Ugandan manufacturers expanding into regional markets are increasingly looking for faster and more reliable ways to move money across borders as they seek to grow their businesses beyond the domestic market. For Mbale-based manufacturer, importer and exporter UKI Uganda Limited, delays in cross-border payments have been a challenge as the company expands its operations across…
Elvis Ssekyanzi Wavamunno, once a budding entrepreneur and son of prominent businessman Gordon Wavamunno, has lost his bid to reopen a commercial court case in which Maru Capital is seeking to recover Shs164.86 million from him. Ssekyanzi had sought to stop the court from delivering a verdict, arguing that the case had been heard in…
The phrase “serviced apartment” became the centre of a tax dispute between businessman Sharad Karia and the Uganda Revenue Authority (URA), after the tax body argued that apartments he rented out in Kampala were not ordinary residential properties but serviced apartments whose income was liable to Value Added Tax (VAT). The dispute eventually reached the…
Dr Arinaitwe Rugyendo, a co-founder of Red Pepper and a veteran of the media industry, has been appointed principal press secretary to the Speaker, Jacob Oboth-Oboth. Rugyendo confirmed the appointment in a statement posted on social media, thanking the parliamentary commission that selected him and the panel that interviewed him for the post. “I pledge…
Equity Bank Uganda and Modern Group of Companies are strengthening their business relationship as the diversified Ugandan company looks to expand its operations and position itself for further growth in Uganda and the wider East African market. The partnership comes at a time when Uganda’s industrial sector is expanding and businesses are seeking financial institutions…
For many teenage girls and women, menstruation is more than a monthly inconvenience. Painful cramps can make it difficult to attend lessons, concentrate in class, work, or take part fully in daily activities. At St Theresa Girls Secondary School in Kasese District, students are using their own experiences and observations to develop a possible solution…
The Court of Appeal has ordered Muwema & Co. Advocates, a prominent law firm in Kampala, to deposit security of $100,000 (Shs370 million) before it can benefit from a stay of execution in its long-running dispute with Downtown Investments Ltd over an eviction dispute. The court also ordered that if the money is deposited in…
Equity Bank Uganda has committed more than $50 million to Microhaem Scientifics to support the company’s expansion of medical manufacturing, including a new production facility at Namanve Industrial Park. The scale of the investment was highlighted on August 7 when Equity Bank Uganda board chairman Henry Rugamba, managing director Gift Shoko and other senior executives…
The High Court has acquitted Uganda Revenue Authority (URA) officer Joseph Nsubuga of receiving a Shs15 million bribe, but upheld the conviction and one-year prison sentence imposed on his colleague Gerald Mujurizi for corruption. Justice Jane Kajuga delivered the judgment on 3 August 2026 after hearing an appeal by Mujurizi and Nsubuga against their convictions…
Four civil society organisations have filed a case with the East African Court of Justice challenging the Protection of Sovereignty Act, 2026, arguing that parts of the law are inconsistent with Uganda’s obligations under the treaty establishing the East African Community (EAC). The organisations filed the case on July 21, 2026, against Uganda and the…
Diamond Trust Bank (DTB) has instructed its lawyers, K&K Advocates, to initiate the process of selling two properties in Soroti linked to firms associated with Capt Mike Mukula, a businessman and prominent politician, over an unpaid loan of Shs 3.4 billion. The properties were pledged as security for loans given to businesses associated with Mukula,…
Human rights lawyer and activist Eron Kiiza fled Uganda last month after he got wind of information that the Office of the Director of Public Prosecutions (ODPP) was planning to bring contempt-of-court charges against him following a string of social media posts he made about the ongoing treason trial of Dr Kizza Besigye. According to…
