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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

Ultimate Uganda

Govt Launches Million LEGS Project to Transform Rural Livelihoods

Govt Launches Million LEGS Project to Transform Rural Livelihoods

The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented

Ultimate Uganda

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE

Ultimate Uganda

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

Ultimate Uganda

Museveni Meets Family of Former Rebel Commander Francis 'Hitler' Eregu

Museveni Meets Family of Former Rebel Commander Francis 'Hitler' Eregu

President Museveni has met with the family of the late Francis 'Hitler' Eregu, a once-feared rebel commander who led the Uganda People’s Army (UPA) during the insurgency that rocked Eastern and Northern Uganda from 1986 to 1994.At State House Entebbe on Thursday, Museveni offered materia

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Warning after 250 million bees escape overturned truck in US

Warning after 250 million bees escape overturned truck in US

An estimated 250 million bees escaped from an overturned truck in the US state of Washington on Friday, sparking warnings from authorities for the public to avoid the swarm of stinging insects.Emergency officials were helped by several master bee-keepers after the truck, w

Ultimate Uganda

Kyabazinga Rallies Stakeholders to Combat Rising Teenage Pregnancies, School Dropouts in Busoga

Kyabazinga Rallies Stakeholders to Combat Rising Teenage Pregnancies, School Dropouts in Busoga

The Kyabazinga of Busoga, William Wilberforce Gabula Nadiope IV, has convened a high-level meeting with education stakeholders to address the persistent rise in school dropouts and teenage pregnancies in the kingdom.The meeting, held at Igenge Palace in Bugembe, Jinja City, followed a lett

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Experts Call for Sustainable Charcoal Production Instead of Bans

Experts Call for Sustainable Charcoal Production Instead of Bans

Environmental experts have said there is need for sustainable charcoal production mechanisms, instead bans.Speaking during a forum on 10+ Years of Forest and Climate Action in Uganda: Lessons and Knowledge Sharing from European Union-Funded Projects” at Mestil Hotel in Kampala, experts f

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Museveni Signs Sugarcane Amendment into Law

Museveni Signs Sugarcane Amendment into Law

President Museveni has signed the Sugarcane (Amendment) Act into law, promising renewed support for both sugarcane farmers and millers and reaffirming government’s role in reforming the agricultural sector.The President commended the Speaker and Deputy Speaker of Parliament for what he c

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Opportunity Bank Basks in Triumph at BoU's Agricultural Credit Facility Awards

Opportunity Bank Basks in Triumph at BoU's Agricultural Credit Facility Awards

It was a night to remember as Opportunity Bank Uganda scooped nine awards at this year's Agricultural Credit Facility Awards(ACF) organised by Bank of Uganda.The awards ceremony was held at the Sheraton Hotel, Kampala to mark 15 years of  the transformative ACF loan scheme,

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