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Monday, September 28, 202612:56 am (Nairobi/Kampala)

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The pharmaceutical manufacturing plant of Quality Chemical Industries Ltd in Luzira, Kampala. The company manufactures and sells antiretroviral medicines for HIV/AIDS, artemisinin-based combination therapies for malaria and hepatitis B medicines using technology from Cipla Limited.

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Pharmaceuticals sector

Quality Chemical adds influenza drug to malaria, HIV portfolio

Quality Chemical Industries has signed a Medicines Patent Pool sublicence to manufacture generic baloxavir marboxil, Roche’s flu drug, for 129 low- and middle-income countries

Rich in minerals, poor in processing: Africa’s green-energy dilemma

A World Bank study finds African countries mine transition minerals but rarely process them, limiting industrial and economic gains

Energy minister replaces Uganda National Mining Company’s board chair and deputy

The Energy Minister announced changes at the top of the Uganda National Mining Company, citing governance and management challenges

Delegates seated at long tables arranged in a U-shape in a yellow-walled conference room, facing a head table where Ruth Nankabirwa, in yellow, sits beside a man in a dark suit beneath a screen reading "Uganda National Mining Company: The 1st Annual General Meeting"

Infighting, nepotism weigh on Uganda National Mining Company

The finance ministry has ordered a governance audit of the Uganda National Mining Company amid a dispute between its management and board

Spiro secures $18mn in new debt to expand in Uganda and Rwanda

Five men in dark suits stand on a stage at NSSF's annual members' meeting. Finance minister Henry Musasizi, second from left, shakes hands with a man on the far left, beside gender minister Henry Tumukunde, centre, and NSSF managing director Patrick Ayota, far right. The figure 22.53 is displayed on a large screen behind them.

NSSF pays a record 22.53%, partly from gains it has not banked

Uganda joins Trump administration’s Trade over Aid talks in New York

Aerial view of a cargo ship

Uganda’s refugee plan is a third funded as Kampala seeks EU help

Thomas Tayebwa chairs a meeting at the head of a boardroom table; to his side sit MEPs Anna Strolenberg, nearest him, and Tineke Strik, with Ugandan officials opposite

NIC’s loss narrows as its insurance business shrinks

Seven people in dark suits seated at a long table draped in white cloth, with "Director" name plates, in front of a screen showing NIC Holdings' 25th AGM branding and a slide of the shareholder vote to reappoint BDO East Africa as auditors.

Will NSSF’s Ayota finally upstage Byarugaba?

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

Fine Spinners targets Japan and Europe with Shs20bn investment

A textile worker in a headscarf and face mask operates a spinning frame, with rows of yarn bobbins overhead, at a factory.

Kampala Storage Terminal

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

A $310mn petroleum terminal meant to bolster Uganda’s fuel security rises in Mpigi beside an open-air landfill mired in legal dispute

A group including President Museveni pulls back a yellow ribbon to reveal the Kampala Storage Terminal foundation plaque, with a soldier and officials looking on.

Bank of Uganda tightens liquidity as shilling falls to weakest since 2024

The Bank of Uganda says it can stabilise the shilling, and has raised banks’ cash reserve requirement to 13.5 per cent for the second time this year

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

NSSF’s record year is smaller than it looks

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

Uganda’s oil company ditches equity partner for its biggest terminal yet

Overhead shot of the Jinja Storage Terminal in Jinja Town

In Fred Kabanda, petro engineers win Petroleum Authority succession war

A low-angle view of a modern, glass-fronted office building against a partly cloudy blue sky. The central facade bears the words "Petroleum House" above "Ministry of Energy and Mineral Development," separated by a circular government emblem.

Robusta shortfall drags down Uganda’s July coffee exports

Bright red coffee cherries growing in dense clusters along the brown branches of a coffee tree, framed by glossy green leaves.

Editor’s Picks

National Social Security Fund

NSSF pays a record 22.53%, partly from gains it has not banked

NSSF’s record payout nearly doubles last year’s, and we explain where the Shs5.44tn came from and what it means for next year

Five men in dark suits stand on a stage at NSSF's annual members' meeting. Finance minister Henry Musasizi, second from left, shakes hands with a man on the far left, beside gender minister Henry Tumukunde, centre, and NSSF managing director Patrick Ayota, far right. The figure 22.53 is displayed on a large screen behind them.

A high-angle view of a crowded Namirembe Road in downtown Kampala, featuring a dense flow of pedestrians, commuters, and vehicles amidst commercial buildings and advertising billboards.

Uganda among world’s most polluted countries as air quality worsens

A man in a checked shirt harvests yellow coffee cherries from a coffee plant in Uganda.

