Business •
02 Apr '26
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
Business •
01 Apr '26
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
Business •
01 Apr '26
Outgoing Mawokota South Member of Parliament, Yusuf Nsibambi, has described his recent defection to the ruling National Resistance Movement (NRM), as a liberating shift from opposition politics, adding that Uganda’s opposition lacks direction.Speaking during NBS Morning Breeze on Tuesday
Business •
01 Apr '26
The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around September 13th, 2016, Mukwano Industrial Suppliers Limited based in Uganda ordered 72 metric tonnes of Liquid Glucose Concentrate
Business •
01 Apr '26
March 31 (Reuters) - Brazil beat Croatia 3-1 in a World Cup warm-up in Orlando on Tuesday, with Igor Thiago converting a late penalty and Gabriel Martinelli adding a stoppage-time goal to seal the win.Brazil dominated possession early on and made their pressure count shortly before h
Business •
01 Apr '26
Traders in Ntungamo Municipality are hurriedly dismantling kiosks and roadside structures as a 14-day ultimatum expires, with many raising concerns over losses and the lack of a clear relocation plan.Traders in Ntungamo Municipal Town have scrambled to dismantle unapproved temporary struct
Business •
01 Apr '26
Masaka City Mayor Florence Namayanja has reaffirmed her commitment to maintaining order in the city’s business environment, vowing not to allow the eviction of vendors and traders who have been officially allocated designated working spaces by city authorities.Her remarks come amid ongoi
Business •
01 Apr '26
In a dramatic turn of events, U.S. President Donald Trump reportedly chaired a high-level virtual meeting between President-elect Yoweri Museveni and opposition figure Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, in an attempt to resolve Uganda’s ongoing political tensions.T
Business •
01 Apr '26
National Unity Platform Secretary General David Lewis Rubongoya is set to file an election petition challenging Minister Minsa Kabanda’s win in Kampala Central, citing alleged irregularities, identity disputes, and electoral malpractice at multiple polling stations.David Lewis Rubongoya,
Business •
01 Apr '26
Of the thirteen candidates cleared to contest for the 92nd Makerere University Guild Presidency, Hannah Karema Tumukunde has announced her candidature under one of the most striking campaign slogans in recent guild election memory: Reboot The Ivory Tower.The metaphor is deliberate and poin