Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
A viral video of a schoolgirl cycling through heavy rain in Kabale has sparked a nationwide fundraising effort and calls for support.A section of Ugandans on social media this weekend started a push. A young schoolgirl who was filmed cycling through traffic in heavy rain. The clip,
The Ministry of Health Uganda has requested UGX100 billion in the 2026/27 financial year to operationalise the long-awaited International Specialised Hospital of Uganda, as construction reaches 70 percent completion.Health Minister Jane Ruth Aceng revealed the funding request while present
All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.
What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
The Anti-Corruption Unit, in collaboration with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions (ODPP), has made a significant arrest in a case that has stunned the public. Kizito Ronald, a man charged with demanding money with menaces, was brou
Police have arrested 11 suspects in connection with the aggravated robbery and fatal shooting of Soroti City businesswoman Kokunda Patricia.The 36-year-old mobile money operator was shot dead on April 3 at about 4:40 AM near Goalman Supermarket along Station Road. Her attackers fled the sc
President Museveni assents to the Valuation Act 2025, introducing strict standards and fines of up to 100 million Shillings to regulate Uganda’s real estate sector.KAMPALA — President Yoweri Museveni has assented to the Valuation Act, 2025, a landmark piece of legislation designed to f
