Business •
06 Mar '26
President Yoweri Museveni has called on Israel and Iran to recognize each other’s existence and support a two-state solution, saying it remains the most viable path to lasting peace in the Middle East.Museveni made the remarks as tensions in the region continue to escalate amid the ongoi
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 •
02 Mar '26
Moscow, March 1: Russian President Vladimir Putin has strongly condemned the US-Israeli strikes on Iran, describing the death of Iran's Supreme Leader as a "cynical murder," according to Russian state media agency TASS. In his first official remarks since the targeted operations and the subsequen
Business •
02 Mar '26
Museveni warned that while he was open to appointing youths in his next government, young people must not to “confuse biology with ideology”, and that being young does not automatically translate into clarity of purpose or sound leadership.President Yoweri Museveni has cautioned agains
Business •
22 Feb '26
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
Business •
20 Feb '26
Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec
Business •
20 Feb '26
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
Business •
15 Feb '26
NATIONALNile Breweries Limited (NBL), Uganda’s leading beer manufacturer, is pleased to announce the appointment of Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the position following the untimely passing of Mr. Franci
Business •
13 Feb '26
The National Unity Platform (NUP) marked the 44th birthday of its president, Robert Kyagulanyi Ssentamu, with a low-key ceremony at the party headquarters in Kavule, as leaders reiterated that his safety remains their top priority.Leader of the Opposition Joel Ssenyonyi defended the party'
Business •
11 Feb '26
Ugandans woke up to shocking news that Maj. Gen. Deus Sande, the Commander of the Armoured Division based in Kasijjagirwa, Masaka District, has been confirmed dead. The news has spread quickly across the country, drawing mixed reactions from the public. While some remember him as a powerful milit