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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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Bobi Wine stings Archbishop Kaziimba Mugalu over gutless comments

Bobi Wine stings Archbishop Kaziimba Mugalu over gutless comments

Bobi Wine said at a recent event in the US that it was disappointing for a senior religious leader to openly admit fear of speaking truth to powerBobi Wine criticised Archbishop Kaziimba for saying he would not risk death by confronting government like Janani Luwum.He said such rema

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Today in History: Hajj Musa Sebirumbi Executed After Luweero War Conviction

Today in History: Hajj Musa Sebirumbi Executed After Luweero War Conviction

On this day in 1999, Hajj Musa Sebirumbi was executed by hanging at Luzira Upper Prison after being convicted of multiple counts of murder, in one of Uganda’s most prominent post-war prosecutions tied to the Luweero Triangle conflict.Sebirumbi, a former Uganda People’s Congress (UPC) 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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Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h

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Museveni orders Finance Ministry to fast-track Bwindi Roads deal with DOTT Services

Museveni orders Finance Ministry to fast-track Bwindi Roads deal with DOTT Services

Kampala, Uganda: President Yoweri Kaguta Museveni has directed the Ministry of Finance to expedite the signing of a commercial contract with DOTT Services as part of a renewed push to fix the long-delayed roads to Bwindi Impenetrable National Park.In a February 17, 2026, letter seen by thi

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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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Uganda Nears First Oil as Projects Reach Completion

Uganda Nears First Oil as Projects Reach Completion

Uganda is approaching what officials describe as a decisive phase in its petroleum journey, with major oil infrastructure projects reporting near-completion ahead of expected production in the second half of 2026.This was announced ahead of the 11th Annual Oil and Gas Convention (OGC 2026)

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AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

Kampala, Uganda | URN | The race to deliver the TotalEnergies Africa Cup of Nations (AFCON) 2027 has entered a decisive phase, with the Confederation of African Football (CAF) convening in Kampala to align East Africa’s co-hosting strategy. The high-level two-day technical meeting, running from

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Rubondo Urges Rotarians to Act Early as Oil Sector Enters Execution Phase

Rubondo Urges Rotarians to Act Early as Oil Sector Enters Execution Phase

Petroleum Authority Executive Director has urged professionals and entrepreneurs to take immediate advantage of opportunities in Uganda’s oil and gas sector, emphasizing that the country has already entered a critical phase of development.Petroleum Authority Executive Director Ernest Rub

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