Business •
04 Mar '26
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
Business •
02 Mar '26
TEHRAN — Iran confirmed Sunday that Supreme Leader Ayatollah Ali Khamenei was killed early Saturday at his office while “performing his assigned duties,” according to state-linked Fars and Tasnim news agencies, marking the most consequential leadership shock in the Islamic Republic’s 47-y
Business •
24 Feb '26
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Business •
23 Feb '26
Former Bukedia County MPWhat pressures or incentives influenced Yusuf Nsibambi’s decision to switch sides? And what price will he pay? For years, Nsibambi was regarded as one of the opposition’s most reliable minds on law and governance—articulate, grounded, and often a pillar on mat
Business •
21 Feb '26
OYAM, Uganda – Police in Oyam District have moved swiftly to restore calm following a violent land dispute that saw an angry mob torch several homes in Bar Cell, Eastern Ward, Oyam Town Council on Thursday afternoon.The Territorial Police confirmed they are investigating a case of arson
Business •
20 Feb '26
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
Business •
16 Feb '26
Aged 48-years, Charlotte Komugisha, a tik tok queen in Kampala has had her cohabitation relationship with Jim with whom she has three children (aged 19, 14 & 12 years) irretrievably become broken. One of her close friends says that the two lived together since 2007 in Kabowa from where they l
Business •
13 Feb '26
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
Business •
11 Feb '26
Police in Nwoya District are investigating a single serious road accident that occurred on 10th February 2026 at around 10:40 a.m. The accident happened inside Murchison Park along the Karuma–Pakwach highway. The vehicle involved was an Isuzu Elf, blue in colour, registration number UP 00296, w
Business •
10 Feb '26
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the