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How firm lost Shs 10bn Yaka metre deal from UEDCL for ‘inflating’ its prices

How firm lost Shs 10bn Yaka metre deal from UEDCL for ‘inflating’ its prices

A dispute over a multi-billion shilling electricity metre tender has collapsed after the PPDA Appeals Tribunal dismissed a case filed by Uzuzi Meter Technologies Limited against Uganda Electricity Distribution Company Limited (UEDCL).In a ruling delivered on April 2, 2026, the Tribunal did

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Gov’t Refuses to Reduce Tax on Mobile Money

Gov’t Refuses to Reduce Tax on Mobile Money

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

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Centenary Bank, Office of the Supreme Mufti Partner to Scale up Financial Inclusion

Centenary Bank, Office of the Supreme Mufti Partner to Scale up Financial Inclusion

Centenary Bank, the leading microfinance bank in the country and the Office of the Supreme Mufti (OSM) partnered to roll out the OSM Digital Payments Platform, a transformative initiative aimed at facilitating seamless financial transactions within Muslim communities through secure, convenient, a

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Man Utd ‘accelerate’ first three summer signings in £170m outlay after Romano reveal

Man Utd ‘accelerate’ first three summer signings in £170m outlay after Romano reveal

Man Utd have identified three of their most important summer transfer targets as they look to ‘accelerate’ the deals, according to reports.The Red Devils have been in great form in recent months under Michael Carrick with the interim head coach winning seven, drawing two and losing one

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Guardiola warns Arsenal: Experience gives us the edge in the Premier League

Guardiola warns Arsenal: Experience gives us the edge in the Premier League

Manchester City manager Pep Guardiola says his side’s proven ability to post near-perfect winning runs in the final stages of the season could give them the edge over Arsenal in the Premier League title race.Mikel Arteta’s side missed the chance to extend their lead at the top to 12 po

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Kampala businessman remanded over Shs1.1bn fake presidential project

Kampala businessman remanded over Shs1.1bn fake presidential project

Court heard that between July 2022 and April 2023, the accused fraudulently obtained USD 286,910 (approximately Shs1.1 billion) from Qatar-based investors under the guise of securing a government contract.Businessman Gilbert Tumwebaze Bafanabyo walks handcuffed from Anti-Corruption Court i

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Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

Nicholas Mukasa, the newly appointed Deputy Governor of Bank of NamibiaThe Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly complex economic en

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Road Crashes in Uganda Rise in 2025 as Fatalities Increase — Police Report

Road Crashes in Uganda Rise in 2025 as Fatalities Increase — Police Report

Uganda registered 4,602 fatal road crashes in 2025, reflecting a 3.8% increase compared to 2024, according to the annual crime report released by the Uganda Police Force.The Public Relations Officer and Liaison Officer for the Directorate of Traffic and Road Safety, Michael Kananura, noted

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How MP Magoola Deals Cost Alex Mufumbiro’s Wife Good Bank Job

How MP Magoola Deals Cost Alex Mufumbiro’s Wife Good Bank Job

Until 2012, Edith Katende Nakitende Nabunya served as a high-flying manager at Standard Chartered Bank in Kampala. She was in the department of customer relations.Her work was taking care of high profile clients who had billions on their accounts. Real estates tycoon Emmanuel Matovu Magool

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Here’s the testimony of Nandutu’s personal assistant that sealed her fate

Here’s the testimony of Nandutu’s personal assistant that sealed her fate

Agnes Nandutu's fate was sealed by the testimony of her personal assistant, Evelyn BazibuAs the court convenes today to sentence Agnes Nandutu, the former State Minister for Karamoja Affairs, following her conviction in the Karamoja iron sheets scandal, there is one person she regrets meet

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