Business •
05 Feb '26
Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc
Business •
05 Feb '26
The number of Ukrainian soldiers killed on the battlefield in the four years of war with Russia is 55,000, President Volodymyr Zelensky has said.Zelensky announced the figure in an interview with France 2 TV on Wednesday. Additionally, a large number of people are considered officially mis
Business •
05 Feb '26
Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has said Uganda People’s Defence Forces (UPDF) could withdraw completely from Somalia by the end of 2026 unless urgent and serious discussions address the persistent funding shortfalls for the African Union mission combating Al-Shaba
Business •
05 Feb '26
First son and chief of defence forces (CDF) Gen Muhoozi Kainerugaba has hinted on a plan for his uncle Caleb Akandwanaho aka Gen Salim Saleh to succeed Museveni. As Muhoozi hints on Salim Saleh succeeding Museveni, Uganda’s transition puzzle seems to get a bit more complicated.Gen Salim
Business •
04 Feb '26
Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak
Business •
03 Feb '26
Serere District, in the wider Teso region, turned out to be one of the areas where the National Unity Platform (NUP) presidential candidate, Robert Kyagulanyi, aka Bobi Wine, performed strongly, winning about 13,000 votes, although President Museveni defeated him by a small margin.The stro
Business •
02 Feb '26
National Resistance Movement’s Justice Nameere also a daughter to former Minister Vincent Bamulangaki Ssempijja has been declared the winner of the Masaka City Women MP rate after a controversial vote recount handled by Chief Magistrate Albert Asiimwe.The three-day vote recount exercise
Business •
02 Feb '26
On Friday evening, the Masaka Chief Magistrate Abert Asiimwe commenced the implement an order of vote recount, which arouse from an application filed by Justine Nameere, the National Resistance Movement-NRM candidate, who contested the victory of her National Unity Platform-NUP competitor R
Business •
02 Feb '26
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue
Business •
31 Jan '26
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In