Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Uganda’s new national e-mobility strategy is focused on domestic vehicle manufacturing, battery production, charging infrastructure and specialised human capital development.Uganda plans to fully transition all new government vehicles to locally manufactured electric vehicles as part of
Residents affected by the ongoing Iganga-Luuka-Kamuli road project have expressed frustration over delayed compensation, saying the uncertainty has disrupted livelihoods and left many families stranded.The affected residents accuse the Ministry of Works and Transport of failing to fulfil p
The High Court has dismissed an application filed by Henry Mwebe, who had sought to revive a Shs 24 million claim against a friend, Robert Kagoda.In a ruling delivered on April 29, 2026, Justice Susan Odongo said the matter had already been decided by the Nabweru Chief Magistrate’s Court
Lawmakers say unpaid utility bills and taxes at Uganda’s New York mission risk service disconnection and reputational damage abroad.Parliament’s Foreign Affairs Committee has warned that Uganda risks diplomatic embarrassment in the United States if government fails to clear more than S
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
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
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
The National Resistance Movement (NRM) has unveiled plans to construct permanent headquarters at Plot 10, Kyadondo Road in Kampala, where it currently operates.The party’s secretary general, Richard Todwong, said the project is a fulfilment of a pledge by the party chairman, Yoweri Musev
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
