Business •
01 May '26
President Museveni on Friday questioned the relevance of some university courses to Uganda’s labour market, urging young people to rethink career paths and pivot toward practical skills and job creation.Speaking during Labour Day celebrations in Buikwe District, Museveni criticized what
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
01 May '26
As Ugandans mark Labour Day, industrial parks continue to play a key role in creating employment opportunities for both skilled and unskilled workers across the country.Sino Mbale Industrial Park, located in eastern Uganda and covering 2.51 square kilometres, hosts 82 factories and employ
Business •
01 May '26
At the break of dawn, before Mbale City fully wakes, the Mbale-Kampala road, which leads to Mbale-Sino Industrial Park, is already alive.Thousands of young men and women move from either direction of the road, most of them on foot and a few others on boda bodas, from their respective villa
Business •
30 Apr '26
Police in Gulu City are holding a security guard accused of smashing his girlfriend’s head with a gun butt on Wednesday night in domestic brawl.The suspect, identified as Albert Okonye, a security guard attached to 7 Guidance Security Ltd, reportedly pounced on his girlfriend, Barbara Fa
Business •
28 Apr '26
Uganda provides a modern case study of these tensions. During recent electoral cycles, figures such as Bobi Wine drew international attention, with Western governments including the UK voicing concerns over human rights and electoral conduct.The story of Britain’s global rise cannot be t
Business •
27 Apr '26
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
Business •
26 Apr '26
President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a neglected region right from colonial rule, had no single factory, no tarmac road, no electricity, and its communication
Business •
25 Apr '26
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke
Business •
25 Apr '26
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h