At the break of dawn, before Mbale City fully wakes, the Mbale-Kampala road, which leads to Mbale-Sino Industrial Park, is already alive.Thousands of young men and women move from either direction of the road, most of them on foot and a few others on boda bodas, from their respective villa
Vendors say rising transport expenses are driving price hikes, but weak consumer demand is squeezing their profits.Ibanda District is experiencing a sharp increase in food prices, with vendors attributing the trend to rising fuel costs that have driven up transportation expenses across the
Four senior Uganda People's Defence Forces (UPDF) officers have been remanded to Makindye Military Barracks on charges of misusing operational fuel for their personal gain.Brig Gen James Barigye Ruheesi, 60; Col David Ocitti Kidega, 52; Maj Innocent Kikongi Mugumya, 41 and Capt Kenneth Lab
Diamond Trust Bank (DTB) Uganda has been recognized as a standout performer in the financial sector, earning the first runner-up award for best in client service at the 8th Bi-annual Uganda Revenue Authority (URA) Bankers appreciation conference ..The ceremony, hosted at the Mestil Hotel i
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
The Electricity Regulatory Authority (ERA) has commended Bujagali Energy Limited (BEL) in Buikwe district for upholding high operational standards and growth in the energy sector.ERA Executive Director, Eng Ziria Wako, said operation at the power plant is aligned with the conditions set ou
L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-maki
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
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
