Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s
KAMPALA — In a sweeping bid to plug massive financial leaks and dismantle deeply entrenched syndicates, the Ministry of Finance, Planning, and Economic Development has announced a major procurement reform. Starting July 1, 2026, all Government Ministries, Departments, Agencies (MDAs), and Local
The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex
Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLEThe budget of Parliament has within six years doubled to Shs1.2 trillion, despite the number of elected members of the Ho
More Ugandans are using mobile money, but telecom companies earned less in the first three months of 2026.New figures from the Uganda Communications Commission, using data from Bank of Uganda, show active mobile money users climbed to 36.7 million between January and March.That’s
The Embassy of France in Uganda has officially opened applications for its 2026/2027 Master’s Degree Scholarship Programme, offering fully funded study opportunities for young Ugandan graduates seeking to pursue postgraduate education in France.The scholarship programme targets Ugandan s
The Government has announced a nationwide recruitment exercise for the Uganda Peoples’ Defence Forces (UPDF), targeting 10,200 personnel in the Financial Year 2026/2027, in a phased process scheduled to run from May to July 2026. The development has been communicated through a circular issued b
Museveni hailed the ambassador for strengthening the cordial relations between Uganda and the United States.President Yoweri Museveni has bid farewell to outgoing United States of America ambassador H.E William Popp at State Lodge, Nakasero. Museveni hailed the ambassador for streng
Former Gender minister and Uganda Peoples Congress (UPC) stalwart Betty Amongi is among those who were dropped from their ministerial positions in the Cabinet reshuffle that was announced on Tuesday last week. Her dismissal, however, came as a surprise to many people since she was seemingly one o
The committee cited the Citizenship and Immigration Act which bars holders of dual citizenship from holding offices listed in the Fifth Schedule which includes the presidency, prime minister, cabinet and ministers of state.The Parliamentary Appointments Committee has rejected the appointme
