Museveni Chides Western Donors for Aid Freeze But Opens Door to their Return
President Museveni has declared Uganda’s readiness to re-engage with Western powers, months after facing sanctions over the country’s controversial anti-homosexuality...
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Informality in Artisanal Mining Bleeds Revenue, NGO Warns
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advoca...
Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?
I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there...
Your Money Needs Discipline, Not Just Dreams
There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a...
Court Orders Sale of Emerald Hotel over ABSA Loan
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This deci...
Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors...
MP Alleges Central Voters Regret Choosing NUP MPs in 2021 Based on the Umbrella Symbol, Not Quality
On NBS Barometer, political leaders discussed the National Resistance Movement (NRM)’s support in Central Uganda, concerns about corruption, and governance issues. The...
Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the Hi...
Spiro partners with Airtel Money to ease electric motorcycle financing
Spiro , one of Africa's largest EV players working with partners like Gnugrid CRB and Airtel Money have introduced the country's first AI electric motorcycle market.Under...
NCBA Junior Golf Series Concludes Inaugural Season, Eyes Bigger Future
NCBA Bank has successfully wrapped up the first season of the NCBA Junior Golf Series, culminating in a thrilling finale at Uganda Golf Club.The series, which attracted o...