Business •
09 Feb '26
While digital tax collections from giants like Apple and Meta have hit 29.5 billion shillings, the Auditor General warns that a lack of independent verification is causing significant revenue leakage.Uganda has successfully collected 29.5 billion shillings from global tech firms, but the c
Business •
08 Feb '26
The State Minister for Works and Transport, Musa Ecweru, has commended contractors for what he described as commendable progress on road works along routes crossing River Katonga, assuring road users that normal travel will soon resume.Residents and motorists who depend on the Gomba–Masa
Business •
08 Feb '26
Mpigi District was thrown into shock and anger after Buyaaya–Kitojjo village stayed in total darkness for nearly two weeks. What first appeared to be a normal power outage has now exploded into a major political and criminal controversy involving a former Member of Parliament.The Uganda
Business •
07 Feb '26
Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
Business •
07 Feb '26
Kampala, Uganda — Kalungu East MP-elect Yusuf Kiruuta Nkeretanyi has been arraigned before the Buganda Road Chief Magistrate’s Court on charges of theft involving property reportedly valued at Shs3.7 billion.According to the prosecution, Nkeretanyi is accused of stealing curtains, cush
Business •
06 Feb '26
Left to right: MPs Michael Mawanda, Paul Akamba, lawyer Julius Kirya, ex-Ministry of Trade PS Geraldine Ssali and Elgon MP Ignitius Mudimi Wamakuyu in the dock during the hearing of their case at the Anti-Corruption Court in Kampala on August 27, 2024.KAMPALA — Former Ministry of Trade P
Business •
05 Feb '26
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
Business •
05 Feb '26
Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc
Business •
05 Feb '26
The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value addition, and raise farmer incomes, positioning research and innovation as central drivers of productivity, inclusive growth, and str
Business •
04 Feb '26
Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak