Business •
01 Apr '26
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
Business •
09 Mar '26
Kampala, Uganda: Civil society organisations have raised alarm over Uganda’s growing public debt and widening gaps in health sector funding, warning that the latest Auditor General’s report exposes serious weaknesses in the management of public resources.The report examined 182 ministr
Business •
21 Feb '26
Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas
Business •
20 Feb '26
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
Business •
10 Jan '26
The Uganda National Musicians Federation (UNMF) has received an additional Shs5 billion from the government to boost its SACCO, strengthening financial support for musicians across the country.This latest disbursement comes after UNMF previously received Shs5 billion in 2024 as part of a w
Business •
08 Dec '25
Departed tycoon Cornelius Kodet with his children a few years agoThe proprietor of Entebbe Aero Beach, Cornelius Kodet Lorika has died after being bedridden for close to three years. The tycoon who passed on at about 8:00PM, Sunday night, 7th December, 2025 had undergone treatment in sever
Business •
27 Sep '25
Minister of Health, Dr Jane Ruth Aceng, has welcomed a landmark global deal that will dramatically slash the cost of the HIV prevention drug, lenacapavir, making it affordable for millions in low- and middle-income countries.The announcement was made on W
Business •
11 Jul '25
The National Unity Platform (NUP) has reported a strong start to its national fundraising campaign, collecting over Shs1.07 billion within the first two days.The funds are meant to support the party’s preparations for the 2026 Presidential and Parliamentary el
Business •
07 Jul '25
PHOTO/COURTESYFrank Gashumba, a polarizing Ugandan social commentator and businessman, has never shied away from voicing his opinions on matters of governance, often stirring controversy with his outspoken critiques.Recently, Gashumba has taken to social
Business •
13 Jun '25
The State Minister for Higher Education, Dr. John Chrysostom Muyingo, has directed the Principal of Nakaseke Technical Institute, Alexander Mugisha, to step down immediately following a wave of complaints from students and district officials regarding gross mismanagement at the government-ru