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01 Jun '26
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (
Business •
01 Jun '26
Security officers in Gulu City have intercepted an alleged counterfeit lubricant operation following an intelligence-led raid that uncovered suspected fake motor vehicle and motorcycle oils being packaged for distribution.Police in the Aswa West Region, through Gulu West Division, have arr
Business •
01 Jun '26
KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in
Business •
30 May '26
For an entire month, Uganda Revenue Authority (URA) Customs Intelligence officers operated like undercover spies in a high-stakes economic war quietly unfolding at Uganda’s porous borders with Tanzania and Kenya.Away from the public eye, intelligence teams tracked suspicious truck moveme
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30 May '26
KAMPALA — Thirteen winners of Uganda’s 2025 Best Farmers Competition have been flagged off for a week-long agricultural study visit to the Netherlands, where they will gain exposure to advanced farming technologies, value addition systems, and modern agribusiness models aimed at transforming
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30 May '26
On 14 May 2026, Uganda marked a historic milestone by flagging-off the inaugural export of 104 metric tonnes of canned pineapple from Deshiburg Factory to ChinaWhen pineapples ripened all at once in Luwero, it often brought anxiety instead of celebration.For pineapple farmer Ms. Jan
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30 May '26
The Forum for Democratic Change has accused the government of failing to prepare Uganda for fuel supply shocks, calling for emergency tax waivers and restoration of national fuel reserves as pump prices continue to rise amid tensions in global oil markets.The Forum for Democratic Change (F
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30 May '26
Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transaction costs are undermining financial inclusion and hurting small businesses.Mobile money has become one of Uganda’s most
Business •
26 May '26
Tensions are mounting at the Mpondwe-Lhubiriha border post in Kasese District following a decision by authorities to temporarily close cross-border markets as part of measures to prevent the possible spread of Ebola Virus Disease.The closure affects the fish and cattle markets, which are j
Business •
26 May '26
Traders at Kanoni Daily Market in Gomba District have appealed to government to construct a modern market, citing congestion, poor sanitation, lack of storage facilities and rising losses due to inadequate infrastructure on privately owned land.Traders operating in Kanoni Daily Market in G