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
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-maki
In his 12th October 2023 letter, President Museveni introduced Intracom company owned by a Burundian billionaire and directed the Prime Minister Robinah Nabbanja to help get the Gender Ministry surrender 130 acres out of the 377 acres which they own at Kampiringisa in Mpigi district, where the Ka
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke
The Commissioner of the National Secretariat for Patriotism Corps (NSPC), Ms. Hellen Seku, has presided over the pass-out of 1,250 students from Mbale Secondary School, Joy Secondary School, and Gillsherlock Memorial School in Mbale District.The ceremony is part of ongoing efforts to stren
President Yoweri Kaguta Museveni, in the company of the Former Prime Minister of Ethiopia, H.E Hailemariam Desalegn Boshe, has today presided over the commissioning of Phase One of a 6,000-tonne cement clinker production line by Yaobai Cement. The facility is located in Nanduget , Moroto District
For years, garbage collection in Kampala has largely been treated as a public service many residents expect but few feel responsible for sustaining. Piles of uncollected waste, clogged drainage channels, and illegal dumping have become a familiar sight across the city.Now, city authorities
Manchester United could sign two players from Roma this summer following an encouraging update, while INEOS have brought forward plans to hire their next permanent head coach.Man Utd look set to make a host of new signings ready for next season, with two central midfielders on their wanted
