Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
The government has earmarked Shs2.26 trillion for agro-industrialisation in the 2026/27 financial year, targeting irrigation, value addition, agro-processing and agricultural research as part of efforts to transform Uganda’s agriculture sector into a more commercial and export-driven engine of
Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20
For many Ugandans, it would seem natural to expect the President to be among the highest-paid public servants, given the immense responsibilities that come with leading the country, overseeing national security, directing government policy and representing Uganda on the international stage.
Residents of Nyarubisi Village in Kitanga Parish, Kashambya Sub-county, Rukiga District have expressed frustration over the stalled Kantare–Rushekyere–Nyarubisi–Mutambi Road project, saying the delayed works have continued to affect transport, healthcare access, education, and agricultural
Pearl Bank (formerly PostBank) has been ordered by the Industrial Court to pay Shs 78.9 million to a senior manager it unfairly and unlawfully dismissed nine years ago.Paul Ndhego joined PostBank in May 2009 as a branch manager before rising through several positions. By December 2012, he
Speaker Jacob Oboth ObothKAMPALA — The Speaker of Uganda’s 12th Parliament, Jacob Marksons Oboth Oboth, has sparked fresh debate about the influence of witchcraft and spiritual practices in Uganda’s political circles after calling for prayers for Parliament and the country’s leader
The Parish Development Model is steadily reshaping rural livelihoods in Ntungamo District, with Shs46.2 billion already disbursed to 129 parishes to support smallholder enterprises in piggery, coffee, and beans.District officials say the programme is translating into visible household inve
Over 280 tea nursery bed operators in Kanungu District have denied allegations that they were defrauded by their lawyers and association leadership. The farmers clarify that a 30 percent deduction from their recent Shs14.9 billion government payout was a voluntary contribution, not an illegal ext
President Yoweri Museveni is expected to travel to Karenga District today, June 5, to officially launch the construction of Kidepo International Airport in Karenga district.The project is hoped to transform tourism and connectivity in the Karamoja sub-region.The Ministry of Works an
