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 •
07 Apr '26
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac
Business •
07 Apr '26
The Justice Forum (JEEMA) has condemned the government’s proposed tax increases in the 2026 national budget, warning that higher levies on income, fuel, and essential goods will worsen living standards for ordinary Ugandans.JEEMA said the planned hikes in Pay As You Earn (PAYE), fuel exc
Business •
06 Apr '26
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
Business •
20 Feb '26
The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.
Business •
22 Jan '26
The Internal Security Organisation ISO has asked Parliament for an additional Shs218 billion in the 2026/27 financial year to strengthen intelligence collection and improve monitoring of the Parish Development Model PDM amid growing concerns over corruption and weak oversight.The request w
Business •
28 Dec '25
Kibaale District, Uganda — The Electoral Commission (EC) has disqualified Christopher Ategeka, the National Unity Platform (NUP) candidate in the Buyanja County parliamentary race, dealing a blow to the opposition party ahead of the 2026 general elections.Ategeka had been nominated on Oc
Business •
26 Nov '25
China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resources confirm
Business •
17 Feb '25
This is yet another story about the
Business •
21 Oct '24
A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go