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
KAMPALA — As debate surrounding Uganda’s proposed National Sovereignty Bill gains momentum, fresh concerns are emerging over the low level of public awareness, with critics warning that many citizens remain dangerously disconnected from a process that could directly reshape their lives.
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
In his 12th October 2023 letter, President Museveni introduced Intracom company owned by a Burundian billionaire and directed the Prime Minister Robinah Nabbanja to help get the Gender Ministry surrender 130 acres out of the 377 acres which they own at Kampiringisa in Mpigi district, where the Ka
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
Cavendish University Uganda (CUU) is a leading Private University in Uganda established in 2008 and is licensed and accredited by the Uganda National Council for Higher Education. Our student-centric academic model deploys global best practices in teaching and learning and aims to fulfil the Miss
Africa is set for a major new £264million highway with construction already underway in Burkina Faso. The new 206-mile route will feature 8 lanes, four in each direction, and is expected to be completed later this year.The new route is set to connect Ouagadougou, the capital city of Burki
Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.
Finance State Minister Amos Lugoloobi has launched the construction of a Shs500 million market in Kayunga Town aimed at resettling vendors affected by the recent demolition of illegal structures, with officials saying the project will restore livelihoods and improve urban order.The project
Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State