When Master Grain Milling produced its first bag of wheat flour in 2013, the Jinja-based company was operating with a single production line. Thirteen years later, the company says it has grown into a structured agro-processing business with an annual turnover of more than Shs60 billion in the 2025/26 financial year. The company attributes part…
Dr Jimmy Spire Ssentongo, the Makerere University philosophy lecturer, cartoonist and activist popularly known as “Spire”, has lost his bid to stop the High Court from enforcing a Shs30 million contempt of court penalty against him. The ruling delivered by Justice Bonny Isaac Teko dismisses Ssentongo’s application to stay, or pause, the execution of an…
A dispute over the qualifications of a defence witness has emerged in the case involving Pastor Robert Kayanja, of Rubaga Miracle Centre, after the prosecution questioned whether a specialist in dentistry and pathology is legally authorised to conduct forensic medical examinations in alleged sexual violence cases. The witness, Dr Phenehas Bwambaale, 44, of Kabalye Police…
On November 3, 2020, Mona Stella Kijunju, a businesswoman, signed a Memorandum of Understanding with Hydra Homes Uganda to sell them a brick-making machine at Shs146 million. The agreement required Kijunju to deliver the machine within five working days to a destination chosen by Hydra Homes, which was supposed to pay within 40 working days…
In 2020, Francis Xavier Ssempiira, a Ugandan living in Canada, was introduced to Aline Nabami, a gold dealer who was also operating a garage in Kampala. Ssempiira was the founder of Yata Technologies Inc, a Canadian company. When the Covid-19 pandemic affected the company’s business in 2020, he decided to start a luxury jewellery line…
The Principal Judge, Jane Frances Abodo, has overturned the conviction of Sheethal Kumar, a former manager at Tagore Apartments and Tagore Living, for theft and cancelled a compensation order of Shs 37 million that had been imposed on him by a lower court. The apartments, located along Mawanda Road in Kamwokya, are owned by prominent…
President Museveni has ordered a fresh crackdown on corruption, absenteeism and medicine shortages in public health facilities, warning that government workers who fail to serve citizens could be replaced by younger professionals. Speaking to members of the NRM Caucus at Speke Resort Munyonyo, Museveni said his recent countrywide campaigns had given him a clearer picture…
Stanbic Bank Uganda has become the first bank in Uganda to connect to China’s Cross-Border Interbank Payment System (CIPS), a move expected to make trade between Uganda and China faster, cheaper and more efficient. The new platform allows Ugandan businesses to make direct payments in Chinese Yuan (RMB), reducing the need to convert money through…
Two employees of Next Media have died in a road accident on Entebbe Road, police have confirmed. Badru Kasirye and Isaac Ndamagye were killed on the spot when two vehicles collided head-on early Friday morning. Brian Makona, a presenter on Uncut was seriosuly injured and rushed to Kisubi hospital where he remains in a critical…
Equity Bank Uganda has reaffirmed its commitment to women’s economic empowerment by sponsoring the third edition of the 2026 Watoto Golf Tournament with Shs10 million. The bank says the sponsorship reflects its continued support for initiatives that create sustainable livelihoods for vulnerable communities through entrepreneurship. The sponsorship was announced on Wednesday during the tournament’s partners’…
The High Court has ruled that Spedag Interfreight, a courier company, was right to sell a consignment of frozen chicken that had been entrusted to it by Fresh Cuts after the importer failed to pay transport charges. Justice Susan Abinyo dismissed Fresh Cuts’ lawsuit in its entirety and instead awarded Spedag more than Shs100 million…
The United States has maintained its highest travel advisory for Uganda despite the country having successfully contained its Ebola outbreak and being declared Ebola free by the World Health Organization (WHO). In a statement announcing an additional $242 million in funding for Ebola response and preparedness efforts in Central and East Africa, the US Department…
Dr Lina Zedriga, the National Unity Platform (NUP) deputy president for northern Uganda, and prominent human rights lawyer Eron Kiiza have reportedly left Uganda and will not be coming back soon, impeccable sources told Bbeg Media. Our sources told us that Dr Zedriga, who was until recently the acting NUP president, left Uganda mid-last month….
