Business •
18 Apr '26
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
Business •
18 Apr '26
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
Business •
18 Apr '26
Phaneroo Ministries International has dismissed social media reports alleging it is embroiled in a land dispute with the Uganda Heart Institute, labeling the claims as false, misleading, and based on a misrepresentation of facts.In a statement issued on April 16, 2026, the ministry respond
Business •
17 Apr '26
According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell
Business •
17 Apr '26
Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a
Business •
17 Apr '26
MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic
Business •
17 Apr '26
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
Business •
17 Apr '26
The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods.Ndiame Diop, the Bank’s Vice-President for Africa lauded Uganda for the macroeconomic stability but urged the country to transl
Business •
17 Apr '26
KAMPALA – There was no room for excuses as Prime Minister Robinah Nabbanja took to the podium at the opening of the National Performance Review Conference 2026, delivering a blunt message to government officials: Ugandans want results — not reports.Speaking at the Speke Resort Conventi
Business •
17 Apr '26
Surprise inspection exposes staffing gaps, stalled services, and rising land disputes, with over 70% of Lands office staff absent.The Inspector General of Government (IGG), Aisha Naluze, has raised concern over widespread absenteeism among public servants in Mukono District, warning that i