Shilling holds firm as dollar, pound face global pressure
The Uganda shilling remained relatively stable during the week as the local currency continued to draw support from improved dollar supply, while global markets weighed economic data against geopolitical tensions. The shilling traded around Shs 3,670/3,680 to the dollar during the week, compared to about Shs 3,645/3,655 previously, as demand
Spiro champions clean mobility ahead of Rwenzori Marathon
More than 200 riders of electric motorcycle company Spiro took to the streets of Kampala in a Green Boda Boda ride to mark the company’s partnership with the Rwenzori Marathon as the event’s official Green Mobility Partner for 2026. The partnership will see Spiro deploy electric motorcycles during the marathon
Standard Chartered, Rotary launch skills programme for vulnerable youth
Standard Chartered Bank Uganda and the Rotary Club of Muyenga Tankhill have launched a six-month skills development programme targeting 20 vulnerable young people, mainly young women, in Muyenga and surrounding communities. The Standard Chartered–Rotary Skills for Change Cohort 2026, implemented through Einstein Rising’s Skills for Change programme, will equip beneficiaries
Modern Group hailed for contribution to Uganda’s economic growth
Modern Group of Companies, one of Uganda’s diversified business groups, has been hailed for its contribution to economic growth through investment, job creation and promotion of local production. The commendation was made by officials from during a strategic tour of Modern Group’s manufacturing plant in Jinja. The delegation was led
Shs 3.5bn maize debt sparks protest at PRO Industries in Luwero
More than 50 maize traders have pitched camp at PRO Industries Ltd in Luwero District, demanding payment of more than Shs3 billion owed to them for produce supplied to the company. The traders, who converged at the company’s premises in Ndibuluungi, Butuntumula Sub-county, have parked their trucks at the factory
Court orders Muwema to deposit Shs 371m in Kololo rent dispute
The Court of Appeal has ordered Muwema & Co Advocates to provide security of US$100,000 (about Shs371 million) as it challenges a High Court decision ordering the law firm to pay more than US$372,000 (about Shs1.34 billion) in rent arrears and mesne profits. The order was issued by Justice John
Standard Chartered marks 114 years of banking in Uganda
Standard Chartered Bank Uganda has marked 114 years of operations in the country, celebrating its longstanding contribution to Uganda’s financial sector and its role in connecting local businesses and institutions to international capital and markets. The bank, which opened its Kampala branch on August 12, 1912, marked the anniversary under
Uganda Should Reflect on Carbon Liabilities Ahead of First Oil Production
By John Peter Okwi As Uganda draws closer to produce it first oil, its bet to harness this resource coincides with a period of rising global carbon pricing, an economic reality that adds urgency to the case for a swift transition to clean energy. According to the World Bank’s recent
Men must take active role in maternal health, says official
Men must take a more active role in maternal health by supporting their partners throughout pregnancy, childbirth and the postnatal period, a Koboko district health official has said. Adiru Florence, the Assistant District Health Officer in charge of Maternal and Child Health in Koboko, said maternal health should not be
MPs question Shs 36bn Pinnacle Expressway toll collection contract
Parliament’s Committee on Physical Infrastructure has questioned the decision to award Pinnacle Security Ltd a Shs 36 billion annual contract to collect toll fees on the Kampala-Entebbe Expressway, saying the arrangement could expose government to revenue losses. The committee, chaired by Mwine Mpaka, raised the concerns during an on-spot inspection
