Search

256 Newsroom

Business

Latest verified reporting in Business.

Court of Appeal halts Shs 1.27bn debt enforcement against businessman Abid Alam

The Court of Appeal has halted enforcement of a High court decree requiring Casements (Africa) Limited and businessman Abid Alam to pay Chinese glass manufacturer Weihai Rongsheng Glasswork Co. Limited more than $338,000 (about Shs 1.27 billion). In a ruling delivered on August 28, 2026, Court of Appeal justice Florence Nakachwa stayed execution of the […] The post Court of Appeal halts Shs 1.27bn debt enforcement ag

The Observer · 30 Aug 2026

National Buffalo Chicken Wing Festival celebrates 25 years - WIVB News 4

BUFFALO, N.Y. (WIVB) — The National Buffalo Chicken Wing Festival took over Sahlen Field on Saturday, kicking off a weekend celebration in the city of the original Buffalo wing. “The people that come here, they are so happy that we put on a festival we can ca…

WIVB.com - News 4 · 30 Aug 2026

Agent Banking Transactions Surge 65% to Shs40 Trillion

Uganda’s agent banking network recorded a sharp increase in transaction value in the year to March 2026, underscoring the growing role of agency banking in expanding access to financial services across the country.

Nile Post · 29 Aug 2026

When King Oyo fasted for 6 days as Museveni mocked his protest over assets

In July 2014, Omukama Oyo Nyimba Kabamba Iguru Rukidi IV of Tooro Kingdom embarked on a six-day fast to protest what he described as the division of his ancestral territory. The protest followed the formal recognition of two new cultural institutions — Obusinga Bwa Rwenzururu in Kasese and Obudhingiya Bwa Bwamba in Bundibugyo. The two […] The post When King Oyo fasted for 6 days as Museveni mocked his protest over as

The Observer · 29 Aug 2026

Guggenheim Stain Piles Onto Biggest Junk Laggard - Bloomberg.com

It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of its workforce, or some 2,250 people, as part of a sweeping overhaul to modernize operations. Some of its bonds and loans had fall…

Bloomberg · 29 Aug 2026