Business •
05 Nov '24
KAMPALA , Uganda – Hunger among Uganda’s university students has become an urgent crisis, revealing the severe financial challenges facing young people in higher education.
Uganda’s universities are currently grappling with a widespread hunger issue among students, with reports indicati
Business •
21 Oct '24
Kampala, Uganda – October 20, 2024: Ugandan socialite Sheilah Gashumba has once again captured headlines after unveiling her latest luxury purchase—a Range Rover Velar—during a lavish event on Saturday night in Kampala.
Business •
12 Oct '24
The Uganda Railway Corporation (URC) has relaunched its passenger train services on the Kampala-Namanve route, which had been previously halted due to safety concerns. As of October 9, the train will now extend its services beyond Namanve to Mukono, reducing tra
Business •
10 Oct '24
The United Kingdom (UK) has announced a significant contribution of up to £1 million (approximately UGX 4.8 billion) to support Uganda's response to the ongoing Mpox outbreak. According to the British High Commission in Kampala, this funding will be channelled through Baylor College o
Business •
09 Oct '24
A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons
Business •
02 Oct '24
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community.
The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region,
Business •
02 Oct '24
MPs were left in shock after learning that the Uganda People’s Defence Forces (UPDF) mismanaged Shs29.8 billion allocated in August 2022 for a food production initiative aimed at addressing food insecurity caused by the COVID-19 pandemic and the Russia-Ukraine
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
26 Sep '24
Two employees of Easthood Logistics Limited have been convicted of making a false declaration to the Uganda Revenue Authority (URA) after pleading guilty to charges involving the fraudulent registration of a motor vehicle. Jibril Jimmy Waibale, a director at Easthood Logistics Limited, and Halimah L
Business •
26 Sep '24
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv