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BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa

BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa

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 (

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Police Arrest Two Over Manufacture and Distribution of Counterfeit Lubricants in Gulu City

Police Arrest Two Over Manufacture and Distribution of Counterfeit Lubricants in Gulu City

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

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FY 2026/27 National Budget Reading Set for June 11

FY 2026/27 National Budget Reading Set for June 11

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

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BUSTED! URA CBUSTED! URA Customs Smashes Major Rice Smuggling Syndicate at Uganda Bordersustoms Spies Crush Massive Rice Smuggling Racket at Uganda Borders

BUSTED! URA CBUSTED! URA Customs Smashes Major Rice Smuggling Syndicate at Uganda Bordersustoms Spies Crush Massive Rice Smuggling Racket at Uganda Borders

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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Uganda’s Best Farmers Head to Netherlands for Agricultural Study Tour

Uganda’s Best Farmers Head to Netherlands for Agricultural Study Tour

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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Uganda’s Pineapple Farmers Break into Global Markets

Uganda’s Pineapple Farmers Break into Global Markets

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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FDC Blames Government Over Rising Fuel Prices

FDC Blames Government Over Rising Fuel Prices

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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Experts Call for Reduction of Mobile Money Withdrawal Tax

Experts Call for Reduction of Mobile Money Withdrawal Tax

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

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All cross-border markets in Uganda closed over Ebola

All cross-border markets in Uganda closed over Ebola

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

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Government, Build Us a Market Too — Kanoni Traders Cry Out Over Poor Working Conditions

Government, Build Us a Market Too — Kanoni Traders Cry Out Over Poor Working Conditions

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

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