Axios’s account of an expletive-laden phone call between President Trump and Prime Minister Netanyahu has landed at a fraught moment. According to a U.S. official’s summary cited by Axios, Trump told Netanyahu: “You’re fucking crazy. You’d be in prison if it weren’t for me. I’m savi
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s
KAMPALA — In a sweeping bid to plug massive financial leaks and dismantle deeply entrenched syndicates, the Ministry of Finance, Planning, and Economic Development has announced a major procurement reform. Starting July 1, 2026, all Government Ministries, Departments, Agencies (MDAs), and Local
The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex
Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLEThe budget of Parliament has within six years doubled to Shs1.2 trillion, despite the number of elected members of the Ho
The Embassy of France in Uganda has officially opened applications for its 2026/2027 Master’s Degree Scholarship Programme, offering fully funded study opportunities for young Ugandan graduates seeking to pursue postgraduate education in France.The scholarship programme targets Ugandan s
The High Court has ruled that the sale of a mortgaged property in Najjera by Housing Finance Bank was unlawful, negligent, and conducted at a gross undervalue. Justice Susan Odongo delivered the decision in a case filed by Barnabas Samuel Aliku and Christine Mutesi Aliku, who accused the bank of
The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn), to finance the 326km Standard Guage Railway project.This followed a commitment given by Dr. Abdul Kamara, Vice Preside
The government is set to introduce new regulations aimed at strengthening environmental governance and natural resource management at district and urban levels across the country. The proposed regulations, being developed by the National Environment Management Authority (Nema), seek to operationa
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (
