Uganda Economy Shows Strong Momentum Despite Shilling Depreciation
KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence...
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Parliament Rejects UGX300 Billion Request For Rural Electrification
Parliament has rejected a proposal by the Ministry of Energy and Mineral Development to allocate an additional 300 billion Shillings for rural electrification in the 2026...
NRM says Kyankwanzi retreat focused on leadership capacity and economic transformation
The National Resistance Movement Director of Communication, Emmanuel Lumala Dombo, has said the recently concluded party retreat at the National Leadership Institute in K...
How firm lost Shs 10bn Yaka metre deal from UEDCL for ‘inflating’ its prices
A dispute over a multi-billion shilling electricity metre tender has collapsed after the PPDA Appeals Tribunal dismissed a case filed by Uzuzi Meter Technologies Limited...
Uganda’s $500 Billion Dream: Dr. Aisha Ruth Kasolo Rallies MPs to Back Private Sector Revolution
A bold vision to transform Uganda into a $500 billion economy has been laid out, with a strong warning that the country risks missing out unless it urgently empowers its...
French court to rule on Lafarge funding of Syria jihadists
Lafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northern SyriaLafarge is accused of...
A forex trader went to withdraw money from Ecobank. The manager locked him in the toilet, alerted police
The Eco Bank branch at Oasis Mall where Gabriel Achuk was locked in the toiletGabriel Achuk, a South Sudanese businessman who claimed he was locked inside the toilet of E...
UEDCL records Shs1.71t revenue in first year of power distribution takeover
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity d...
6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist
The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transna...
South Sudan Gold Dealer Malong In More Trouble Over Fraud, Money Laundering As Court Freezes His Bank Accounts, Multibillion Properties Caveated…
Justice Micheal Elubu of the Anti-Corruption Division of the High Court has issued a Court order freezing bank accounts opened in the names of General Trading Limited reg...