Umeme Issues Profit Warning, Cites Losses from Concession Exit
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its b...
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Abitex, Bajjo Face Jail Over Misused SACCO Funds
Abitex and Bajjo face possible jail after being accused of misusing over UGX 3 billion in government SACCO funds meant to support Ugandan promoters.Abitex, Bajjo Face Jai...
Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination
Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building...
Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/2...
Europa League: It’s Heartbreaking –Van Persie Reacts After Son’s Injury Vs Real Betis
Feyenoord coach Robin van Persie says it’s heartbreaking to see his son being stretchered off during the team’s 2-1 loss to Real Betis in Thursday’s Europa League g...
Roberto De Zerbi hands in his resignation after Marseille’s European exit
Roberto De Zerbi has asked to leave Olympique de Marseille following the club’s elimination from the Champions League.The Italian head coach is understood to have reque...
Finance Trust Bank to surrender commercial license for Tier II status
Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the le...
Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region
Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to e...
UCC Orders TV Stations to Stop Split-Screen Ads in News Shows
Kampala — Uganda’s communications regulator has ordered television broadcasters to immediately stop running split-screen advertisements during news and current affair...
Uganda Airlines faces international ban over gross mismanagement, warns Mwenda
Mwenda says unless radical changes are implemented within the next three months, the Uganda Civil Aviation Authority (UCAA) will be forced to ground the fleet or face glo...