Business •
12 Mar '26
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca
Business •
09 Mar '26
Kampala, Uganda: Civil society organisations have raised alarm over Uganda’s growing public debt and widening gaps in health sector funding, warning that the latest Auditor General’s report exposes serious weaknesses in the management of public resources.The report examined 182 ministr
Business •
07 Mar '26
Pharmacists and individuals taking a commonly prescribed hypertension medication are being urged to immediately inspect their packaging. Crescent Pharma Limited is withdrawing one batch of Ramipril 5mg Capsules as a precautionary step following a potential production fault that may have resulted
Business •
20 Feb '26
The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.
Business •
04 Feb '26
Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak
Business •
03 Feb '26
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the
Business •
20 Jan '26
The Kamuli District Chief Administrative Officer (CAO) and Chief Finance Officer (CFO) have been arraigned and charged in court over alleged embezzlement of over Shs600M meant for roads rehabilitation and maintenance.The duo was presented before the Anti-Corruption Court in Kololo, Kampala
Business •
11 Jan '26
KAMPALA — The Criminal Investigations Directorate (CID), working jointly with the State House Anti-Corruption Unit, has launched investigations into alleged abuse of office, embezzlement of funds and falsification of accounts involving officials of Uganda Airlines.In a letter dated Janua
Business •
09 Jan '26
Ashraf Muyomba the Director Hongera Saana Uganda, Office of the PresidentA bitter scramble for billions from a United Nations agriculture fund has landed the national coordinator of Hongera Sana Uganda in serious trouble, exposing deep cracks within Uganda’s security establishment and ra
Business •
30 Dec '25
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