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DRC, M23 Rebels Agree To Ceasefire In Promising Peace Talks

City Land Broker Kamoga Arrested,Charged Over Missing Land Titles

IGG Beti Kamya Interdicts Lands Commissioner Baker Mugaino Over Alleged Corruption & Abuse Of Office

Shincheonji Church Of Jesus: The Only Church In The World To Fully Understand The Book Of Revelation

OPINION: Ministers in NRM’s CEC: A Conflict of Priorities That Weakens the Party

Two Radicals: A Legal Rebel’s Eulogy For Pope Francis-Ssemakadde

Tribute: Kazoora Was A Patriot Who Served Without Expecting Reward -Maj.GenSabiiti Muzeyi

Court Orders MTN Uganda To Pay 11.3 Bn To VAS Garage Over Contract Breach & Unfair Practices

Tororo Set For City Status As Museveni Endorses Peaceful Path To End Ethnic Dispute

Museveni Calls For Inheritance Reforms As Zeija Sworn In As Deputy Chief Justice

Business - Page 3

Big Story·Business

TOP STORY! East African Neighbours Chart New Trade Frontier in Kampala Summit

The Uganda–Tanzania Trade Mission 2025 officially commenced, bringing together senior government officials, private sector leaders, and development partners for a week-long engagement focused on enhancing bilateral trade, eliminating barriers, and unlocking regional economic opportunities. The high-level trade mission was launched under the

April 12, 2025

Business·Crime

Over 700 Jobs in Jeopardy As Namayingo’s Billion-Dollar Sugar Factory Stalls

Namayingo, Uganda – The recent suspension of the CN Sugar Factory, a multi-billion shilling investment, has thrown its future into uncertainty and left over 700 workers jobless. This decision, issued by the Minister of Trade, Industry, and Cooperatives, Francis Mwebesa, has stirred

June 28, 2024

Big Story·Business

Violent Clash in Namayingo as Police Disperse Protesters Over Suspended Sugar Factory

Namayingo, Uganda – A volatile situation unfolded in Namayingo district as police fired live ammunition and teargas to disperse angry workers and Indian investors protesting the suspension of the CN Sugar factory. The Ministry of Trade, Industry, and Cooperatives suspended the factory’s

June 26, 2024

Business

BOU Winds Up Mercantile Credit Bank Due To Insolvency

The Bank of Uganda has taken action to place Mercantile Credit Bank Limited under liquidation, revoked its license, and ordered the winding up of its affairs due to issues such as insolvency, under-capitalization and poor corporate governance. In a statement released by

June 19, 2024

Business

How High Taxes and Big Debt Threaten EA Growth

East Africa’s finance ministers on Thursday tabled a raft of measures for expanded expenditure plans for the 2024/2025 fiscal year with a keen eye on debt repayment and reliance on domestic revenues to run government operations. These measures effectively set the stage

June 17, 2024

Business

Museveni Tours Inspire Africa Coffee Plant

President Yoweri Kaguta Museveni has visited the Inspire Africa Modern Coffee Park in Rwashamaire town, Ntungamo district. The coffee hub,is part of a pilot project by Inspire Africa, is set to benefit from a proposed $10m (Shs37b) government grant. The hub is

May 22, 2024

Business

Traders Threaten To Close Shops After Meeting Museveni Over EFRIS

The leaders of traders’ associations have threatened to lock down their businesses again, displeased with the outcome of the Kololo meeting with President Museveni. They argue that President Museveni did not address any of their concerns about taxes at the much-anticipated meeting.

May 8, 2024

Business

Disparities Cited As DPFU Starts Releasing Deposits For Defunct EFC Microfinance Clients

The Deposit Protection Fund of Uganda (DPFU) has begun compensating depositors of EFC Uganda Limited Microfinance, which was liquidated by the Bank of Uganda in January due to liquidity issues. During a press conference at the DPFU offices in Kampala City o,

February 14, 2024

Business

Minister Anite,UIA Unveil Infrastructure Development In Kapeeka Industrial Park

In a significant stride towards bolstering Uganda’s industrial landscape, Kapeeka Industrial Park in Nakaseke district emerges as one of the focal points of transformative infrastructure development. Spearheaded by the Investment Minister and the Uganda Investment Authority (UIA) board and management, the launch

February 7, 2024

Business

URA Boss Musinguzi Urges African Countries To Work Together To Overcome Effects Of Slavery,Colonialism

The Uganda Revenue Authority commissioner general John Rujoki Musinguzi has urged African countries to work together and emancipate themselves from the effects of slavery and colonialism, which has kept them in the shadows. According to Musinguzi African countries face similar challenges, whereby

February 6, 2024

Business·National News

Dr. Nandi Netumbo Invites Tycoon Hamis Kiggundu to Build Modern Stadium in Namibia

Earlier today a Non-Aligned Movement (NAM) delegation, from Namibia headed by the president in waiting and the first-ever female president to be for Namibia Hon Dr. Nandi Ndaitwah Netumbo, and Uganda-Namibia ambassador H.E Hon Godfrey Kirumira, paid a courtesy visit to Hamz

January 20, 2024

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