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Ukraine Business Roundup — On corruption in Ukraine

by Liliane BivingsMay 6, 2026

Editor's note: The following is the May 6, 2026 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. You wouldn't know it from Western media outlets — but the corruption scandal that prompted Ukraine's first wartime protests last summer continues to unfold. Last week, Ukraine’s leading outlet Ukrainska Pravda (meaning "Ukrainian Truth") published two videos presenting leaked transcripts of w

Top bank official suspended over Ukraine's biggest corruption scandal

by Oleg SukhovMay 6, 2026

KI Insights and Tech Force in UA release updated edition of Ukrainian defense tech catalog

by KI InsightsMay 6, 2026

Poland's PZU acquires Ukraine's top insurance company

by Dominic CulverwellMay 4, 2026

Exclusive: Ukraine’s Finance Ministry quietly working to convince MPs to vote for unpopular tax change

by Luca Léry MoffatMay 1, 2026

Kyiv to buy 8,000 Octopus interceptor drones for Ukrainian military

by Abbey FenbertApril 30, 2026

Ukraine's central bank slashes growth outlook amid Iran fallout

by Luca Léry MoffatApril 30, 2026

The Verkhovna Rada building in Kyiv, Ukraine, on April 17, 2026.

Ukraine parliament inches through reforms as funding deadlines loom

by Luca Léry MoffatApril 29, 2026

NewsLetters

News Feed

Friday, May 8

02:07 AM

US launches new strikes on Iran, though Trump claims ceasefire still holds

U.S. President Donald Trump told ABC News that the strikes against Iran were "just a love tap" and that the ceasefire remains in effect.

08:20 PM

'We don't recommend' — Zelensky warns foreign officials against attending Russia's Victory Day parade

"(Russia) wants permission from Ukraine to hold their parade, so they can safely march onto the square for one hour once a year, and then go back to killing our people and waging war again," President Volodymyr Zelensky said.

12:03 AM

'On the issue of Ukraine, we are not an ally of Russia,' Armenian PM says as Kremlin fumes over Zelensky visit

Russia's Foreign Ministry summoned the Armenian ambassador on May 7, saying it was "incomprehensible" for Yerevan to host Zelensky days earlier.

10:40 PM

Russian city Perm cancels Victory Day parade after wave of Ukrainian drone strikes

Perm lies 1,500 kilometers (930 miles) from the Ukrainian border. President Volodymyr Zelensky said on May 7 that Ukraine would answer Russia's ceasefire violations with "long-range sanctions."

06:59 PM

As Russia warns embassies to flee Kyiv before Victory Day, diplomats say they aren't moving

The warning came after President Volodymyr Zelensky said the fate of Russia's May 9 military parade "depends" on Ukraine's army.

09:00 PM

Ukraine war latest: Ukraine condemns 'alarming' situation in Russian-occupied Kherson Oblast

Key developments on May 7: * Ukraine condemns 'alarming situation' in Russian-occupied Oleshky in Kherson Oblast, civilians trapped in urgent need of aid * Ukraine to respond to Russia's ceasefire violations with 'long-range sanctions,' Zelensky says * 'Emergency situation' — Ukrainian firefighters unable to extinguish massive forest fire due to Russian FPV drone threat * Latvia says drones entered airspace from Russia, 1 may have crashed near oil facility Ukraine's Foreign Ministry issued

About Business

The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

March 2, 2026War has drained Ukraine’s workforce, but women and veterans are stepping in to fill the void

February 11, 2026What Ukraine's ballooning debt means for its economy, and future

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Business news

Ukraine Business Roundup — On corruption in Ukraine

Top bank official suspended over Ukraine's biggest corruption scandal

KI Insights and Tech Force in UA release updated edition of Ukrainian defense tech catalog

Poland's PZU acquires Ukraine's top insurance company

Exclusive: Ukraine’s Finance Ministry quietly working to convince MPs to vote for unpopular tax change

Kyiv to buy 8,000 Octopus interceptor drones for Ukrainian military

Ukraine's central bank slashes growth outlook amid Iran fallout

Ukraine parliament inches through reforms as funding deadlines loom

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NewsLetters

News Feed

US launches new strikes on Iran, though Trump claims ceasefire still holds

'We don't recommend' — Zelensky warns foreign officials against attending Russia's Victory Day parade

'On the issue of Ukraine, we are not an ally of Russia,' Armenian PM says as Kremlin fumes over Zelensky visit

Russian city Perm cancels Victory Day parade after wave of Ukrainian drone strikes

As Russia warns embassies to flee Kyiv before Victory Day, diplomats say they aren't moving

Ukraine war latest: Ukraine condemns 'alarming' situation in Russian-occupied Kherson Oblast

About Business

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Ukrainian 'Flamingo' missiles, drones strike Russian military factory, shut down Kirishi oil refinery

Ukraine rejects Russia's 'Victory Day' truce after Moscow violates Kyiv's ceasefire

A grim record? Why more Russians are reportedly dying in Ukraine than ever before

A subtle drop in Putin's ratings carries an unusual signal

Ukraine war latest: Russia's Kirishi oil refinery stops production after drone strikes

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With Orban out, Slovakia's Fico shifts tone on Ukraine

Explainer: Is Zelensky implicated in Ukraine's largest corruption scandal, and what do the new tapes reveal?

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