Business •
08 Apr '25
WASHINGTON (Reuters) - American families of victims of the October 7, 2023, attacks on Israel filed a lawsuit on Monday against a prominent Palestinian-American businessman, Bashar Masri, charging that he provided assistance in constructing infrastructure that allowed Hamas militants to carry out th
Business •
04 Apr '25
The Kampala Northern Bypass, a crucial road network linking different parts of the city, urgently needs the completion of its renovation works to restore smooth traffic flow and support businesses.While the repairs are necessary, the delays have created a traffic nightmare, affecting thous
Business •
07 Mar '25
The Uganda Parliamentary Press Association (UPPA) has secured a partnership with the Government of France aimed at enhancing the capacity of parliamentary reporters.During a breakfast meeting held at the French Embassy in Kampala, UPPA President Samuel Ibanda Mugabi and French Ambassador t
Business •
06 Mar '25
Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointment was first announced in December of last year.“I am delighted to join Stanbic Bank Uganda. With the suppor
Business •
13 Feb '25
The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tibalwa Waako, the chief executive officer of the Electricity Regulatory Authority (ERA), has s
Business •
05 Feb '25
In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs 6
Business •
29 Oct '24
A Ugandan has been charged by the England-based Thames Valley Police in connection with modern slavery, according to reports. Ms Lydia Mugambe, according to the Thames Valley Police website, has been charged with three counts, conspiracy to facilitate a breach of UK immigration laws by a
Business •
22 Oct '24
Police in Kasese District have arrested a Uganda Certificate of Education (UCE) invigilator for allegedly facilitating examination malpractice during the ongoing exams administered by the Uganda National Examination Board (UNEB). SP Nelson Tumushime, the Rwenzori East Regional Police s
Business •
11 Oct '24
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,