Business •
05 Apr '26
The Eco Bank branch at Oasis Mall where Gabriel Achuk was locked in the toiletGabriel Achuk, a South Sudanese businessman who claimed he was locked inside the toilet of Ecobank at the Oasis Mall branch, where he had gone to withdraw money, has lost the case against the bank because his aff
Business •
22 Mar '26
Kampala resident, Matsiko Brian, is locked in a frustrating battle with telecom companies after a mobile money transaction worth UGX 4.5 million allegedly disappeared from the system despite a court order directing its recovery.Matsiko Brian, a resident of Mengo, says he has spent weeks pu
Business •
14 Mar '26
SPECIAL REPORT | BIRD AGENCY | Africa’s long battle against sleeping sickness may be approaching its final chapter as a new single-dose therapy gains international regulatory backing. The drug, acoziborole, received a positive scientific opinion on 27 February 2026 from the Committee for Medici
Business •
08 Nov '25
Fitch Solutions expects a slight weakening of the Ghana cedi to the US dollar before the end of December 2025The cedi is currently trading at GH¢12.00 to one dollar at the forex bureau and selling at GH¢10.92 on the interbank market.The cedi has been one of the best-performing cur
Business •
22 Oct '24
Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The board, that by the law, regulates the hospitality sector issued a warning that those facilities operating without a l
Business •
11 Oct '24
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
07 Oct '24
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow manages to look both formal and effortlessly cool. It’s a Sunday morning. Time check: 10.20 am. He pauses, scanning the r