ABC Capital Bank Sues Former Cranes Captain Andy Mwesigwa Over Defamation
ABC Capital Bank has sued former Uganda Cranes captain Andy Mwesigwa over public statements he allegedly made about a disputed Shs480 million school loan, accusing the ba...
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Pearl Bank fired employee for losses it had already linked to bad weather. They have to pay him Shs 78m
Pearl Bank (formerly PostBank) has been ordered by the Industrial Court to pay Shs 78.9 million to a senior manager it unfairly and unlawfully dismissed nine years ago.Pa...
Speaker budget grows seven times over six years
Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLET...
Museveni scraps funding for public holiday events; money to be channeled to development priorities
The holidays most likely affected by the new policy are those usually marked with state-led national ceremonies, including Liberation Day, Janani Luwum Day, Women’...
Govt to roll out e-recruitment to curb bribery in recruitment
The Government is set to introduce a new online system for recruiting civil servants, in a move aimed at ending corruption and bribery in the recruitment process that has...
Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery...
Cost of Busega–Mpigi Expressway doubles with little progress made
Busega-Mpigi Expressway projectKampala, Uganda | THE INDEPENDENT | Parliament is concerned about the escalating cost of the Busega–Mpigi Expressway with lawmakers...
Busega-Mpigi Expressway project loan approved.
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Ban...
Three in Four Ugandans Say Corruption is ‘Severe’
A growing majority of Ugandans believe corruption has reached alarming levels, with 74% describing it as either “very severe†or “extremely severe,â€...
50% of agribusiness loan requests rejected - BoU
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by th...