Kampala, Media – The High Court has nullified the sale of a Najjera property that was previously repossessed and sold by Housing Finance Bank, ruling that the transaction was conducted irregularly, grossly undervalued, and failed to comply with legal requirements under mortgage recovery procedu
Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis of audited financial results by Business Focus.The results show that a handful of banks continue to dominate the industr
special forensic investigation by the Auditor General has severely faulted the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Ibrahim Kaddunabbi Lubega, over a string of blatant financial and administrative irregularities.A special forensic investigation by the Audito
major corruption investigation has been launched into a Shs26.586 billion contract for the maintenance of Uganda’s national CCTV surveillance system. New documents have revealed how the contract was awarded, how the money was planned to be used, and the growing concerns surrounding its implemen
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
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
The Baseline Education Census (BEC) 2025 has confirmed the continued dominance of Buganda, Busoga, and Ankole in Uganda’s education sector, controlling the largest share of schools and learners across the country.According to the Uganda Bureau of Statistics (UBOS), Bugand
Four female students of St Peter`s SS Naalya were injured on Sunday after a vehicle they were travelling in collided head-on with a fuel tanker along the Kampala–Gulu Highway in Nakasongola District.The crash occurred at about 9:30am in Kakindu Village, Wabinyonyi Sub-county. It involved
Available information indicates that several Kampala commercial buildings in the CBD area are increasingly being targeted by money lenders, speculators and property acquirers, for reasons which couldn’t readily be established.These include Indians-owned Raja Chambers located along Parlia
More than 60,000 public officers and politicians are set to face punishment after failure to declare their wealth to the Inspectorate of Government by April,30.Inspector General of Government, Lady Justice Aisha Naluzze Batala told journalists at the Uganda Media Centre on Friday that her
