Business •
18 Apr '26
Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report
Business •
17 Apr '26
Kampala, Uganda | JULIUS BUSINGE | In the quiet hours of April 11, at exactly 02:20am East African Standard Time, Muhoozi Kainerugaba, the Commander of the UPDF and Senior Presidential Advisor on Special Operations, dropped a message that would ripple across Uganda’s governance and infrastructu
Business •
15 Apr '26
All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.
Business •
15 Apr '26
The long-running dispute between MTN and former Deputy Inspector General of Police Julius Odwe has taken another turn, after the court declined Odwe’s request to throw out an appeal lodged by the telecom company.The case dates back to 2012, when MTN rolled out a project to extend network
Business •
11 Apr '26
Kampala, Uganda: The NRM Revolutionary Network (NRN), an umbrella body for youthful revolutionary cadres in the ruling party, has called for equal and comprehensive accountability in the Karamoja iron sheets scandal, warning against selective justice, which downplays the core principles of the Mo
Business •
11 Apr '26
Detained ASP-Rogers Musana on official uniformTerritorial police in Kampala are holding their own officer for allegedly conniving with a UPDF officer to rob city businessman, Robert Seguya cash worth 100,000 USD (Shs.370M).The crafty police chief, identified as Assistant Superintend
Business •
10 Apr '26
The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi.The Government has released Shs17.444 trillion for the fourth quarter of the Financial Year 2025/26, bringing the total cumulative release to Shs77.001 trillion, according to the Permanent Secretary and Secretary to the
Business •
07 Apr '26
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac
Business •
05 Apr '26
President Yoweri Museveni has reappointed Robert Mukiza as Director General of the Uganda Investment Authority (UIA), despite a major dispute that rocked the agency in 2024. The conflict between Mukiza and State Minister for Investment Evelyn Anite centered around serious allegations of corruptio
Business •
27 Mar '26
Peter Katongole worked for Airtel Uganda for 13 years, during which time he rose to the position of Revenue Assurance and Fraud Manager.In early 2020, Airtel began investigating suspected fraud in its mobile money commission system.In February 2020, Airtel’s Revenue Assurance Cent