Business •
03 Feb '26
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the
Business •
02 Feb '26
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Business •
02 Feb '26
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue
Business •
31 Jan '26
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
Business •
31 Jan '26
The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to an “investor” is fake.According to the Special Presidential Assistant- Press and Mobilization also Deputy Presidentia
Business •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
In a candid revelation that has set tongues wagging across Lango, Uganda People’s Congress (UPC) President Jimmy Akena has pulled back the curtain on the fierce battle that dethroned Government Chief Whip Denis Hamson Obua in Ajuri County. Speaking on QFM Lira, Akena declared he harbors no grud
Business •
29 Jan '26
Youth delegates are voting for youth MPs across the country. The youth MP elections 2026 are being held at different regional locations. The Pearl Times is following up on the elections.For Eastern Uganda, over 2,000 delegates are voting for their MP at the Islamic University in Uganda (IU
Business •
29 Jan '26
The Uganda People's Defence Forces (UPDF) has dismissed allegations that the army is hunting for National Unity Platform (NUP) president and former presidential candidate Robert Kyagulanyi Ssentamu.The denial was issued by the Acting Spokesperson of the Chief of Defence Forces, Col. Chris