The Public Procurement and Disposal of Public Assets (PPDA) Appeals Tribunal has overturned a multi-billion-shilling contract award issued by Uganda Electricity Transmission Company Limited (UETCL). It did so after finding…
When Uganda’s capital city floods, it is often framed as a natural disaster. The skies open up in fury, the drains overflow, and Kampala drowns under its own chaos. But…
In an economy navigating shifting macroeconomic tides, NMB Bank Plc continues to tower above its peers as Tanzania’s most profitable and resilient financial institution. The lender’s 2025 third-quarter Interim Financial…
The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, more than UGX455 million following a ruling that found his dismissal illegal. In a…
The Police Criminal Investigations Directorate (CID) is investigating Quillino Bamwine, who previously served as the Honorary Consul of the Kingdom of Eswatini to Uganda, for allegedly obtaining UGX 372 million…
The Dar es Salaam Stock Exchange (DSE) has posted another quarter of solid financial performance, signaling strong operational resilience and investor confidence amid a tightening regional economic environment. For the…
Customer complaints in the insurance sector have more than doubled in just three years, from under 150 to over 350. But to Chief Executive Officer Ibrahim Kaddunabbi Lubega, this isn’t…
Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has…
At least UGX 88.1 billion remains unclaimed in closed mobile money and other e-money accounts, a Bank of Uganda report shows. The money, which is currently held Bank of Uganda…
The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The…
