Business •
02 May '26
The Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, has named Ms Stella-Marie Biwaga as interim Board chairperson for Uganda Electricity Distribution Company Limited (UEDCL), replacing Ms Lydia Ochieng-Obbo, whose contract was terminated.In the Saturday statement, Ms Nankab
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday
Business •
01 May '26
The Auditor General’s 2024-25 report exposes a pattern of chronic delays on the new Parliament building, as the completion date shifts to late 2027.KAMPALA, Uganda — A trail of six blown deadlines and a staggering 263 billion Ugandan shilling price tag has left the Parliament of Uganda
Business •
01 May '26
The Uganda Peoples’ Defence Forces (UPDF), through its Health Services, has rolled out lenacapavir, a long-acting injectable Pre-Exposure Prophylaxis (PrEP) drug for HIV prevention which is administered once every six months, in a move aimed at strengthening its HIV response efforts.Spea
Business •
01 May '26
President Museveni on Friday criticised the investment strategy of the National Social Security Fund (NSSF), urging it to channel savings into infrastructure projects, as he set out key economic priorities for his new term.Speaking at Labour Day celebrations in Buikwe District, Museveni sa
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
30 Apr '26
A key cross-border highway linking Uganda to Tanzania has been cut off after heavy rains washed away a section of the road, stranding motorists and disrupting trade in the region.Transport and trade have been brought to a standstill along the Masaka–Kyotera–Mutukula highway after a sec
Business •
28 Apr '26
three-week-old baby stolen from his mother’s home in Mubende District has been safely recovered, with police arresting four suspects in a case that has exposed a suspected deception scheme involving a woman who allegedly faked a pregnancy.Police in Mubende District have recovered a three
Business •
28 Apr '26
Stanbic Bank Uganda has been ordered by the court to deposit Shs200 million as security in a commercial dispute with Vegol Limited that has dragged on for four years now.It all began in 2022 when Vegol, a prominent manufacturer specializing in edible oils, soaps, and other products, sued a