Parliament summons Basajjabalaba over Shs140bn BoU guarantee
Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has resolved to summon businessman Hassan Basajjabalaba to appear in person after he failed to attend Wednesday’s proceedings on a disputed Shs140 billion Bank of Uganda guarantee. The decision, reached after a lengthy debate over a request by Basajjabalaba’s lawyers
NSSF assets rise to Shs32.8t as income hits Shs6.51t
The National Social Security Fund (NSSF) recorded a major improvement in financial performance in the year ended June 2026, with total income rising by 85 percent to Shs6.51 trillion as assets under management grew to Shs32.8 trillion. The performance was driven largely by stronger investment returns, increased member contributions and
ESG Works Best When It Becomes Everyone’s Business
By Jackie Tahakanizibwa For a long time, corporate sustainability was most visible through activities such as tree planting, community projects, donations and environmental initiatives. Those interventions remain important, but our understanding of what it means to be a responsible business has grown. Today, sustainability is increasingly about the choices companies
Bagonza set to appear in court as PACEID saga deepens
Presidential Advisory Committee on Exports and Industrial Development (PACEID) Head of Secretariat Matthew Bagonza is set to appear before court this afternoon, the Daily Star has learnt. According to sources, Bagonza, a close aide to PACEID chairman Odrek Rwabwogo, is currently in Entebbe and is expected to be brought
Museveni to flag off construction of Kampala Storage Terminal
President Yoweri Museveni will on Thursday, September 17, 2026 preside over the groundbreaking ceremony for the Kampala Storage Terminal (KST) development, a major petroleum storage facility that will significantly increase Uganda’s storage capacity. The terminal on about 300-acre site in Namwabula, Mpigi District, about 26km West of Kampala. will store
KOBs finally break trophy drought with Kyabazinga 7s triumph
KCB KOBs ended their wait for a tournament victory in the 2026 Uganda Rugby 7s Series on Sunday after edging Rams RFC 22-19 to lift the Kyabazinga 7s title at Bugembe Stadium in Jinja. The victory was KOBs’ first tournament triumph of the season and came with only one stop
Witness says Nairobi gun operation in Besigye case was stage-managed
A British military veteran has told court that an operation in which firearms and suspected fake money were recovered from Nairobi appeared to have been stage-managed as an intelligence operation. Andrew Wilson aka Orlando, a state witness treason case against former Presidential candidate Dr. Kizza Besigye, Hajji Obeid Lutale, and Captain Denis
Busitema gets new digital innovation hub as Shs 4bn project expands
Busitema University has received a new digital innovation hub aimed at equipping students and surrounding communities with skills in artificial intelligence, software development, cybersecurity, data science and other emerging technologies. The facility was handed over yesterday as part of a Shs4 billion three-year investment targeting the establishment of four regional
Tooro sets date for enthronement of Prince Edward
Tooro Kingdom’s Supreme Council has endorsed Crown Prince Edward Rukidi Kijanangoma Nyabongo I as the successor to the late King Oyo Nyimba Kabamba Iguru Rukidi IV, clearing another major hurdle in the process to install a new Omukama. The endorsement was made on Tuesday, September 15, 2026, during a sitting
Financing the Assets That Move Uganda’s Economy
For many businesses, growth is not constrained by demand or ambition. It is constrained by access to capital. Whether expanding production capacity, increasing distribution reach or investing in more efficient operations, acquiring the right assets often requires significant upfront expenditure that can place pressure on cash flow. As Uganda’s economy
