Business •
03 Jul '25
In a historic real estate shake-up, property mogul John Bosco Muwonge popularly known as Ntere Nfune has purchased the iconic Mukwano Mall in downtown Kampala for a staggering UGX 250 billion ($65 million) in an all-cash transaction.The acquisition is now
Business •
02 Jul '25
Ugandan startups are struggling to comply with the country’s Data Protection and Privacy Act, exposing a significant gap between knowledge and implementation and fueling calls for accessible compliance solutions.The issue was highlighted at a forum held at the National ICT Innovation Hub
Business •
28 Jun '25
Veteran legislator Abdu Katuntu has delivered a scathing assessment of Uganda’s current political climate, warning that Parliament has been reduced to a mere job placement centre rather than a platform for national service.Speaking on Saturday during an
Business •
23 Jun '25
MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed
Business •
14 Jun '25
More than 1,500 UPDF officers have successfully registered for national identification as the National Identification and Registration Authority (NIRA) concluded a weeklong exercise at the 3rd Infantry Division headquarters in Karamoja.The exercise, which focused on renewals and new r
Business •
07 Jun '25
Uganda has been urged to reduce the high cost of sending money from abroad, with officials and development experts warning that current transfer fees are discouraging remittances and stifling diaspora-led investment.The call was made during the commemoration of the Interna
Business •
06 Jun '25
Buganda Land Board and clan leaders have agreed to deepen cooperation in managing cultural land following a consultative meeting that emphasized legal awareness, documentation, and the preservation of heritage land within the Kingdom.The meeting, held as part of the monthly council of clan
Business •
05 Jun '25
Kenya has become a key hub for smuggling and resale of gold sourced from South Sudan, Sudan, and the Democratic Republic of Congo, according to a recent report by SwissAid.Over the past decade, Kenya’s role in the illicit gold trade has expanded significantly, with much
Business •
02 Jun '25
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender
Business •
31 May '25
A fresh legal dispute has erupted within Uganda’s rugby establishment after Kampala Rugby Union Football Club Ltd (KRUFC) accused senior Uganda Rugby Union (URU) officials of attempting to extort commissions and land during the sale of its property on Sports Lane, Lugogo.In a strongly wo