A team from the China-Uganda Mbale Industrial Park briefs President Museveni and First Lady Janet Museveni. Far right is Luke Wang, Managing Director, Tian Tang Group, and Lucy Zhang, Group CEORWAKITURA, Uganda | THE INDEPENDENT | President Yoweri Museveni has approved a proposal to estab
This follows a protracted legal battle between the late Kampala businessman Bonney Katatumba and Shukla Mukesh and his companies over the ownership of Shumuk Businessman Shukla Muskesh and his businesses, Shumuk Springs Development Ltd, Springs International Development Hotel Ltd and Shumu
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
Uganda’s coffee industry is on a record-breaking trajectory, with exports reaching 8.4 million 60-kilogram bags, valued at UGX 8.2 trillion (US$ 2.4 billion) over the 12 months from November 2024 to October 2025, the Ministry of Agriculture, Animal Industry an
An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national
In the unpredictable contest for Jinja City South West Constituency, where 10 candidates are vying for the sole seat, Bernard Mbayo, the current Speaker of Jinja City Council emerges as a dark horse.Mbayo is also a member of the National Executive of the Urban Authorities Association of Ug
Uganda’s Industrial Court has ruled that the Uganda Revenue Authority (URA) unlawfully dismissed former customs officer David Kalemera, awarding him about 51 million shillings, even as the judgment lays out extensive internal audit findings that link him to a major tax-evasion and transit-diver
HARUS DRIVING SCHOOL is among the 20 Licensed in Eastern regionMBALEThe Ministry of Works and Transport has released the latest list of Driving Schools licensed to enroll driving students.The List released on Tuesday, November 25, 2025 by Uganda Driver Licensing System has on
Kampala: Kuku Foods Uganda Ltd, the operator of KFC, has issued a sharp protest to the Uganda Revenue Authority (URA) after armed officials raided its Kampala offices on Nov. 19.2025, Chimp Corps report. URA officials say the inquiries relate to discrepancies in declared income over the pe
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20
