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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

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

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Senior Legal Officer Breaks Down Uganda’s Mining Law From Prospecting to Extraction

Senior Legal Officer Breaks Down Uganda’s Mining Law From Prospecting to Extraction

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

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MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

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

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Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

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

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COMPENSATE US: Apostle Grace Lubega Addresses Allegations of Church Blocking Road

COMPENSATE US: Apostle Grace Lubega Addresses Allegations of Church Blocking Road

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

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UPDF Captain Swears In as New Member, Engineers Registration Board

UPDF Captain Swears In as New Member, Engineers Registration Board

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

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Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

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

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Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

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

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Alex Muhangi Is Broke, No Longer Affords Me – MC Kapale

Alex Muhangi Is Broke, No Longer Affords Me – MC Kapale

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

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Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

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

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