Business •
24 May '26
Hon Sanjay Tanna’s name rings across many homesteads, businesses, political groupings and social circles, not because he is a business mogul, but most importantly because of his energy in mobilizing support for NRM Candidates and President Yoweri Kaguta Museveni.From Bukedi in the 2021 g
Business •
28 Apr '26
Stanbic Bank Uganda has been ordered by the court to deposit Shs200 million as security in a commercial dispute with Vegol Limited that has dragged on for four years now.It all began in 2022 when Vegol, a prominent manufacturer specializing in edible oils, soaps, and other products, sued a
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 •
31 Jan '26
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
Business •
27 Jan '26
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
Business •
18 Jan '26
Tororo, Uganda | URN | Shyam Tanna has won the Tororo Municipality parliamentary seat after garnering 5,781 votes, defeating the incumbent Apollo Yeri Ofwono, who polled 4,829 votes.Tanna’s victory is the first parliamentary result to be officially declared in Tororo District, according
Business •
06 Nov '25
Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
Business •
06 Feb '25
Reports reaching our desk indicate that an Indian external auditor, hired by Tembo Steel chairman Mr. Sanjay Awasthi, has mysteriously died inside the Tembo Steel Factory.Mr. Dignish, a renowned auditor from India