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Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to

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Inside the Shs1.1 trillion supplementary budget

Inside the Shs1.1 trillion supplementary budget

Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This

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Unsafe city': Fear grows as theft and burglaries hit Arua

Unsafe city': Fear grows as theft and burglaries hit Arua

Arua City has always been a place of movement. By daybreak—around 6am—its streets pulse with the high tempo of trade: vendors calling out prices, boda-bodas weaving through traffic, children darting between homes and schools, and street vendors oscillating in all directions to make ends meet.

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Court fines mobile money agents over data breach

Court fines mobile money agents over data breach

From left, Peter Mawande, 25, Sadam Hussein, 20, and Lydi Kanyesigye, 34, who are charged with unlawful obtaining and disclosure of personal data. PHOTO/GEOFREY MUTUMBA.Court in Kampala has convicted three mobile money agents for unlawfully obtaining and disclosing a client’s personal da

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Uganda: Parliament approves Shs1.1 trillion supplementary expenditure

Uganda: Parliament approves Shs1.1 trillion supplementary expenditure

Parliament has approved a Shs1.1 trillion Supplementary Expenditure Schedule No.5 for 2025/2026 to cater for the swearing in ceremony of President Yoweri Museveni, preparations for the African Cup of Nations (AFCON) 2027 and elections of local councils, among others. The Minister of State

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The untold battle: Power struggles and fight over deals at UEDCL

The untold battle: Power struggles and fight over deals at UEDCL

man often meets his destiny on the road he took to avoid it,” the French poet Jean de La Fontaine famously said. The idea is that, despite one’s best efforts to avoid a certain path in life, they end up facing it anyway.That pretty much sums up Paul Mwesigwa’s one-year tenure as Mana

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NRM gazettes Museveni swearing-in day as public holiday

NRM gazettes Museveni swearing-in day as public holiday

National Resistance Movement (NRM) Secretary General, Mr Richard Todwong, has announced May 12 as a Public Holiday, as party leader and president-elect, Mr Yoweri Museveni, is sworn in for his seventh elective term of office.Mr Museveni, who won the January 15 presidential election with 7,

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Govt to roll out e-recruitment to curb bribery in recruitment

Govt to roll out e-recruitment to curb bribery in recruitment

The Government is set to introduce a new online system for recruiting civil servants, in a move aimed at ending corruption and bribery in the recruitment process that has affected many job seekers across the country.The State Minister for Public Service, Ms Grace Mary Mugasa, said the new

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Three arrested in Iganga over fake dollar scam

Three arrested in Iganga over fake dollar scam

The case stems from a March 6, 2026, incident in which Akampulira Dismas, a 26-year-old businessman from Kigoowa Zone in Nakawa Division, was attacked and robbed of UGX 13 million.The three suspects arrested in connection with a fake dollar scam in Iganga DistrictIganga, Uganda: Pol

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Fuel tanker driver and his pregnant wife murdered by alleged soldier; police launch manhunt

Fuel tanker driver and his pregnant wife murdered by alleged soldier; police launch manhunt

Fuel tanker driver and pregnant partner found murdered in Tamale apartment as police launch manhunt for suspect who allegedly stole over GH¢100,000 and left their 3-year-old child alive beside the bodies.A fuel tanker driver, identified as Ebenezer Kwabena, and his pregnant wife have been

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