Business •
18 Apr '26
Ship traffic resumes at Strait of Hormuz following US-Iran ceasefire (Image: Getty)Iran swiftly reversed course on reopening the Strait of Hormuz, reimposing restrictions on the critical waterway after the US said the move would not end its blockade.
Business •
18 Apr '26
Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report
Business •
18 Apr '26
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
Business •
17 Apr '26
When commenting on the 1980–1988 Iraq–Iran war, Henry Kissinger once remarked that it was “a pity both sides can’t lose”. It was a chilling distillation of a worldview in which distant conflicts are not tragedies to be resolved, but instruments to be managed. Alongside Zbigniew Brzezins
Business •
17 Apr '26
Kampala, Uganda | JULIUS BUSINGE | In the quiet hours of April 11, at exactly 02:20am East African Standard Time, Muhoozi Kainerugaba, the Commander of the UPDF and Senior Presidential Advisor on Special Operations, dropped a message that would ripple across Uganda’s governance and infrastructu
Business •
14 Apr '26
Persis Princess Namuganza’s political journey is a saga of resilience and ambition, a tale that begins in the humble villages of Namutumba where she was born in 1984 and stretches into the grand chambers of Uganda’s Parliament where she now seeks to ascend to the coveted seat of Speaker. Her
Business •
14 Apr '26
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
Business •
13 Apr '26
Over 127 students at Makerere University’s College of Veterinary Medicine, Animal Resources and Biosecurity (CoVABs) have gone for more than a month without lectures — and despite petitioning the university administration at least six times, they are yet to receive a single response.Th
Business •
13 Apr '26
Security officials in Apac district have dismissed reports of a coordinated panga attack on students of Apac Seed Secondary School, instead attributing the Easter Sunday incident to student indiscipline.At least seven students sustained serious injuries, including cuts to the neck, back, h
Business •
13 Apr '26
In the intricate and often turbulent world of Ugandan politics, few figures embody the qualities of resilience, loyalty, and integrity as distinctly as Persis Princess Namuganza. As the nation stands on the cusp of a pivotal parliamentary leadership decision, the question arises: why might Presid