Business •
12 May '26
The murder trial of businesswoman Molly Katanga took a dramatic turn of events Monday after the State accused her of withdrawing more than Shs40 billion from a Euro account belonging to her deceased husband, businessman Henry Katanga, even while she admitted at International Hospital Kampala (IHK
Business •
11 May '26
The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.The initiative, conducte
Business •
11 May '26
Gen Muhoozi Kainerugaba says PLU wants Parliament funding reduced and redirected to vulnerable Ugandans amid continued scrutiny of parliamentary spending.Gen Muhoozi Kainerugaba said PLU supports reducing Parliament funding.He said the money should instead support Ugandans lacking b
Business •
10 May '26
Leaders of the Federation of Uganda Traders Association are concerned about the various trade unions cropping up to oppose the planned compensation of traders whose merchandise was destroyed by floods in downtown Kampala last year. FUTA President John Kabanda says that the organisation has starte
Business •
09 May '26
According to the summary of the financial resource envelope for 2026/2027, the budget is expected to be financed through locally raised revenue, central government transfers, external financing, and other transfers.The summary indicates that locally raised revenue remains at shs2,637,558,0
Business •
09 May '26
total of 737 traders affected by floods in Kampala last November have been cleared to receive compassionate support from President Yoweri Museveni, Prime Minister Robinah Nabbanja has announced.Government earmarked Shs20 billion to compensate traders whose businesses were damaged by the No
Business •
09 May '26
KAMPALA — The Tax Appeals Tribunal has upheld a Uganda Revenue Authority (URA) decision to treat Shs3.16 billion claimed by Java House Coffee Shop Uganda Limited as unsupported shareholder loans and reclassify the money as undeclared income, in a ruling that sharply criticised the company’s r
Business •
09 May '26
Uganda’s High Commission in Abuja is embroiled in chaos, with staff protests, internal conflicts, and stalled embassy projects amid unresolved leadership issues.Uganda’s High Commission in Abuja descended into chaos, with staff protesting unpaid salaries and a confrontation with the po
Business •
07 May '26
President Museveni waves to supporters as he and First Lady arrive at Kololo Independence Grounds for his nomination rally on September 23, 2025.More than 10,200 leaders of the ruling National Resistance Movement (NRM) have been invited to attend the May 12 swearing-in ceremony of Presiden
Business •
07 May '26
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