Business •
24 Feb '26
KAMPALA, Uganda — The Chief of Strategy at TV10 Gano Mazima, Dean Lubowa Ssaava, has been fined Shs4 million and ordered to forfeit all broadcasting equipment after pleading guilty to operating without a licence issued by the Uganda Communications Commission (UCC).The case highlights the
Business •
20 Feb '26
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
Business •
20 Feb '26
Police in Bushenyi District are investigating an alleged aggravated robbery that occurred shortly after midnight on February 18, 2026, at Katooma Cell, Ryeishe Parish, Ibaare Sub-county.The suspect, identified as Kankiriho Ramathan, also known as Samuel, 21, is a security guard attached to
Business •
20 Feb '26
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and Teso.The newly constructed Lake Kyoga ferries docked at Bukungu Landing Site in Buyende ahead of commissioning.B
Business •
19 Feb '26
Mrs. Dorothy KabandaKAMPALA — The Parents and Teachers Association (PTA) of Old Kampala Senior Secondary School has expressed deep dissatisfaction with the Ministry of Education, accusing it of protecting the school’s head teacher despite alleged financial mismanagement and punishing w
Business •
18 Feb '26
Finance Minister, Matia Kasaija congralating Mr Kenneth Kitariho (right) upon his inauguration as Chairperson of the NLGRB. Looking on is outgoing board chairperson Aloysius Mugasa (2nd left) and CEO Denis Mudene Ngabirano.Ten years after it was created, the National Lotteries and Gaming R
Business •
10 Feb '26
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, 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 •
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