Before Mbale city fully wakes, the Mbale-Tirinyi road, which leads to Mbale-Sino Industrial Park, is alive with activity. Hundreds of young men and women move from either direction of the road, most on foot and a few others on boda-bodas from their respective villages within Mbale City and neighb
L-R: Faridah Nakabugo, Godfrey Luyombya, Shamim Nambassa and Judith NalukwagoIn a bid to steer Uganda’s capital through a maze of chronic urban challenges, Kampala Lord Mayor Ronald Nsubuga Balimwezo has unveiled a fresh executive team for the Kampala Capital City Authority (KCCA) counci
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
The Federation of Uganda Traders Associations (FUTA) also called for tougher penalties, asset recovery from implicated officials, and greater inclusion of business-minded leaders in key economic ministries to improve service delivery.Traders in Kampala have welcomed government’s intensif
Richard Byarugaba has joined Equity Group Insurance to lead its new asset management subsidiary as the company expands into wealth management services.Equity Group Insurance Holdings Limited (EGIHL) has appointed veteran financial executive Richard Patrick Byarugaba as Managing Director fo
The murder trial of Molly Katanga took a dramatic turn at the High Court Criminal Division after veteran forensic pathologist Dr Sylvester Onzivua dismissed the prosecution’s postmortem findings as scientifically flawed and testified that businessman Henry Katanga most likely died by suicide af
On Saturday at the glamorous event that was held to celebrate the grand opening of Bamus Sarovar Portico hotel along Gaddafy Road, behind Ham Towers Makerere, UBC Deputy MD Maurice Mugisha, who was emceeing at the event, uttered stuff which inadvertently portrayed investments minister Evelyn Anit
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
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
The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest
