dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renew...
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UPDF Flags Off United Nations Guard Unit Ahead of Somalia Deployment
The Uganda Peoples’ Defence Forces (UPDF) has officially flagged-off the United Nations Guard Unit (UNGU) XII, which is set to deploy to Somalia for peace support opera...
Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology
Peter MukuruKAMPALA, Uganda — The Uganda Development Bank (UDB) has announced the appointment of Peter Mukuru as Director of Business Technology and Member of the Execu...
URA recovers Shs1 billion in fines from smuggled electronics
MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern r...
Insurance players tipped to leverage booming Ugandan economy
With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda int...
Uganda Airlines Long-Haul Crisis Deepens As Tycoon Sudhir Falls Victim To London Flight Cancellations
Uganda’s national carrier, Uganda Airlines, is grappling with escalating operational turbulence after grounding both of its long-haul aircraft, triggering a wave of fli...
Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent manage...
Audit finds widespread financial mismanagement at National Drug Authority
A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed...
Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC
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 tran...
Uganda: Aviation Expert Says Uganda Airlines Leadership Shake-Up 'Positive and Timely'
Aviation and Outer Space expert Dr. Arnold Agaba has welcomed recent leadership changes at Uganda Airlines, calling them necessary to stabilize the national carrier and p...