Business •
02 May '26
The Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, has named Ms Stella-Marie Biwaga as interim Board chairperson for Uganda Electricity Distribution Company Limited (UEDCL), replacing Ms Lydia Ochieng-Obbo, whose contract was terminated.In the Saturday statement, Ms Nankab
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday
Business •
02 May '26
As Uganda steadily moves toward the 2026 president Museveni’s seventh term swearing in at Kololo Independent grounds on 12th May 2026 after 71.65 victory in general elections, political conversations across the country continue to intensify. Supporters, analysts, and critics alike are weighing
Business •
01 May '26
Gulu District Local Government has allocated the largest share of its 2026/27 draft budget to the education and sports sector, indicating a strong focus on human capital development.The district council approved the draft budget during its 6th session of the 11th council on Thursday, setti
Business •
01 May '26
President Museveni on Friday criticised the investment strategy of the National Social Security Fund (NSSF), urging it to channel savings into infrastructure projects, as he set out key economic priorities for his new term.Speaking at Labour Day celebrations in Buikwe District, Museveni sa
Business •
01 May '26
Uganda’s long-distance transport sector is mourning the sudden death of Captain Nassor Magram, a Mash East Africa driver who passed away on Thursday while operating along the Jinja–Kampala route. His body was later transported to Kenya the same night, before being moved to Nairobi for
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
01 May '26
As Ugandans mark Labour Day, industrial parks continue to play a key role in creating employment opportunities for both skilled and unskilled workers across the country.Sino Mbale Industrial Park, located in eastern Uganda and covering 2.51 square kilometres, hosts 82 factories and employ
Business •
01 May '26
President Museveni has proposed scrapping Pay As You Earn (P.A.Y.E) tax on scientists, arguing that the move would strengthen Uganda’s research capacity and accelerate solutions to key agricultural challenges.The President announced the proposal on Thursday during the offici