Equity Bank Uganda launched Equity Online for Business in April 2026, introducing a next-generation digital banking platform designed to simplify financial management for businesses of all sizes. The platform replaced the bank’s long-serving EazzyBiz internet banking system and was developed in response to changing customer needs and the rapid growth of digital banking. In this…
Between December 2012 and June 2014, William Barigye, an employee at the Ministry of Internal Affairs, discovered that money meant for him had been going to another person’s account at PostBank (now Pearl Bank). Barigye worked as an assistant commissioner in the Legal and Inspectorate Services Department. He maintained his personal bank account at Centenary…
President Museveni has formally reaffirmed Uganda’s support for Olara Otunnu’s candidature for the position of secretary general of the United Nations. Introducing Otunnu to the diplomats at State House Entebbe, Museveni described him as a distinguished Ugandan statesman and experienced diplomat whose long service within the United Nations system makes him well qualified to lead…
Joweria Nakku thought the Shs68 million she had saved in her Stanbic Bank account was safe. She had opened the savings account in 2001 and mainly used it to keep money rather than make frequent withdrawals. But the account had remained largely inactive for years except for a regular monthly insurance deduction. Her problems began…
Industrial development is often measured by the number of kilometres of pipeline built, tonnes of steel installed, or energy generated. However, another important measure is who gets the opportunity to build that development. Across Uganda and Tanzania, the East African Crude Oil Pipeline (EACOP) says it is helping to change long held beliefs that technical…
Gen Muhoozi Kainerugaba, the CDF, has appointed Brig Gen Asaph Mweteise Nyakikuru as the acting commander of the Special Forces Command (SFC). In a statement Col Chris Magezi, the acting spokesperson of the UPDF said Nyakikuru has also been granted the acting rank of Major General. Nyakikuru over from Maj Gen David Mugisha, who is…
The deputy governor of the Bank of Uganda Prof Augustus Nuwagaba, has urged Ugandans living abroad to play a bigger role in the country’s economic transformation by turning remittances into long-term investments. Speaking during Equity Bank Uganda’s 2026 Diaspora Webinar, Nuwagaba said the diaspora should take ownership of Uganda’s economic story and demonstrate its contribution…
Julius Tumwesigye, the former finance manager of Prestige Driving School, has been ordered by the court to refund Shs170.52 million to the company that he irregularly received and retained from the firm’s bank account without lawful justification. Justice Bernard Namanya also awarded the company Shs10 million in general damages, in a ruling that underlines the…
A total of 165 women-led enterprises have graduated from the Green Businesses and Jobs for the Green Transformation Project, a programme aimed at strengthening women entrepreneurship, creating green jobs and supporting Uganda’s transition to a sustainable economy. The graduates completed Cohorts One to Four of the programme, which is implemented by Stanbic Business Incubator Limited…
The High Court has dismissed an application by two directors of KK Electrical Company (U) Limited seeking to stop their prosecution over allegations of tax evasion and VAT fraud. The court ruled that the Uganda Revenue Authority (URA) acted lawfully in deciding to prosecute Mahmood Kasule and Henry Kasirye Masanganzira, the directors, who had gone to…
Uganda’s diaspora continues to send record amounts of money back home, and Equity Bank Uganda is stepping up efforts to help turn those remittances into long-term investments that create businesses, jobs and sustainable wealth. On Saturday, August 1, 2026, the bank will host the latest edition of its Equity Diaspora Webinar Series. The initiative is…
African youth are more optimistic about the future of their countries and the continent, but they say governments must create jobs, fight corruption and give young people a greater voice in decision making. The findings are contained in the 2026 African Youth Survey, which interviewed 4,901 young people aged between 18 and 24 across 16…
DFCU Bank has told shareholders to brace for a loss in the first half of 2026, and at the heart of the financial pain is a legal battle in London pitting the bank against tycoon Sudhir Ruparelia and his family. In a profit warning issued to the Uganda Securities Exchange on July 30, 2026, the…
