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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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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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Emergency oil drills conducted as readiness hits 99%

Emergency oil drills conducted as readiness hits 99%

Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China National Offshore Oil Corporation (CNOOC).The government has set July as the target for first oil, marking the country’s lon

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Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

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Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

Ultimate Uganda

Ugandans go for African contracts as first oil drop nears

Ugandans go for African contracts as first oil drop nears

The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).

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Amongi Slams Aceng’s Witchcraft Remarks

Amongi Slams Aceng’s Witchcraft Remarks

Gender Minister Betty Amongi has hit back at Health Minister Jane Ruth Aceng over allegations of witchcraft in the Lira City Woman MP race, escalating a political feud marked by claims of electoral interference, misuse of security forces, and deepening divisions within Lango’s leadership.

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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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I Will Spend Whatever It Takes” – Speaker Anita Among Vows, Sparking Debate Over Remarks on Opposition

I Will Spend Whatever It Takes” – Speaker Anita Among Vows, Sparking Debate Over Remarks on Opposition

KAMPALA – Speaker of Parliament Anita Among has ignited fresh political debate after making strongly worded remarks about Parliament’s political balance, declaring confidence that the ruling establishment will dominate the 12th Parliament.The comments were made during a Members of Parl

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Sanctioned by UK And US, Deserted by Museveni! What Next For Among Amid Pressure to Keep Speakership?

Sanctioned by UK And US, Deserted by Museveni! What Next For Among Amid Pressure to Keep Speakership?

Where President Museveni has finally given up on his ruthless girl Among who is sinking under weight of the Americans and British sanctions is a question that carries within it the weight of a verdict already delivered. Anita Among, once the formidable Speaker of the Eleventh Parliament, now appe

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