Business •
07 May '26
Manchester United are planning a swoop for Lyon star Afonso Moreira, whom Ruben Amorim developed at Sporting. Moreira, 21, is experiencing an outstanding maiden campaign in France, having left Sporting for merely €2million (£1.7m) last summer.The winger, who is capable of operating on e
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
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
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 •
05 May '26
Government is edging closer to granting an operating licence to Starlink, the satellite broadband venture backed by Elon Musk, as part of efforts to widen internet access and ease connectivity costs.ICT and National Guidance minister Chris Baryomunsi said discussions with the company are a
Business •
05 May '26
National Resistance Movement (NRM) Secretary General, Mr Richard Todwong, has announced May 12 as a Public Holiday, as party leader and president-elect, Mr Yoweri Museveni, is sworn in for his seventh elective term of office.Mr Museveni, who won the January 15 presidential election with 7,
Business •
03 May '26
First, government offers 4,000 scholarships for students joining the public universities of Makerere, Kyambogo, Mountains of the Moon, Kabale, Mbarara, Gulu, Muni, Soroti, and Lira.The government sponsorship is divided into several categories. The National Merit Scheme (Direct Entry Admiss
Business •
02 May '26
While the issue of increasing university enrollment and relevance of academic programs or courses has been ongoing, little action has been taken.Museveni used his address at the Labour Day celebrations in Buikwe District on May 01 to give his views and express l concerns about the widenin
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday