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 •
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
Authorities have launched enforcement operations to clear the expressway corridor as government pushes ahead with the delayed multibillion-shilling Kampala–Jinja Expressway project.The government has commenced enforcement operations to clear the right of way for the long-awaited Kampala
Business •
09 May '26
Is it a bird? Is it a plane? No, it’s not Superman. Over the past few days, the distinctive, high-pitched screech of Sukhois has become all too familiar to Kampala residents. While it was initially not immediately obvious why, the ostentatious displays by pilots of the fighter jets soon became
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
Business •
06 May '26
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
Business •
06 May '26
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
Business •
06 May '26
Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This
Business •
05 May '26
Parliament has approved a Shs1.1 trillion Supplementary Expenditure Schedule No.5 for 2025/2026 to cater for the swearing in ceremony of President Yoweri Museveni, preparations for the African Cup of Nations (AFCON) 2027 and elections of local councils, among others. The Minister of State