Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a neglected region right from colonial rule, had no single factory, no tarmac road, no electricity, and its communication
children, leaving them with critical injuries, before taking her own life by ingesting poison.The deceased has been identified as 32-year-old Rebecca Mula, a farmer and resident of Hahola village, Mulagi Parish, Busaba Sub-County, while the two children are 2-year-old Betani Baluka and 8-m
At 12:11am on April 23, 2026, Patrick Katungi, the father of 12-year-old Victor Katungi, received an unusual call from Benard Mangeni, the Primary Six class teacher at St Savio Junior School, Kisubi. His son, a boarding pupil in Primary Six, was missing.After receiving the news, Patrick dr
The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).
KAMPALA – Speaker of Parliament Anita Among has ignited fresh political debate after making strongly worded remarks about Parliament’s political balance, declaring confidence that the ruling establishment will dominate the 12th Parliament.The comments were made during a Members of Parl
A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen
Donald Trump was escorted by Secret Service agents carrying what appeared to be a drone jammer as fears around the President's safety soar. In a recent video of Mr Trump exiting Air Force One at an air base, a large security presence was captured that travels with him and escorts him.A Sec
The Ministry of Finance, Planning and Economic Development has released Shs101 billion to build 11 kilometres of roads inside the Sino-Uganda Mbale Industrial Park, as government moves to improve infrastructure and attract more investors.The funds are part of the 2025/2026 financial year b
Opposition leader Robert Kyagulanyi Ssentamu has marked Dr. Kizza Besigye’s 70th birthday with a tribute highlighting his long political struggle and continued detention, describing it as a stark reminder of the cost of dissent in Uganda.Former National Unity Platform (NUP) presidential
