Business •
28 Feb '26
Yusuf Nsibambi challenged Soroti Woman MP Anna Adeke Ebaju who he disliked for criticizing his new boss Gen YK Museveni by claiming that the 15th January 2026 Presidential Elections were the worst in the history of independent Uganda.Adeke, who just won reelection to represent her people f
Business •
28 Feb '26
A casket containing the body of Bright Akishuri is lowered into the grave as prison officers and mourners pay their last respects in Rwingwe, Nyakabande, Kisoro District, on Thursday, February 26, 2026. PHOTO/JULIUS HAFASHAA leader in the Anglican Church of Uganda has called for a life sen
Business •
25 Feb '26
KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and electric vehicle fleet across Africa.The funding round, announced Tuesday, included participation from Afreximbank and two ne
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24 Feb '26
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Business •
24 Feb '26
Held in prison for long, denied bail, denied access to his doctors for proper medication and now he’s been denied prayers organized at Lubaga Cathedral. This time not on orders of a judge like Emmanuel Baguma but on orders of president Museveni through a call to the Archbishop Paul Ssemwogerere
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23 Feb '26
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
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23 Feb '26
Senegalese football — and indeed the wider African game — has been thrown into mourning following the tragic death of a promising strikerYoussou Diouf, who featured in Senegal's Ligue 2, reportedly passed away after collapsing during a match in ThièsTributes have since flooded
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22 Feb '26
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
Business •
20 Feb '26
President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence
Business •
20 Feb '26
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and Teso.The newly constructed Lake Kyoga ferries docked at Bukungu Landing Site in Buyende ahead of commissioning.B