Why Museveni is Firing Uganda Airlines CEO Jenifer Bamuturaki
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in Septemb...
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Only 20% of Uganda’s 5.25 Million Registered Taxpayers Are Active – Audit
Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers a...
Museveni halts Central Bank directive on Sacco licensing
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to a...
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...
Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, e...
High Court Orders IGP to Clarify Whereabouts of Missing NUP Leader
The directive was issued by Justice Joyce Kavuma on Friday while hearing an application filed by Tukamushaba’s lawyers, who want the court to compel authorities to prod...
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...
Court upholds Ochai's win in West Budama North MP seat
Tororo Chief Magistrate's Court has dismissed an application challenging the declaration of Max Ochai as the winner of the January 15 polls for West Budama County North P...
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...
Museveni remains key to peace in Uganda and the region
President Yoweri Museveni’s attempts to bring stability and lasting peace back to Uganda are a clear example of his legacy. After the country gained independence in 196...