, 2026.The ceremony was chaired by the Minister of Works an
Business •
17 Apr '26
According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell
Business •
17 Apr '26
Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a
Business •
17 Apr '26
MC Kapale has returned to the country after spending several years in the United States and is now looking to revive his comedy career.Speaking in an interview with a local YouTuber, Kapale revealed that he plans to organize his own comedy shows and is no longer interested in performing at
Business •
17 Apr '26
MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic