Search Results

Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at

Ultimate Uganda

Nansana widow, 84, cries foul after home demolished for road expansion without compensation

Nansana widow, 84, cries foul after home demolished for road expansion without compensation

Ms Regina Nampiima, a resident of Wamala Mukataba village in Nansana Municipality, Wakiso District whose rental buildings were razed down during the enforcement of the new trade order and road expansion project has cried foul in the demolition exercise.While Nansana authorities claim that

Ultimate Uganda

Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain

Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain

Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of

Ultimate Uganda

Uganda’s petrol will last 19 days, government says

Uganda’s petrol will last 19 days, government says

Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) said the country also has 43.2 million litres of die

Ultimate Uganda

Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic content, welcoming a move that would see the rate rise from Shs1,700 to Shs3,500 per litre.Juliet Namukasa, the chairperson

Ultimate Uganda

Kampala’s Urban Perestroika: Why the 2026 Building Act is the New “Quiet” Revolution

Kampala’s Urban Perestroika: Why the 2026 Building Act is the New “Quiet” Revolution

For decades, Kampala’s skyline was a patchwork of build now, ask later logic a sprawling landscape of unpermitted structures and horizontal growth. However, the Building Control (Amendment) Act of 2026 has signaled the end of that era. What we are witnessing today is not just a legislative upda

Ultimate Uganda

Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

Nicholas Mukasa, the newly appointed Deputy Governor of Bank of NamibiaThe Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly complex economic en

Ultimate Uganda

Fuel crisis: Tanzania’s Samia Suluhu cuts presidential motorcade to 4 cars

Fuel crisis: Tanzania’s Samia Suluhu cuts presidential motorcade to 4 cars

Suluhu said going forward, his motorcade will have only four vehicles while he rest of the teams will travel in one busTanzanian President Samia Suluhu Hassan has ordered a sharp reduction in her official convoy, saying only four vehicles will now accompany her while the rest of her entour

Ultimate Uganda

How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it

Ultimate Uganda

Rwanda Raises Fuel Prices

Rwanda Raises Fuel Prices

Rwanda Utilities Regulatory Authority has raised retail fuel prices, citing global market trends and cost pressures, in a move expected to ripple through transport and consumer prices in the East African economy.In a statement issued late Friday, the regulator said petrol prices will rise

Ultimate Uganda