Business •
07 May '26
The economy faces potential instability following the revelation that the seven laptops stolen from the Bank of Uganda on Monday held sensitive information. In response, a collaborative security team has ramped up efforts to locate the missing devices. Additionally, 30 laptops colle
Business •
07 May '26
Gen Muhoozi Kainerugaba has cautioned BoU Governor Atingi-Ego over criticism of the sovereignty bill, as concerns grow about its economic impact.Gen Muhoozi Kainerugaba warns BoU Governor Atingi-Ego over his public comments.Atingi-Ego cautions that the sovereignty law could cause an
Business •
06 May '26
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
Business •
06 May '26
Committed on April 2, 2026, the crimes by Christopher Okello Onyum shocked Uganda. Okello Onyum carried out a brutal attack at the Ggaba Early Childhood Development Centre in Kampala, where he targeted toddlers.Investigations later revealed that he had previously visited the school under t
Business •
06 May '26
The collapse of a four-storey building in Mbale city that killed one person and injured several others has exposed deep cracks in construction oversight, with engineers, leaders, and residents raising concerns over widespread non-compliance with building standards.Across Mbale’s suburbs,
Business •
06 May '26
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Business •
06 May '26
The Ministry of Works and Transport has issued a two-week deadline to car bond operators and vehicle dealers operating along the Nakawa–Banda–Kireka corridor to vacate the road reserve.The directive was announced during a meeting held this morning involving officials from the Ministry,
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
06 May '26
Following last week’s nine-goal Champions League thriller between Bayern Munich and Paris Saint-Germain, discussion has centred on whether Premier League sides can replicate such intensity.Arsenal manager Mikel Arteta suggested that domestic scheduling contributes to differences in quali
Business •
06 May '26
Arua City has always been a place of movement. By daybreak—around 6am—its streets pulse with the high tempo of trade: vendors calling out prices, boda-bodas weaving through traffic, children darting between homes and schools, and street vendors oscillating in all directions to make ends meet.