Business •
23 Jun '26
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. Whether it is railways, roads or hydro-dams, Mr Museveni specifies an expected drop in haulage costs, the internal rate of retu
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23 Jun '26
Reading The East African, I wondered why a newspaper, which I used to rate highly, would lower its journalistic ethics and standards to start quoting mere intellectual conmen and masqueraders in the names of Mukasa Mbidde and Simon Kayitana instead of doing research to identify credible people to
Business •
22 Jun '26
The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
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22 Jun '26
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
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22 Jun '26
high-level Government delegation led by Vice President , Maj. (Rtd.) Jessica Alupo, and the Prime Minister, Robinah Nabbanja, has visited the Kingfisher Development Area in Kikuube District to assess progress towards Uganda’s first oil.The delegation, which included Cabinet Ministers, P
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17 Jun '26
sensational fraud case involving billions of shillings, allegations of counterfeit currency and a prominent Ugandan businessman has exploded in court after consultancy firm Newplan boss Omulen Levy Lawrence was cited in a purported fake money racket during proceedings that saw eleven suspects rem
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17 Jun '26
senior leader in the Patriotic League of Uganda (PLU), David Kabanda, has explained why the organization pays close attention to opposition leader Robert Kyagulanyi Ssentamu, describing him as the country's most significant opposition figure.Speaking during a media interview, Kabanda said
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17 Jun '26
The People’s Progressive Party (PPP) has urged the National Unity Platform (NUP) to spearhead a united opposition front, citing increasing political pressure and recent high-profile arrests as signs of deepening tension in Uganda’s political landscape.KAMPALA — The People’s Progres
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17 Jun '26
Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the
Business •
16 Jun '26
Uganda’s Chief of Defence Forces, Muhoozi Kainerugaba, on Tuesday announced that opposition politician Erias Lukwago would be released from detention while calling on supporters of the Patriotic League of Uganda (PLU) to demonstrate at the Turkish Embassy in Kampala later this week.Lukwa