Business •
13 Feb '25
The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tibalwa Waako, the chief executive officer of the Electricity Regulatory Authority (ERA), has s
Business •
13 Feb '25
The permanent secretary and secretary to the treasury Ramathan Ggoobi has interdicted the nine officials from the finance ministry under the Accountant General’s office.This follows an investigation in the minis
Business •
05 Feb '25
In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs 6
Business •
26 Jan '25
The Ministry of Works and Transport faces severe financial problems after taking over the Uganda National Roads Authority. Minister Gen Edward Katumba Wamala told Parliament that his ministry now has a debt of Shs 1.3 trillion from UNRA.According to the Works Minister, the debt grows by Shs
Business •
22 Jan '25
The Kampala-Entebbe Expressway has marked three years of tolling operations with stellar results, exceeding both traffic and revenue projections.Addressing the media today, Eng. Stephen Kitonsa, the Acting Enginee
Business •
20 Jan '25
Geraldine Ssali’s career took a sharp turn when President Yoweri Museveni dismissed her as Permanent Secretary of the Ministry of Trade, Industry, and Cooperatives in July 2024.Her removal came after accusations
Business •
07 Jan '25
A miscalculation by the Uganda Revenue Authority (URA) will cost taxpayers Shs709 billion after the High Court’s Commercial Division ordered the refund of wrongly assessed taxes and interest to a United Kingdom-based company.
Business •
07 Jan '25
Police in Kajjansi have apprehended Mumbere Brian, alias Natamba, the alleged mastermind behind a wave of motor vehicle number plate thefts.The arrest has led to the recovery of over 30 stolen plates in an intelli
Business •
04 Jan '25
Kiryowa Kiwanuka, Uganda's Attorney General, faced intense criticism from Members of Parliament as Acholi elders revealed a shocking betrayal in the cattle compensation process. The controversy erupted during a recent parliamentary session, where MPs from the Ac
Business •
04 Jan '25
President-elect Donald Trump vented late Friday about a New York jurist who scheduled Trump’s sentencing in his hush-money case for 10 days before his January 20 inauguration.Although Juan Merchan, acting justic