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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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Practitioners push for law to severely punish HR impostors

Practitioners push for law to severely punish HR impostors

Mr Paul Rumanda Rugambwa (centr-seated), the president of Human Resource Managers Association of Uganda (HRMAU), together with the new board. PHOTO | COURTESYOnce apprehended, an individual practising human resource management in Uganda using counterfeit qualifications could face up to two

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Bruno Fernandes issues apology as Arsenal 'open talks' with Man Utd transfer target

Bruno Fernandes issues apology as Arsenal 'open talks' with Man Utd transfer target

Manchester United are edging closer to fulfilling one of their primary objectives from the start of the Premier League campaign - securing a return to the Champions League. Michael Carrick's side occupy third position in the table with five fixtures remaining. This season, the top five clubs are

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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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Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-maki

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I’m being forced to testify against colleagues - Fred Nyanzi speaks out

I’m being forced to testify against colleagues - Fred Nyanzi speaks out

Nyanzi, in a statement on Saturday morning, denied ever recording any statement with state authorities regarding the matter and accused the prosecution of trying to use him to harass fellow party members.National Unity Platform (NUP) leader Fred Nyanzi Ssentamu, also known as Chairman Nyan

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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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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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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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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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