MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
KAMPALA — Legal and tax officials at the Uganda Revenue Authority face accusations of defying a court order after allegedly releasing two containers of suspected counterfeit beer that had been slated for impoundment.The allegations are contained in a Feb. 6 petition filed by Rashid Babu,
Uganda’s National Drug Authority (NDA) has shut down more than 105 illegal drug outlets and seized 260 boxes of assorted classified medicines valued at approximately UGX 65 million during a week-long enforcement operation in the Teso sub-region.The crackdown was announced during a press
When President Yoweri Museveni summoned officials from the Ministry of Water and Environment and the National Environmental Management Authority (NEMA) to his Kisozi farm in Gomba recently, the mood was anything but routine. According to sources familiar with the meeting, the President was deeply
Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
Catherine Kijjagulwe has been named head of markets at Absa Bank Uganda. Learn more about her professional background in financial markets and her new leadership role at the bank.KAMPALA, Uganda — Absa Bank Uganda has named Catherine Kijjagulwe as its new head of markets, the bank announ
Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc
The 2026 Stanbic Economic Forum is set to return under the theme, “Uganda’s Inflection Point: Competing in a Rewired Global Economy”, with a live stream on Stanbic Bank Uganda’s YouTube channel on February 12, starting at 8:30 a.m.The Forum comes at a pivotal moment f
Government through the Ministry of Kampala and Metropolitan Affairs and KCCA has given vendors 14 days to vacate the streets of Kampala or face forceful eviction.Addressing journalists on Thursday, Minister for Kampala, Minsa Kabanda said since the political season has ended, it is hi
The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value addition, and raise farmer incomes, positioning research and innovation as central drivers of productivity, inclusive growth, and str
