Business •
04 Mar '26
Ugandans are asking one burning question: what exactly is going on at Uganda Electricity Distribution Company Limited?Ever since Umeme exited and UEDCL officially took over power distribution on April 1, 2025, complaints of persistent blackouts, delayed meter replacements, sluggish custome
Business •
04 Mar '26
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
Business •
03 Mar '26
The Tilenga oil fields development project is located in the Lake Albert region of Uganda.KAMPALA — Uganda’s Lake Albert development has passed a decisive technical threshold, with drilling at the Tilenga oil field now exceeding the minimum capacity required to trigger commercial produ
Business •
02 Mar '26
In Uganda, things aren’t good at all following leaked information showing that several directors and Authority members of Uganda national drug authority (NDA) are on the verge of being arrested over willful refusal to obey lawful orders and directives issued by the country’s inspector general
Business •
28 Feb '26
Electricity generation in Nigeria has fallen to an average of 4,300 megawatts (MW) following a significant reduction in gas supply to thermal power stations, the Nigerian Independent System Operator, NISO, has disclosed.In a power supply update issued to journalists in Taraba state, the Yo
Business •
28 Feb '26
A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi
Business •
24 Feb '26
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Business •
22 Feb '26
The Uganda Peoples’ Defence Forces (UPDF) has officially flagged-off the United Nations Guard Unit (UNGU) XII, which is set to deploy to Somalia for peace support operations. The ceremony took place at the International Peace and Support Training Center (IPSO-TC) in Ssingo.Addressing the
Business •
22 Feb '26
Peter MukuruKAMPALA, Uganda — The Uganda Development Bank (UDB) has announced the appointment of Peter Mukuru as Director of Business Technology and Member of the Executive Committee, strengthening the Bank’s leadership as it accelerates its digital transformation agenda.Mukuru
Business •
21 Feb '26
MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern region.The operation codenamed “You cannot smuggle a phone without paying taxes,” that started three weeks ago, was r