Business •
03 Jul '25
Four officials from Gulu University, among them Accounting Officer David Obol Otori, have been arrested on the orders of the Public Accounts Committee (PAC) of Parliament after being implicated in a Sh530 million financial loss to the Government.The arrests were made at Parliament followin
Business •
29 Jun '25
The Ugandan government has broken its silence on the sharp decline in coffee prices that has sparked widespread concern among farmers and sector players.In a detailed statement issued on Sunday, Minister for Agriculture, Animal Industry and Fisheries, Frank Tumwebaze, confirmed the price s
Business •
01 Jun '25
After 14 years at the heart of Uganda’s sports and entertainment scene, Legends Rugby Grounds, popularly known as Legends, has officially shut its doors.The closure was confirmed in a public notice issued by management, citing the expiration of the venue’s lease on Plot 1 & 3 Sport
Business •
07 Mar '25
Members of Parliament from the Defence and Internal Affairs Committee have expressed appreciation for the construction progress of UPDF National Referral Hospital, which stands at 93% completion.This was as the committee delegation led by Wilson Kajwengye, MP for Nyabushozi County, embarke
Business •
15 Nov '24
Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million
Business •
09 Nov '24
President Museveni’s televised address to the nation Thursday night went to great lengths to drill the final nail in the coffin of the Uganda Coffee Development Authority (UCDA). Formed by an Act of Parliament 1991 that was amended three years later, UCDA stepped into the shoes of th
Business •
16 Oct '24
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
It has been one year since Arnold Mutebi purchased a 2001 model CR-V RE2 4WD Honda. When he bought the car, he was looking for a fuel-efficient vehicle that had a fairly high ground clearance and was affordable to maintain. Despite having the means to afford a newer car, Mutebi's passion for
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f