Business •
03 May '26
There is an unwritten rule, supported by parliamentary precedent, that where substantial amendments are made to a Bill, that Bill must be withdrawn, redrafted, re-gazetted and reintroduced to Parliament at first reading.The rationale for this rule is that the Bill is no longer that which w
Business •
02 May '26
Nakaseke, Uganda | Leaders from Lango sub-region, led by the Paramount Chief (Won-Nyaci) His Highness Eng. Dr. Moses Michael Odongo Okune, have presented a comprehensive five-year development memorandum to the Chief Coordinator of Operation Wealth Creation, Gen. Caleb Akandwanaho, also known as S
Business •
01 May '26
The government has announced a series of reforms to the Parish Development Model SACCOs aimed at strengthening governance, improving transparency, and expanding community participation. The changes follow concerns over exclusion, weak oversight, and reported cases of misuse of funds in some areas
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
Business •
01 May '26
At the break of dawn, before Mbale City fully wakes, the Mbale-Kampala road, which leads to Mbale-Sino Industrial Park, is already alive.Thousands of young men and women move from either direction of the road, most of them on foot and a few others on boda bodas, from their respective villa
Business •
30 Apr '26
Independence means the right to make our own mistakes if necessary and learn from themPresident Yoweri Kaguta Museveni has moved to de-escalate growing public anxiety over the proposed Sovereignty Bill, dismissing claims that the legislation aims to stifle foreign investment or block finan
Business •
27 Apr '26
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
Business •
27 Apr '26
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
Business •
27 Apr '26
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
Business •
25 Apr '26
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