Business •
08 Jan '26
EC guidelines further require the voters’ register to be displayed at polling stations for a prescribed period to allow corrections and objections. Muntu also criticised the current regime led by President Yoweri Kaguta Museveni for failing to address corruption, which he described as the bigge
Business •
25 Dec '25
KAMPALA, Uganda — Thousands of civil servants face a bleak holiday as a salary dispute between local governments and the Ministry of Finance has left many without pay days before Christmas.While local government officials cite a widespread system failure, the central government maintains
Business •
20 Dec '25
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
Business •
17 Dec '25
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS
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14 Nov '25
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
Business •
31 Oct '25
City Power says it won’t turn the lights back on for some Alexandra residents on 9th and 10th avenues until 80% of customers start paying for electricity.After an outage caused by burnt jumpers and breakers at City Power’s mini substation left some residents on 9th and 10th avenues alo
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14 May '25
The National Unity Platform (NUP) has criticised Parliament for what it calls a rushed and exclusionary process in handling the Uganda Peoples’ Defence Forces (UPDF) Amendment Bill, 2025.In a statement, NUP Secretary General David Lewis Rubongoya expressed disappointment over the short n
Business •
04 Apr '25
With just eight months until Uganda’s 2026 general election cycle begins, political parties are under growing scrutiny for their slow preparations.While the ruling National Resistance Movement (NRM) and the Democratic Party (DP) have already mapped out their election strategies, key oppo
Business •
30 Mar '25
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
Business •
12 Mar '25
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi