Business •
09 May '26
Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan national, worked as an account manager at a top Beverly Hills firm, which handles the financial and business affairs of elite celebri
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 •
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
man often meets his destiny on the road he took to avoid it,” the French poet Jean de La Fontaine famously said. The idea is that, despite one’s best efforts to avoid a certain path in life, they end up facing it anyway.That pretty much sums up Paul Mwesigwa’s one-year tenure as Mana
Business •
01 May '26
Government through the Ministry of Lands, Housing, and Urban Development (MLHUD), is pushing for suspension of conversion of government land from leasehold to freehold tenure.The revelation comes after Uganda Land Commission (ULC) chairperson Prof. Nyeko Pen-Mogi sounded an alarm to the la
Business •
30 Apr '26
After months of tense evictions and confiscated merchandise, the Ministry of Local Government has promised a reset. Permanent Secretary Ben Kumumanya told traders’ leaders on Wednesday that government will secure “enough alternative trading spaces” and that enforcement of the nationwide Tra
Business •
27 Apr '26
dawn, the usual bustle of business across Uganda’s blossoming cities and towns is missing.Where voices once competed with the clatter of weighing scales and the bargaining cries of customers, there is now an edgy silence.Piles of empty wooden stalls still lie broken, some reduced
Business •
26 Apr '26
In his 12th October 2023 letter, President Museveni introduced Intracom company owned by a Burundian billionaire and directed the Prime Minister Robinah Nabbanja to help get the Gender Ministry surrender 130 acres out of the 377 acres which they own at Kampiringisa in Mpigi district, where the Ka
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank