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Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

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

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Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

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

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Panic as Supreme Court Revisits Justice Dollo’s Settlement Agreement on Dr. Kasasa’s Multibillion Mutungo Hill Land

Panic as Supreme Court Revisits Justice Dollo’s Settlement Agreement on Dr. Kasasa’s Multibillion Mutungo Hill Land

Five Supreme Court justices, led by Justice Percy Night Tuhaise, alongside Justices Christopher Madrama, Catherine Bamugemereire, Mike Chibita, and Monica Mugenyi, are reviewing a settlement agreement mediated by former Chief Justice Owiny-Dollo concerning the multibillion-shilling estate of Dr.

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High Court Clarifies: Fraud Allegations in Public Contract Disputes Must Be Heard—Even Late

High Court Clarifies: Fraud Allegations in Public Contract Disputes Must Be Heard—Even Late

Allen Kagina, former Executive Director of the now-defunct Uganda National Roads Authority (UNRA), and Gen. Katumba Wamala, Minister of Works and Transport, are central figures in Uganda’s road infrastructure sector, now under renewed scrutiny following a High Court ruling on procurement integr

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Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

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

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€80m double deal on a plate for Man Utd as manager hire advances

€80m double deal on a plate for Man Utd as manager hire advances

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

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Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and working abroad.In a sitting Thursday presided over by Speaker Anita Among, lawmakers also rejected a government proposa

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Wife, son fight over South African property of late Sewava, founder of Sir Apollo Schools

Wife, son fight over South African property of late Sewava, founder of Sir Apollo Schools

The High Court has thrown out a counterclaim in a commercial dispute involving money, property abroad, and the estate of Hajj Musa Sewava, a deceased businessman who founded Sir Apollo Schools in Uganda.Sewava’s son, Habib Namakajjo, had sued one of the wives of the late businessman, Mad

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Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig

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Tension in Wakiso as Retired Judge Demands Shs450m Over Disputed Wetland

Tension in Wakiso as Retired Judge Demands Shs450m Over Disputed Wetland

land dispute in Wakiso District has escalated after a court directed authorities to compensate a retired High Court judge, raising concerns over wetland protection, aviation security, and alleged abuse of office.Tension is mounting in Wakiso District following a court directive ordering th

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