Uganda steps up push to turn mineral wealth into industrial growth
As Uganda moves to turn its mineral wealth into greater industrial and economic value, dfcu Bank has stepped up support for players across the mining value chain, offering financing, insurance and foreign exchange risk management solutions. The bank says its interventions are targeting some of the key challenges limiting investment
Ndere Cultural Centre Launches Drive to Digitize Uganda’s Culture in Primary Schools
Ndere Cultural Centre has launched an initiative to digitize Uganda’s cultural heritage and introduce indigenous knowledge into primary schools through the Uganda Primary Schools Cultural Digitisation and Musicality Festival. The programme, unveiled during a Culture Consultation Group workshop at Ndere Cultural Center in Kampala, seeks to record cultural knowledge from
Court remands Bagonza Over Shs171m PACEID funds
The Anti-Corruption Court in Kampala has charged Matthew Bagonza, the Head of Secretariat of the Presidential Advisory Committee on Exports and Industrial Development (PACEID), with money laundering over the alleged transfer of Shs171 million from PACEID to his personal bank account. Bagonza, who is also an aide to PACEID
Harshad Barot at 65: Celebrating a Life of Enterprise, Family and Resilience
Sixty-five years of life, more than three decades in business and a journey that began with just USD 150, Harshad Barot has plenty to celebrate today. As the founder and Chairman of Tirupati Group marks his 65th birthday on September 17, friends, family, business associates and the wider business community
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
