Business •
26 Apr '26
Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China National Offshore Oil Corporation (CNOOC).The government has set July as the target for first oil, marking the country’s lon
Business •
26 Apr '26
KAMPALA — City tycoon Sudhir Ruparelia has injected UGX 100 million into Gen. Muhoozi Kainerugaba’s high-profile “Run for Hope” birthday charity event, adding fresh weight to what many now see as more than just a fitness and philanthropy campaign.The event, held Sunday morning at K
Business •
25 Apr '26
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
Africa is set for a major new £264million highway with construction already underway in Burkina Faso. The new 206-mile route will feature 8 lanes, four in each direction, and is expected to be completed later this year.The new route is set to connect Ouagadougou, the capital city of Burki
Business •
25 Apr '26
Fuel prices in Uganda are reaching record highs, with motorists in Moroto, Karamoja reporting pump prices as steep as Shs 20,000 per litre. The spike has triggered long queues at stations in Mbarara, while some outlets in Kampala are running dry. The situation is even bleaker in upcountry regions
Business •
24 Apr '26
Finance State Minister Amos Lugoloobi has launched the construction of a Shs500 million market in Kayunga Town aimed at resettling vendors affected by the recent demolition of illegal structures, with officials saying the project will restore livelihoods and improve urban order.The project
Business •
24 Apr '26
The Leader of Opposition in Parliament, Hon. Joel Ssenyonyi, has challenged ICT and National Guidance Minister Chris Baryomunsi to ensure that calls for responsible conduct on social media apply equally to government officials, including senior military leaders.Hon. Ssenyonyi’s remarks f
Business •
24 Apr '26
Speaker of Parliament Anita Among has invited Chief of Defence Forces General Muhoozi Kainerugaba to address Members of Parliament on how the legislature can strengthen collaboration with security agencies.Speaking on Thursday evening in Kampala, Among addressed Michael Nuwagira, popularly