Business •
06 May '26
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
Business •
06 May '26
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
Business •
06 May '26
For the last 20 years preceding his death last week, says his daughter Miriam Jiji, fallen Senior Council Peter Medard Mulira was on medication for the Parkinson disease. This condition deteriorated and became even more complicated to manage when a stroke came into the picture. Simultaneously, he
Business •
06 May '26
The National Resistance Movement (NRM) has unveiled plans to construct permanent headquarters at Plot 10, Kyadondo Road in Kampala, where it currently operates.The party’s secretary general, Richard Todwong, said the project is a fulfilment of a pledge by the party chairman, Yoweri Musev
Business •
06 May '26
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Business •
06 May '26
The Ministry of Works and Transport has issued a two-week deadline to car bond operators and vehicle dealers operating along the Nakawa–Banda–Kireka corridor to vacate the road reserve.The directive was announced during a meeting held this morning involving officials from the Ministry,
Business •
06 May '26
Transport Minister Katumba Wamala (center), Ministry ofTransport Commissioner Winstone Katushabe, officials from Uganda Revenue Authority, Integrated Transport Management System, clearing agents and car dealers pose after a meeting at Mestil Hotel & Residences in Kampala on May 5, 2026. PHOTO
Business •
06 May '26
The National Identification and Registration Authority (NIRA) has announced the temporary relocation of its service operations from Kololo Ceremonial Grounds to Kitante Primary School, effective from Wednesday, May 6 to Tuesday, May 12, 2026.The relocation is intended to ensure the smooth
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
06 May '26
Police in Bushenyi have arrested several drivers in a renewed crackdown on vehicles carrying excess passengers.The enforcement follows a surge in complaints from road users and on social media about dangerous overloading, with some vehicles reportedly carrying nearly double