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Silenced markets: Street traders count losses after city evictions

Silenced markets: Street traders count losses after city evictions

dawn, the usual bustle of business across Uganda’s blossoming cities and towns is missing.Where voices once competed with the clatter of weighing scales and the bargaining cries of customers, there is now an edgy silence.Piles of empty wooden stalls still lie broken, some reduced

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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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In Mbarara, Fuel Is Becoming More Valuable Than Kidney

In Mbarara, Fuel Is Becoming More Valuable Than Kidney

Motorists and boda boda riders in Mbarara are grappling with rising fuel prices and supply shortages, triggering long queues, fears of fare hikes, and wider economic strain as several stations run out of stock.Hundreds of motorists and cyclists on Saturday crowded Shell Ankole in Mbarara C

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Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at

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Mukula Urges Discipline, Integrity at Aviation Graduation

Mukula Urges Discipline, Integrity at Aviation Graduation

The founder of Uganda Aviation Academy, Mike Mukula, has urged graduates to uphold discipline, integrity and continuous learning as they prepare to enter the global aviation industry.“This graduation is not the end but the beginning of your professional journey. Always stay ahead of the

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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

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Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig

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