Business •
20 Feb '26
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
Business •
19 Feb '26
Aviation and Outer Space expert Dr. Arnold Agaba has welcomed recent leadership changes at Uganda Airlines, calling them necessary to stabilize the national carrier and position it for long-term sustainability.Speaking to Canary Mugume on Next Big Talk hosted by Next Radio on Tuesday, Dr A
Business •
16 Feb '26
Traders are counting heavy losses after a fire gutted a commercial building in Kabale District. The fire broke out on Saturday at around 2:30 p.m. at a commercial building located in Kicollege along Bushekwiire Road in Central Division. The building belongs to Charles Majugo Rwanika, a prominent
Business •
15 Feb '26
Mwenda argued that President Museveni should consider tapping someone from his immediate circle to take the helm of the national carrier, with the aim of insulating the airline from Uganda’s partisan political pressures.President Yoweri Museveni has received bold recommendations for resc
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13 Feb '26
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
Business •
13 Feb '26
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Business •
12 Feb '26
It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p
Business •
12 Feb '26
Muwanga Kivumbi surrounded by Prisons officers at courtIn Ugandan politics, success is often framed as a function of numbers, party machinery, and public rhetoric.Yet some political moments are not won by slogans or crowds, but by alliances of trust, identity, and professional solid
Business •
11 Feb '26
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
Business •
11 Feb '26
Uganda’s just-concluded 2026 general elections, many prominent politicians, including long-serving lawmakers and key cabinet members, were voted out nationwide as voters chose new representatives over established figures.This event signalled a major upheaval in Parliament since the intro