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
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
Business •
06 May '26
Chief State Attorney Joseph Kyomuhendo during cross-examination in Col Dr Kizza Besigye's case on April 23, 2026. Photo | Juliet KigongoChief State Attorney Joseph Kyomuhendo on Wednesday came under pressure in the High Court as defence lawyers for opposition figure Dr Kizza Besigye resume
Business •
06 May '26
Traders and businessmen were left in shock and tears after the Minister of Local Government, Raphael Magyezi, ordered that lock-ups whose leases had expired revert to the ownership of Kamuli Municipal Council.“Your 20-year lease expired in 2023 and ownership legally reverts to Kamuli Mun
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 •
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 •
06 May '26
Mbale city residents are smiling after authorities repaired traffic lights along Pallisa road and security lights along Republic Street and Naboa among others, which had been dysfunctional for about five years.In the 2023/24 financial year, Mbale city allocated 8.5 million shillings from l
Business •
06 May '26
The biggest solidarity on campus didn’t just reject the 92nd Guild Cabinet over exclusion. They went further — barring the Guild President, her ministers, and her entire entourage from setting foot in Mitchell and Complex Halls. The letter carries over 20 signatures.Makerere University
Business •
05 May '26
Parliament has approved a Shs1.1 trillion Supplementary Expenditure Schedule No.5 for 2025/2026 to cater for the swearing in ceremony of President Yoweri Museveni, preparations for the African Cup of Nations (AFCON) 2027 and elections of local councils, among others. The Minister of State
Business •
05 May '26
Nationwide — Monica Morris, a 51-year-old African American woman from New Jersey, was allegedly stabbed to death by her husband shortly after she told him she planned to leave the marriage. Her daughter witnessed parts of the attack and called 911 as the home caught fire.Police responded