Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Business •
30 Mar '25
President Yoweri Museveni once said that Uganda would not suffer if the United States cut its financial aid.“Let them keep their aid! Uganda will not suffer because of their money,” he declared boldly.
Business •
28 Mar '25
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
Business •
28 Mar '25
Erias Nalukoola Luyimbazi, a newly elected Member of Parliament representing Kawempe North under the National Unity Platform (NUP), has found himself at the center of controversy after accepting UGX 350 million from the Ugandan government for the purchase of a v
Business •
14 Mar '25
General Muhoozi Kainerugaba, the newly appointed Chief of Defence Forces (CDF) of Uganda, holds one of the most powerful positions in the Uganda People’s Defence Forces (UPDF).His salary, estimated at UGX 15 mil
Business •
12 Mar '25
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Business •
11 Mar '25
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
Business •
09 Mar '25
The National Resistance Movement (NRM) Parliamentary Caucus, led by President Yoweri Kaguta Museveni, met at State House on March 7, 2025, to discuss budget priorities for the 2025–2026 financial year, corruption, and the impact of USAID funding withdrawal.
Business •
07 Mar '25
As the Kawempe North by-election campaign continues, National Resistance Movement (NRM) candidate Faridah Nambi has faced criticism after a video surfaced showing her offering UGX 50,000 to voters at a market. The act, seen by many as voter bribery, was met with
Business •
06 Mar '25
According to Hajji Karim Kaliisa, patron of Maqam Travels and Managing Director of Salam TV and Salam Charity, "We're thrilled to introduce the Black Umrah package, making it possible for everyone to visit the holy cities of Makkah and Madinah at an affordable price."