UN-backed Shs3.7bn initiative targets Uganda’s coffee seed system overhaul

Most read

Will NSSF’s Ayota finally upstage Byarugaba?

Uganda’s oil company ditches equity partner for its biggest terminal yet

NSSF’s record year is smaller than it looks

In Fred Kabanda, petro engineers win Petroleum Authority succession war

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

Markets

NSSF pays a record 22.53%, partly from gains it has not banked

NSSF’s record payout nearly doubles last year’s, and we explain where the Shs5.44tn came from and what it means for next year

Five men in dark suits stand on a stage at NSSF's annual members' meeting. Finance minister Henry Musasizi, second from left, shakes hands with a man on the far left, beside gender minister Henry Tumukunde, centre, and NSSF managing director Patrick Ayota, far right. The figure 22.53 is displayed on a large screen behind them.

Seven people in dark suits seated at a long table draped in white cloth, with "Director" name plates, in front of a screen showing NIC Holdings' 25th AGM branding and a slide of the shareholder vote to reappoint BDO East Africa as auditors.

NIC’s loss narrows as its insurance business shrinks

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

Will NSSF’s Ayota finally upstage Byarugaba?

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

National Social Security Fund

NSSF’s record year is smaller than it looks

Baked clay construction materials at Uganda Clays factory in Kamonkoli, Budaka District

Uganda Clays swings to profit on improved efficiency despite rising finance costs

Head offices of the New Vision Printing and Publishing Company Ltd on First Street, Industrial Area, Kampala

Uganda Securities Exchange

New Vision swings back into profit in first half

Standard Bank Group's headquarters in Johannesburg

Stanbic trading desk powers record profit

Politics

Anti-immigration demonstrators, wearing traditional Zulu attire, gather to stage a protest in Johannesburg, South Africa on 29 April, 2026. Participants voiced opposition to irregular migration during the demonstration.

African migration

Xenophobic sentiment in South Africa reaches highest level in two decades

A brightly lit, modern exhibition stall for Uganda at the 138th Canton Fair. The stall features the national flag and the "Explore Uganda" branding, alongside large posters of gorillas and elephants. A diverse crowd of business professionals and visitors are gathered around the counters, discussing trade opportunities in agriculture, coffee, and tourism.

Geopolitics hastens China’s Hunan-led shift in Africa trade and investment

A US Coast Guard cutter sails alongside a sleek, smaller unmanned surface vessel in open blue water, with a large commercial tanker visible on the horizon.

US blockade of Iran ports deepens global oil uncertainty after Hormuz standoff

Bobi Wine, standing in a car, surrounded by hundreds of supporters in Lira town, 7 September 2023, while on a countrywide tour.

Escape to America cannot solve Bobi Wine’s dilemma

Economy

Bank of Uganda’s Monetary Policy Statement for May 2026 — Full text

Monetary Policy Committee keeps rates on hold for a seventh consecutive meeting but raises its inflation outlook as fuel costs begin feeding through

The oil and chemical tanker Petrel Pacific moored at a terminal during twilight, discharging ballast water.

Private sector picks up pace in April despite fuel-driven cost pressures

Rising energy prices push inflation higher in April

Softer global prices weigh on March coffee export revenues

A detailed shot of the coffee brewing process, showing golden-brown bubbles forming on saturated grounds in a manual pour-over dripper.

February’s bond rally fades as 10-year yield jumps 100 basis points

The Bank of Uganda's headquarters in Kampala

Uganda set to outpace region as IMF flags oil-driven growth surge

An inland oil rig

Travel & Tourism

Uganda Airlines

Uganda Airlines faces potential disruption as Airbus orders software fix for A320 jets

Airbus has ordered an immediate software update for about 6,000 of its A320 family aircraft — roughly half of the global fleet — after discovering that intense solar radiation can corrupt critical flight control data

Uganda Airlines Airbus A330 aircraft on the runway at Entebbe International Airport.

A performance stage at the Nyege Nyege festival in Bujagali, Jinja, October 2015

Nyege Nyege keeps on dancing, too fast for the moral police — and terrorists(?)

A passenger airplane packed at an airport

Uganda Airlines cancels all flights as government halts air travel

Ground support equipment at Entebbe International Airport

Uganda Airlines cancels some flights amid coronavirus outbreak

Weathered stone steps framed by lush tropical vegetation and vine-draped trees leading toward a sunlit opening in Entebbe Botanic Gardens.

How the colonial past of botanical gardens can be put to good use

Ground support equipment at Entebbe International Airport

Uganda Airlines to launch in 2019 with flights to 19 destinations

Local links across Africa provide key clues to fighting the illegal ivory trade

Uganda Business News

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