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April 22, 2026
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    The Big Story

    The BIG Story

    Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, more efficient vehicles.

    Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses

    April 21, 2026April 21, 2026 0 Shares
    A government proposal to tighten vehicle importation rules has collapsed after facing strong resistance in Parliament, bringing to an end months of debate over affordability, environmental protection, and economic policy....
    Attorney General Kiryowa Kiwanuka defends the Bill as a transparency tool, Uganda Bankers Association head Wilbrod Owor warns of risks to capital flows, while journalist Charles Onyango-Obbo questions its sweeping definitions, together reflecting the legal, economic, and public tensions shaping debate over Uganda’s proposed Protection of Sovereignty Bill.

    A Bill Like No Other: Sovereignty Protection Push Raises Economic, Legal, and Political Questions

    April 21, 2026April 21, 2026 0 Shares
    The proposed Protection of Sovereignty Bill, 2026, is emerging as one of the most contested legislative efforts in recent years; praised by backers, especially government officials, as a necessary safeguard...

    Bank of Uganda kicks off domestic gold purchase from licensed miners in three-year pilot programme

    April 21, 2026April 21, 2026 0 Shares
    The Bank of Uganda has officially launched a three year pilot Domestic Gold Purchase Programme, in a move aimed at strengthening and diversifying Uganda’s foreign exchange reserves through the purchase...

    Court of Appeal Upholds UGX 50 Million Damages Against UDB for Unjustified Withdrawal of Client Loan Facility

    April 21, 2026April 21, 2026 0 Shares
    The Court of Appeal has upheld a finding that Uganda Development Bank Limited (UDB) breached a financing agreement with agro-processing firm Afro-Kai Ltd, affirming the bank’s liability for withdrawing a...

    Who Will Be the Next Insurance Regulatory Authority CEO: Or Will Lubega Be Granted a Fourth Term?

    April 20, 2026April 20, 2026 0 Shares
    Ibrahim Kaddunabbi Lubega has led Uganda’s Insurance Regulatory Authority since 2010, overseeing the sector’s growth from UGX 240 billion to over UGX 2 trillion. His long tenure has brought stability and expansion, but now faces scrutiny as questions emerge over term limits and the future leadership of the Authority.
    As the clock ticks toward June, when the current term of Insurance Regulatory Authority (IRA) Chief Executive Officer Ibrahim Kaddunabbi Lubega is expected to expire, a quiet but palpable tension...

    COVID-19: To pay or not to pay NSSF members their savings; what do the experts say?

    Muhereza KyamuteteraThe Big StoryApril 7, 2020April 7, 2020

    “When you are faced by a prospect of famine, your first impulse should not be to go after the only planting seeds you have kept in your granary for the…

    Dr. Sudhir Ruparelia’s easy to understand thoughts about business and investment during and after Covid-19

    Muhereza KyamuteteraThe Big StoryThought LeadershipApril 7, 2020April 7, 2020

    By Dr. Sudhir Ruparelia We are entering into recession period globally and the exception is likely to be India and China with approximately 2% GDP growth in 2020 which is…

    Bank of Uganda cuts CBR to a record lowest 8% over Covid-19

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryApril 6, 2020April 6, 2020

    Bank of Uganda (BoU) has today, April 6th, 2020, in the April 2020 Monetary Policy Committee (MPC) meeting reduced the Central Bank Rate (CBR) by 1 percentage point to 8…

    Meet Dr. Eng. Harrison E. Mutikanga: The 1300 megawatt man

    Muhereza KyamuteteraThe Big StoryApril 6, 2020April 6, 2020

    April 1st, 2020, marked nineteen years since the power reforms that unbundled Uganda Electricity Board (UEB) was completed. Five agencies, namely Uganda Electricity Generation Company Limited (UEGCL), Uganda Electricity Transmission…

    COVID-19: Uganda’s March business confidence index hits 3-year low

    Muhereza KyamuteteraThe Big StoryApril 4, 2020

    Uganda’s business confidence index for March 2020 has fallen to a 3-year low as the knock-on effects of Covid-19 begin to sink in. According to Bank of Uganda’s Business Tendency…

    MARCUS KWIKIRIZA: Nxt Radio is radio like no other- audio, visual, online and on the go

    Muhereza KyamuteteraCompany NewsTechnology & InnovationThe Big StoryApril 4, 2020April 4, 2020

    Who is Marcus Kwikiriza? Marcus is a career radioman having started radio right after senior 6 in Vac. I took a break to seek an education in India for 4…

    PROF. WASWA BALUNYWA: Does Coronavirus give Africa a new lease of life?

    Muhereza KyamuteteraThe Big StoryApril 3, 2020April 3, 2020

    When that Coronavirus pandemic ends, we don’t know when, the world would have recorded many deaths of human beings and companies. Many companies would have simply closed, some would emerge…

    LAST FLIGHT OUT: European Union to assist nationals fly out of Uganda over Covid-19

    Muhereza KyamuteteraThe Big StoryApril 3, 2020April 3, 2020

    The European Union Delegation in Uganda is providing consular support to nationals of its member countries to assist them to return home, should they wish to do so. CEO East…

    Bank of Uganda puts Unimoni Uganda under watch as UK parent company nears collapse

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsThe Big StoryApril 2, 2020April 2, 2020

    Bank of Uganda has said that although it does not expect Unimoni Uganda’s operations to be interrupted by the collapse-in-progress of Finablr, Unimoni’s parent company, it is closely monitoring the…

    OPINION: Shielding delinquent bankers, ignoring odious debt: Everything that is wrong with the UGX142 bn Basajjabalaba ruling

    Isaac SsemakaddeThe Big StoryThought LeadershipApril 2, 2020April 2, 2020

    The pre-Covid19 lockdown news that Hassan Basajjabalaba, the former chairman of ruling party NRM Entrepreneurs’ League and frontman for a string of briefcase companies, has been ordered by court to…

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