Business •
24 Apr '26
The High Court in Kampala has temporarily stopped the Uganda Music Promoters Savings and Credit Cooperative Society Limited (SACCO) from operating, following a dispute over alleged fraud, illegal takeover, and misuse of billions of Shillings in government funds.In an interim order issued o
Business •
22 Apr '26
No man is an island, Entire of itself; Every man is a piece of the continent, A part of the main.”The European poet who wrote those words 400 years ago has become relevant in today’s discussions.No nation is an isolated island, entire of itself.Every country faces foreign
Business •
22 Apr '26
Police on Monday arrested six environmental activists who stormed TotalEnergies' offices in Kampala, allegedly to submit a petition against the East African Crude Oil Pipeline (EACOP) project.The petitioners were demanding that the project be stopped and that the company take on and invest
Business •
21 Apr '26
Andrew Mwenda argues that President Museveni’s age and fatigue are weakening his judgement, leading to risky decisions on major government investments.Journalist and political analyst Andrew Mwenda is amping up his critique of President Yoweri Museveni, arguing that age and fatigue have
Business •
19 Apr '26
The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic content, welcoming a move that would see the rate rise from Shs1,700 to Shs3,500 per litre.Juliet Namukasa, the chairperson
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 •
14 Apr '26
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
Business •
13 Apr '26
The once-seemingly impenetrable fortress surrounding Speaker Anita Among is showing its first visible cracks. The first signs emerged months ago when Norbert Mao, the Minister for Justice and Constitutional Affairs, officially declared his intention to vie for the Speakership.Now, numerous
Business •
11 Apr '26
Nicholas Mukasa, the newly appointed Deputy Governor of Bank of NamibiaThe Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly complex economic en