The High Court has dismissed an application by Dei Industries International and its proprietor, Dr Matthias Magoola, seeking to halt an ongoing independent audit process in their legal battle with Equity Bank Uganda Ltd and Equity Bank Kenya over a long-standing loan. Justice Susan Abinyo said Dei Industries and Magoola had failed to prove that…
Smart Protus Magara, a Ugandan who fleeced two Tanzanian businessmen of Shs500 million through the D9 investment scheme, has been ordered to refund them all the money with interest after the court discovered that the money had been deposited into his personal bank account and was never properly accounted for. Justice Bernard Namanya ruled that…
Stanbic Bank Uganda has committed Shs200 million towards the second edition of the Independence Marathon, a national run aimed at raising awareness about maternal and newborn deaths while raising money to improve maternal healthcare services. The marathon, organised under the theme “Save a Mother,” will take place on October 4. Money raised from the event…
A family investment that began with hopes of building retirement homes in Naguru has ended in a costly court battle, with the High Court ordering Denis Tindyebwa and his wife, Christine Tindyebwa, to refund Shs 991 million to Geoffrey Tindyebwa and his wife, Lillian Njeri Tindyebwa. Justice Patience Rubagumya ruled that Geoffrey Tindyebwa had failed…
Nation Media Group Uganda has announced that it is resuming operations, a month after its television, radio, print and digital platforms were forced off air by the military. In a statement dated July 28, 2026, the group’s chairman, Joe Muganda, said services would be restored gradually as the company completed what he called necessary operational…
President Museveni has pledged government support for the establishment of the $200 million Nonda Coffee Park in Nakaseke, a major agro-industrial project expected to strengthen Uganda’s coffee industry by adding value, creating jobs, and increasing export earnings. Museveni made the commitment during a meeting at State House Entebbe with a delegation from Nonda Coffee Park…
The High Court has ordered Monitor Publications, NTV Uganda and its reporter Deogratious Wamala to jointly pay lawyer Silver Kayondo Shs185 million for infringing on his copyright, falsely attributing statements to him and misrepresenting his views. Justice Dr Ginamia Melody Ngwatu also ordered the media organisations to publish an apology on their print and online…
Speaker Jacob Oboth-Oboth has urged MPs serving on the Public Accounts Committees (PAC) to carry out their oversight role with fairness, professionalism and independence, saying the committees should protect public trust rather than become platforms for political score-settling. Oboth-Oboth made the remarks while closing a two-day induction seminar for members of the Public Accounts Committees…
Stanbic Uganda Holdings Limited (SUHL), through Stanbic Bank Uganda and its non-profit arm, Stanbic Business Incubator Limited (SBIL), has launched two programmes aimed at empowering more than 10,000 low-income women entrepreneurs and 100 horticulture farmers in northern Uganda. The Women Economic Empowerment (WEE) programme, supported by the Gates Foundation, and the Albertine Agribusiness Development Programme…
The Industrial Court has ruled that Cavendish University was right to dismiss a senior lecturer, Dr Fredrick Kiwuwa Lugya, after discovering that he held two full-time jobs, at Cavendish and Makerere University. Cavendish University is a private university based in Nsambya, Kampala. It offers undergraduate and postgraduate programmes in law, business, health sciences, information technology…
Equity Group Holdings says its customers across the region, including in Uganda, are increasingly choosing to bank online rather than visit a branch, as the group pushes ahead with a technology-led transformation. According to the group’s quarter 1 2026 investor briefing, 98.3% of all transactions across the group now happen outside branches, and 89.5% are…
Isaac Katende, popularly known as Kasuku, has been ranked Uganda’s leading social media influencer, while Sheila Price has emerged as the country’s top TikToker, according to the latest Uganda national media survey by Market Intelligence Group (MIG). The findings are based on data collected from all 146 districts across Uganda and form part of the…
