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Stanbic Bank
Stanbic Bank

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Public debt repayments take lion’s share of FY2025/26 Budget

Uganda has unveiled a Shs72.4 trillion national budget for the Financial Year 2025/26, with a critical revelation standing out: statutory interest payments on public...

Gov’t suspends automated traffic fines system pending review

The Ministry of Works and Transport has announced the temporary suspension of the Automated Express Penalty System (EPS Auto), the traffic enforcement technology introduced...

Umeme takes Shs1.1t buyout dispute with gov’t to London arbitration

Former Uganda’s electricity distributor, Umeme Ltd has initiated international arbitration proceedings in London against the Government of Uganda, seeking $292 million (approximately Shs1.1 trillion)...

LoP calls for urgent review of Electronic Penalty System amid rising public concerns

The Leader of the Opposition in Parliament, Joel Ssenyonyi, has petitioned the Minister of Works and Transport to urgently review and recalibrate the recently...

Diaspora Ugandans urge Central Bank to develop local remittance App

Ugandans living abroad have renewed calls for Bank of Uganda to develop a secure, low-cost digital platform for remitting money back home, arguing that...

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