Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday
Business •
02 May '26
As Uganda steadily moves toward the 2026 president Museveni’s seventh term swearing in at Kololo Independent grounds on 12th May 2026 after 71.65 victory in general elections, political conversations across the country continue to intensify. Supporters, analysts, and critics alike are weighing
Business •
01 May '26
The directive is expected to significantly affect traders and small business operators currently occupying the lock-ups, although the council is yet to outline a clear framework on how the reclaimed spaces will be reallocated or managed.Local Government Minister Raphael Magyezi inspecting
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 •
01 May '26
In a policy message ahead of the celebrations, Col. (Rtd) Dr. John Francis Ongia, UDC’s Senior Liaison Officer, unveiled what he termed the “AKISONI Framework”—a phased strategy designed to align consumer needs with national industrial ambitions.Dr. Ongia said current public and po
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
01 May '26
As Ugandans mark Labour Day, industrial parks continue to play a key role in creating employment opportunities for both skilled and unskilled workers across the country.Sino Mbale Industrial Park, located in eastern Uganda and covering 2.51 square kilometres, hosts 82 factories and employ
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
He proposed that their monthly pay be raised to a minimum of shs1 million shillings, arguing that this would help the forces transition from a focus on hardware to overall welfare.Omara made the remarks on Friday, April 24, 2026, while passionately urging Parliament to provide funds to sup