The suspension comes during the Christmas holiday period, a typically busy time for vehicle transactions and licensing, and may delay registrations, transfers and issuance of number plates.Uganda’s Ministry of Works and Transport said on Wednesday it had temporarily suspended motor vehic
Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban
Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than
Akon, the 52-year-old Senegalese-American singer known for his global hits and major philanthropic efforts in Africa, made headlines again after a surprising arrest in Roswell, Georgia tied to his Tesla Cybertruck. The Grammy-nominated artist, born Aliaune Thiam, was briefly taken into custody in
Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
Legal advisor Gert Nel from the Association for the Protection of Road Accident Victims claims the Fund manipulates its books to conceal massive debt and avoid paying accident victims.Parliament’s Standing Committee of Public Accounts (SCOPA) is trying to uncover the rot at the Road Acci
You wake up next to him, but something feels hollow. You’re together, you’re committed, you tick all the relationship boxes—but there’s this quiet ache you can’t name.You wonder if everyone feels this way, if maybe love is supposed to settle into something less… alive. H
Key PointsAs you near the end of your career, it's important to assess your finances to see if you're ready to retire. And a big part of that means setting a retirement budget.Once you've mapped out your monthly or yearly expenses, you can see if you'll have enough income based on t
