this file photo, former Speaker of Parliament Rebecca Kadaga [left] and People's Front for Freedom council speaker Salaam Musumba attend a children’s event in Bugabula South, Kamuli District, wearing Independence medals. PHOTO/SAM CALEB OPIO People’s Front for Freedom (PFF) council spe
The Government of Uganda officially invested up to Shs750bn into the Matugga-based DEI Pharmaceuticals manufacturer, which earned Ugandans a shareholding of 9% in the business. This PPP decision was controversial from the very inception as a significant number of MPs protested and questioned the
Yet to be identified thugs broke into a parked car and made away with a laptop bag containing Shs100M.According to the PRO Wamala Region, SSP Lameck Kigozi, the incident occurred on 21/05/2026 at around 5:00 PM at Kalonga Trading Centre in Kalonga Sub-county.The suspects, travelling
The authority has also urged taxpayers to complete the process early to avoid disruptions when accessing tax services after the July 2026 deadline.The Uganda Revenue Authority (URA) has announced a nationwide update of taxpayer registration records in a move aimed at strengthening tax admi
The police have cleared Equity Bank of any wrongdoing in a fraudulent gold transaction that resulted in a loss of over Shs3 billion for Canadian national Clifford Potter.Last week, it was reported that Police had called on Equity Bank and Stanbic Bank to clarify the circumstances surroundi
The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.The initiative, conducte
For years, Vincent Frerrio Bamungaki Sempijja (who personally mentored greats likes AIGP Andrew Felix Kaweesi) served as Masaka LC5 Chairman before moving on to become Kalungu East MP for two terms (2011-2021).In 2021, he was dethroned by NUP’s Francis Katongole Katabazi who rode on the
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
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,
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
