Business •
13 Feb '26
KAMPALA: The European Parliament on Thursday adopted a strongly worded resolution condemning Uganda’s post-election environment, calling for the immediate release of opposition figures, an end to internet restrictions, and a review of the European Union’s cooperation with Kampala.In a
Business •
13 Feb '26
AT least 21 people have tragically drowned after a boat capsized in the Nile as rescuers frantically work to find the remaining passengers.The passenger ferry was carrying 30 people when it overturned in the Tayba-Al-Khawad area of Sudan on Wednesday.The ship on Nile River, Khartoum
Business •
11 Feb '26
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
Business •
11 Feb '26
Outgoing Mawokota South Member of Parliament Yusuf Nsibambi has revealed that the recent meeting between President Yoweri Museveni and several opposition figures at State House was not impromptu, but the result of a carefully coordinated process that involved the Inter-Religious Council of Uganda
Business •
10 Feb '26
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
Business •
09 Feb '26
The Kampala Capital City Authority (KCCA) Mortuary witnessed a disturbing trend in 2025, receiving hundreds of unclaimed bodies, according to the Directorate of Police Health Services’ annual report.Out of 723 unknown bodies admitted to the mortuary over the year, only 214 were claimed b
Business •
05 Feb '26
President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U
Business •
31 Jan '26
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
Business •
31 Jan '26
KAMPALA — Uganda’s Chief of Defence Forces, Muhoozi Kainerugaba, has apologised to the United States and formally walked back earlier social media remarks that had cast doubt on ongoing military cooperation between Kampala and Washington.In a statement posted on X on Friday morning, Ge
Business •
31 Jan '26
From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o