Business •
06 May '26
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Business •
05 May '26
Some opposition MPs were given Shs100m each to vote Yes for Sovereignty Bill, reports have emerged on the day Parliament is preparing to vote on the contentious piece of legislation. Uganda’s Protection of Sovereignty Bill, 2026, which was tabled in April 2026, is presented by the govern
Business •
05 May '26
Preliminary investigations indicate that the suspects struck in the early hours of Monday, gaining access through a gate opposite City Square before entering the bank’s commercial offices, where they reportedly spent nearly three hours undetected.Bank of Uganda headquarters in Kampala (P
Business •
05 May '26
In mid-April this year, MPs heard the Protection of Sovereignty Bill 2026 read for the first time under Rule 135 (1) of the Rules of Procedure of Parliament.The drafters of the Protection of Sovereignty Bill 2026 intended to enact a law that seeks to provide for the protection of the sover
Business •
04 May '26
Security forces have arrested dozens of suspects in a coordinated crackdown on alleged stolen mobile phone networks, targeting major commercial buildings in central Kampala including Mutaasa Kafeero Plaza, City House, and Kalungi Plaza.Security forces have arrested dozens of suspects durin
Business •
04 May '26
Uganda’s road safety crisis remains a major concern, as recent incidents highlight the growing danger on its roads. In separate crashes, six people died, and several others were injured on the Pakwach–Olwiyo–Karuma highway. Hours later, another person was killed on the Mbarara–Bushenyi ro
Business •
03 May '26
There is an unwritten rule, supported by parliamentary precedent, that where substantial amendments are made to a Bill, that Bill must be withdrawn, redrafted, re-gazetted and reintroduced to Parliament at first reading.The rationale for this rule is that the Bill is no longer that which w
Business •
03 May '26
Liverpool have been dealt a massive blow ahead of their crucial trip to Old Trafford as Alexander Isak has been ruled out of the clash against Manchester United. The Swedish international is set to miss the showdown after picking up a groin strain in training, leaving Arne Slot with a major selec
Business •
02 May '26
Uganda’s Embassy in Brussels, the very face of the country in Europe’s diplomatic heartland, is now at the center of a storm after explosive findings exposed a trail of mismanagement, poor planning, and operational paralysis that has left critical functions crippled under the watch of Mirjam
Business •
27 Apr '26
Sugarcane farmers and leaders across Kagadi, Kibaale, and Kakumiro districts in Greater Kibaale, Bunyoro sub-region, are increasingly frustrated as continued delays in licensing a proposed sugar factory threaten their livelihoods.Many are reporting heavy losses due to limited market access