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BOU awards innovative students sh35m at hackathon

The four-day event held at Mestil Hotel, which ran from July 10 to 13, brought together young minds from various registered institutions across Uganda to develop innovative digital solutions to real-world challenges.

Shilling extends losses against dollar in Tuesday's session

Liquidity conditions in the money market remained ample, supported by quarter-end government releases.

Smartphones are Africa's gateway to financial inclusion – report

Across sub-Saharan Africa, financial exclusion remains widespread. According to the report, 62% of adults lack a formal financial account, 88% have never borrowed from a formal financial institution, and 67% do not own a smartphone, largely because of affordability.

Uganda remains classified as a low-income economy - World Bank

While the country has posted commendable Gross Domestic Product (GDP) growth rates in recent years, supported by agriculture, services, oil sector preparations, and infrastructure projects, it has not yet translated this into a sufficient lift in Gross National Income (GNI) per capita to exit the low-income bracket, according to the report.

Uganda earns sh555.1b from May coffee exports

The report attributes the month's performance to lower international coffee prices amid expectations of improved global supplies, particularly following a favourable production outlook for Brazil's 2026/27 coffee season.

East Africa's top brands, business leaders honoured at Elite Brands Awards

The awards, organised by Jubilant Stewards of Africa (JSA) in partnership with the United SMEs Association of Kenya, Pacesetters International Research and Consultancy Ltd and other partners, celebrated organisations that are not only growing commercially but also transforming communities through responsible leadership.

Trademark Africa’s $700m investment to boost exports

Under the strategy, TMA aims to raise and invest about $700m, support a 33% increase in Africa’s exports to the rest of the world, contribute to increasing the value of intra-African trade by $70b, and directly create and enhance 400,000 jobs by 2030.

Indian business community urged to build lasting legacy through strategic growth

"Every successful business reaches a point where its leaders must decide whether they are building for today or for generations to come. True business success lies in creating institutions that outlive their founders," said Kumar.

UEDCL launches sh16b works in Rwenzori

“We had so many power interruptions occasioned by poles falling in the park due to bush fires which deteriorated their lifespans,” Okoch said during the ground breaking of the works at Kasese district offices on Wednesday.

Minister Bahati defends foreign investments

“Whoever comes and puts up a factory, whether you are a Ugandan or a foreigner, as long as you are employing our people, you are welcome,” he emphasised.

Museveni returns Income Tax and Excise Duty amendment bills to Parliament

“The President is against the passing into law of Clause 11 of the Income Tax (Amendment) Bill, 2026,” Tayebwa said while communicating the President's message to the House.

Uganda prioritises infrastructure in the sh23 trillion for first quarter expenditure

Addressing the media at the Ministry of Finance headquarters on Thursday, Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi said the release represents 27 %  of the approved national budget of sh84.39 trillion for the 2026/2027 financial year.

Govt warns accounting officers against budget indiscipline

Releasing the funds at the finance ministry headquarters on Friday (July 10), the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, said the release represents 27 percent of the approved national budget of sh84.39 trillion for the 2026/2027 financial year.

Govt approves construction of sh184.4b medical manufacturing facility

Beyond improving healthcare services, the investment is expected to employ over 6,000 youths across manufacturing, logistics, research, and related value chains and skills development, among other contributions.

NOTU urges informal sector workers to formalise their businesses

“After internalising the research, we will disseminate the information to the communities. When some people carry out research, they don't give us feedback,” Bigirwa asserted.

Minister halts Kayungwe-Kinkiizi gold mining, orders miners to form cooperatives

Nyamutoro directed the Uganda Police Force to arrest anyone found using mercury in mining operations.

FINCA ordered to pay former employee sh51m for unfair dismissal

Bajunana sued Finca after he was dismissed from his position as Recovery Officer on February 17, 2018, following allegations of poor performance.

MTN appeals sh2.3 billion court award to former employee

MTN, in its notice of appeal, however, maintains that the judgment raises fundamental legal questions regarding the respective roles of private complainants, investigators and prosecutors in Uganda's criminal justice system.

Police probe fatal Mbarara shop fire

The victim, Fred Tumusiime, died at Mbarara Regional Referral Hospital after suffering severe burns from a fire that burnt his electronics shop at Bishop Wills Building on Garage Street in Mbarara City.

Retired CID officer testifies on recovery of curtain materials in Kiruuruta trial

During the hearing, Chief Magistrate Kidasa admitted the recovered curtain materials and the exhibit slips as evidence after finding that prosecution had established an unbroken chain of custody.