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First oil transition takes focus at Oil and Gas Convention, banks urged to seize operational opportunities

First oil transition takes focus at Oil and Gas Convention, banks urged to seize operational opportunities

Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony

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Museveni Clarifies Sovereignty Bill: ‘It is About Policy, Not Private Money’

Museveni Clarifies Sovereignty Bill: ‘It is About Policy, Not Private Money’

Independence means the right to make our own mistakes if necessary and learn from themPresident Yoweri Kaguta Museveni has moved to de-escalate growing public anxiety over the proposed Sovereignty Bill, dismissing claims that the legislation aims to stifle foreign investment or block finan

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FDC Rejects 2026 Election Results, Outlines Post-Poll Strategy

FDC Rejects 2026 Election Results, Outlines Post-Poll Strategy

The Forum for Democratic Change (FDC) has reiterated its rejection of the January 2026 general election results, declaring that the struggle for democratic governance in Uganda is far from over. Addressing the media on Monday, April 27, 2026, FDC President Patrick Oboi Amuriat said the party “d

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Tororo Authorities Replace Contractor on Delayed Aturukuku Seed School Project

Tororo Authorities Replace Contractor on Delayed Aturukuku Seed School Project

Shs2.6 billion school project in Tororo has stalled despite extensions and added funding, prompting a contractor change and renewed scrutiny of procurement practices, contractor capacity, and accountability in public infrastructure delivery.Construction of Aturukuku Seed Secondary School i

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DTB Uganda Earns Top Recognition  at URA Bankers' Conference

DTB Uganda Earns Top Recognition at URA Bankers' Conference

Diamond Trust Bank (DTB) Uganda has been recognized as a standout performer in the financial sector, earning the first runner-up award for best in client service at the 8th Bi-annual Uganda Revenue Authority (URA) Bankers appreciation conference ..The ceremony, hosted at the Mestil Hotel i

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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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Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

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

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Mr President, thanks a lot for the first Karamoja factory

Mr President, thanks a lot for the first Karamoja factory

President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a neglected region right from colonial rule, had no single factory, no tarmac road, no electricity, and its communication

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Nelson Mandela grandchild joins Uganda’s Jane Acilo in empowerment drive

Nelson Mandela grandchild joins Uganda’s Jane Acilo in empowerment drive

The Memorandum of Understanding (MOU) was signed at Mestil Hotel in Kampala on Thursday evening, between the two nonprofits, launching strategic collaborations that will focus on education, health, leadership and community development.South Africa’s Thembekile Mandela Foundation (TMF) ha

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Billionaire Sudhir Pumps UGX 100 Million into Gen. Muhoozi’s Run for Hope as Kampala Big Names Storm Kololo

Billionaire Sudhir Pumps UGX 100 Million into Gen. Muhoozi’s Run for Hope as Kampala Big Names Storm Kololo

KAMPALA — City tycoon Sudhir Ruparelia has injected UGX 100 million into Gen. Muhoozi Kainerugaba’s high-profile “Run for Hope” birthday charity event, adding fresh weight to what many now see as more than just a fitness and philanthropy campaign.The event, held Sunday morning at K

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