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Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

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

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Govt to roll out e-recruitment to curb bribery in recruitment

Govt to roll out e-recruitment to curb bribery in recruitment

The Government is set to introduce a new online system for recruiting civil servants, in a move aimed at ending corruption and bribery in the recruitment process that has affected many job seekers across the country.The State Minister for Public Service, Ms Grace Mary Mugasa, said the new

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New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs to a Presidential Diaspora Commission.This news site understands that, the President is being requested to either create

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Devon Petroleum enter Uganda’s competitive fuel market with expansion plans and retail push

Devon Petroleum enter Uganda’s competitive fuel market with expansion plans and retail push

Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust

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Uganda to restrict car spareparts imports as Kiira Motors steps up local production

Uganda to restrict car spareparts imports as Kiira Motors steps up local production

Uganda’s Ministry of Science, Technology and Innovation has announced plans to seek restriction of spare parts importation to allow the country's indigenous car making company, Kiira Motors expand its local market share.The ministry says it is set to seek Cabinet approval to restrict the

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Alebtong WMP-elect Dr Lakisa Mercy: Speaker Among is the right one for the 12th Parliament

Alebtong WMP-elect Dr Lakisa Mercy: Speaker Among is the right one for the 12th Parliament

Among them, the 11th Parliament’s Speaker, Annet Anita Among, some lawmakers say, stands out as Uganda’s second female Speaker.“She has led with remarkable strength, resilience, and a deep commitment to unity,” one MP says.Over 300 Members of Parliament from across the count

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ENG. JONARD ASIIMWE: Kiira Motors and Uganda’s Scientific and Innovative Renaissance: Engineering a Prosperous Future!

ENG. JONARD ASIIMWE: Kiira Motors and Uganda’s Scientific and Innovative Renaissance: Engineering a Prosperous Future!

In the grand theatre of history, nations are not remembered for the eloquence of their lamentations, but for the audacity of their innovations. Civilizations rise not merely upon the abundance of natural resources beneath their soil, but upon the depth of scientific imagination cultivated within

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Uganda to start manufacturing own satellites

Uganda to start manufacturing own satellites

Uganda has announced plans to begin manufacturing its own satellites, as part of the country’s ambition to enter the global space economy and transition into a knowledge-based economy.This was revealed during the opening of the National Science Week 2026 at Kololo Independence Grounds in

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Man Utd beating Liverpool could cost them millions as INEOS count the cost

Man Utd beating Liverpool could cost them millions as INEOS count the cost

Manchester United beating Liverpool this weekend could end up costing the club millions of pounds. The Red Devils will be hoping for a victory against their fierce rivals to confirm their bid for Champions League qualification, but it could come at a high cost.United are all but certain of

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Labour Day: UDC Official Pitches ‘AKISONI’ Roadmap to Turn Mitumba Debate Into Industrial Growth

Labour Day: UDC Official Pitches ‘AKISONI’ Roadmap to Turn Mitumba Debate Into Industrial Growth

In a policy message ahead of the celebrations, Col. (Rtd) Dr. John Francis Ongia, UDC’s Senior Liaison Officer, unveiled what he termed the “AKISONI Framework”—a phased strategy designed to align consumer needs with national industrial ambitions.Dr. Ongia said current public and po

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