Stanbic Bank Uganda has been ordered by the court to deposit Shs200 million as security in a commercial dispute with Vegol Limited that has dragged on for four years now.It all began in 2022 when Vegol, a prominent manufacturer specializing in edible oils, soaps, and other products, sued a
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
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
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
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
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
Fresh evidence in the ongoing High Court mobile trial in Ggaba, Kampala, has placed the prime suspect, Christopher Okello Onyum, at the scene of the brutal daycare killings through analysis of his phone call data records.Detective Inspector of Police Aggrey Mpamiizo told the High Court tha
Azuba passed away on April 21, 2026, at Nakasero Hospital in Kampala, where she had been undergoing treatment. She was 72 years old. Her death has drawn tributes from across the country, with many describing her as a composed and effective leader who quietly delivered results.She was appoi
Hajat Hadijah Namyalo, the head of the Office of the National Chairman (ONC) of the National Resistance Movement (NRM), has shared her bank records in self-defence after netizens questioned her sources of income following two major splurges she made recently.The boisterous NRM bigwig recen
KAMPALA, Uganda – A breakdown of Uganda’s mining law, from prospecting to extraction, shows that mineral development follows a structured licensing sequence, a senior legal officer said.Loyola Rwabose Karobwa, a senior legal officer at the Ministry of Energy and Mineral Development, ou
