Business •
06 May '26
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
Business •
06 May '26
For the last 20 years preceding his death last week, says his daughter Miriam Jiji, fallen Senior Council Peter Medard Mulira was on medication for the Parkinson disease. This condition deteriorated and became even more complicated to manage when a stroke came into the picture. Simultaneously, he
Business •
06 May '26
The collapse of a four-storey building in Mbale city that killed one person and injured several others has exposed deep cracks in construction oversight, with engineers, leaders, and residents raising concerns over widespread non-compliance with building standards.Across Mbale’s suburbs,
Business •
06 May '26
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
Business •
06 May '26
A reported break-in at the Bank of Uganda headquarters in Kampala has triggered sharp criticism and renewed scrutiny over the security of one of the country’s most heavily guarded institutions.Authorities confirmed that unknown individuals gained access to the central bank premises durin
Business •
05 May '26
The 2021–2026 cabinet has concluded its term, with ministers directed to hand over their offices to permanent secretaries following their final meeting on Monday.President Yoweri Museveni thanked the outgoing ministers for what he described as a job well done. This was the cabinet he onc
Business •
05 May '26
It’s the 5th of May 2026, just 7 days to the inauguration of president Museveni’s 7th term, he’s extending his grip to power to 45 years having grabbed it in 1986 with promises and slamming of leaders who overstay in power as Uganda’s and Africa’s biggest problem.The president ye
Business •
05 May '26
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
Business •
05 May '26
Some opposition MPs were given Shs100m each to vote Yes for Sovereignty Bill, reports have emerged on the day Parliament is preparing to vote on the contentious piece of legislation. Uganda’s Protection of Sovereignty Bill, 2026, which was tabled in April 2026, is presented by the govern
Business •
05 May '26
Preliminary investigations indicate that the suspects struck in the early hours of Monday, gaining access through a gate opposite City Square before entering the bank’s commercial offices, where they reportedly spent nearly three hours undetected.Bank of Uganda headquarters in Kampala (P