Business •
02 May '26
Iran released a statement on Saturday, saying it will enforce “new rules” over waters along its coastline in the Arabian Sea and the Strait of Hormuz, making the waters “a source of security and prosperity for the region”.The announcement came as US Treasury Secretary Scott Bessant
Business •
02 May '26
The President argues that underutilised land and poor planning—not a lack of opportunities—drive unemployment, even as new labour law reforms spark fresh debate over minimum wage and worker protections.President Museveni has said Uganda’s unemployment challenge stems less from a shor
Business •
02 May '26
Evicted garage owners, mechanics, and welders in Ntungamo Municipality have appealed to authorities to extend essential services to their new area of operation following their relocation under the recently implemented Trade Order.The concerns were raised during a meeting held today at Red
Business •
02 May '26
On a quiet street in Kira, Wakiso District, a furnished apartment sits behind a high wall, complete with security guards, Wi-Fi and a caretaker on call.Inside, it looks no different from a hotel suite, with clean sheets, a stocked kitchen, and a welcome note for guests. But unlike a hotel,
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
Former Leader of Opposition Mathias Mpuuga has formally challenged the 2026 general elections at the Constitutional Court, citing what he describes as widespread illegalities and irregularities that undermined the credibility of the entire process.Addressing the media after filing the peti
Business •
01 May '26
Four bodies were retrieved from River Nkuse on the second day of search operations following a deadly boat accident that occurred on Tuesday evening. The accident occurred after a canoe ferrying passengers from Bugoma Forest Reserve in Kikuube District to Kyaleni Cell, Pacwa Town Council in Kagad
Business •
01 May '26
The directive is expected to significantly affect traders and small business operators currently occupying the lock-ups, although the council is yet to outline a clear framework on how the reclaimed spaces will be reallocated or managed.Local Government Minister Raphael Magyezi inspecting
Business •
01 May '26
President Museveni has proposed scrapping Pay As You Earn (P.A.Y.E) tax on scientists, arguing that the move would strengthen Uganda’s research capacity and accelerate solutions to key agricultural challenges.The President announced the proposal on Thursday during the offici
Business •
01 May '26
For years, Pay As You Earn (PAYE) has felt like one of those silent deductions you don’t question. You just look at your payslip, sigh a little, and move on.But this time, it is different.For more than 10 years, Uganda has kept PAYE largely tied to a reality that no longer exists.